Fed rate hikes

WASHINGTON: A key indicator of US inflationcooled in June to the lowest annual rate in over two years, although this remains above the central bank's target, according to government data released Friday.The Federal Reserve's preferred…

MSCI’s global index of stocks fell on Thursday, on track for its biggest one-day percentage decline since April, while Treasury yields rose as a surge in U.S. private payrolls fueled concerns that interest rates would stay higher for…

Last Updated: July 04, 2023, 00:41 ISTNew York, United States of America (USA)Gold also garnered support from a pullback in the dollar after data showed U.S. manufacturing slumped further in June. (Representative image)Spot gold was up 0.1%…

The Federal Open Market Committee is expected to boost the benchmark lending rate target by another quarter percentage point on Wednesday, marking the 10th consecutive increase going back to March of last year. While officials’…

America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Federal Reserve has imposed over the past year in its drive to tame inflation.The…

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NEW DELHI: Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes, experts said. The aggressive…

<!-- -->Global stocks slide, dollar climbs as rate hike concern in focusSINGAPORE: Asian stocks fell the most in two weeks on Monday as concern about rapid U.S. rate rises and slowing growth rattled investors, while the euro found…

<!-- -->Oil prices extend losses as Shanghai lockdowns hit demand outlookCrude oil prices fell over 2.5 per cent to below $104 per barrel early on Monday on demand worries driven by the COVID-led extended restrictions in China and…

<!-- -->"Do not try to fight the strong dollar bull trend...," says INGFinancial markets have been whiplashed by the Russia-Ukraine war, but surging inflation dynamics and the resultant central banks' move to policy tightening will…