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US: Fed approves quarter-point hike, indicating improved inflation outlook
Updated : 6 days, 5 hours ago IST
The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point.
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Sensex recovers 60k level as markets open with Budget expectations
Updated : 6 days, 13 hours ago IST
Most of the global markets' indices were trading in the green as investors looked ahead to the US Federal Reserve meeting on Wednesday.
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Morgan Stanley sees 25 basis points rate hike in next US monetary policy m
Updated : 1 week, 1 day ago IST
The US central bank's policy rate is now in a target range of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
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US Fed's Brainard makes case for further policy tightening to cool inflati
Updated : 2 weeks, 4 days ago IST
In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target. In October, it was reportedly 7.7 per cent.
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US Fed chief Jerome Powell tests positive for Covid
Updated : 2 weeks, 5 days ago IST
US Federal Reserve Chair Jerome Powell tested positive for Covid-19 and is experiencing "mild symptoms".
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More interest rate hikes needed to fight inflation, says US Fed's Bowman
Updated : 3 weeks, 2 days ago IST
In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target.
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US flights grounded: Flight departures resume after overnight system outag
Updated : 3 weeks, 6 days ago IST
The US Federal Aviation Administration (FAA) informed all operators about the airspace system failure.
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Over 400 flights grounded in US due to technical glitch, no impact on Indi
Updated : 3 weeks, 6 days ago IST
Over 400 flights across the United States have been stranded due to a major outage in the computer system of the US regulator Federal Aviation Administration (FAA) on Wednesday.
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Indian stocks decline for second straight day over selloff by foreign inve
Updated : 3 weeks, 6 days ago IST
Indian stock indices have extended losses for the second straight session, largely due to continued selling by foreign investors on concerns over higher stock valuations.
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Stabilising inflation may require measures 'that are not popular', says US
Updated : 4 weeks ago IST
The US central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
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Indian stocks give up Monday's gains; Fed chief's speech in focus
Updated : 4 weeks ago IST
TCS, among the Nifty 50 companies, was the top loser this morning. It declined over 2 per cent. Analysts attribute the decline to less-than-estimated earnings during the October-December quarter.
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Inflation "far too high" despite recent encouraging signs: US Fed Governor
Updated : 1 month ago IST
US Federal Reserve Governor Lisa D. Cook has said inflation in the US remains "far too high" despite some encouraging signs lately, and the top central bank official termed it as a concern.
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