Federal Reserve

Oil headed for its biggest monthly gain in more than a year on signs the market is tightening, with estimates that crude demand is running at a record clip just as OPEC+ cuts back production.West Texas Intermediate held above $80 a barrel…

The interest rate saw a 0.25 per cent hike on Wednesday.The US Federal Reserve System has raised its interest rates for the 11th time this year. The world’s largest economy, the United States, is currently grappling with a double…

In an expected but significant turn of events, the US Federal Reserve recently raised the interest rate benchmark range to a staggering 5.25 percent - the highest in over two decades.Fed's chair, Jerome Powell, offered a vision of a "soft…

The U.S. Federal Reserve on Wednesday raised the interest rate by 0.25 percentage points to 5.5 percent. This is the highest interest level seen in the last 22 years. During a press conference following the latest policy move, Powell…

Representational image only. | Photo Credit: The Hindu The Rupee gained 10 paise to 81.91 against the U.S. dollar in early trade on July 27 tracking the weakness of the American currency in the overseas market, after the U.S. Federal…

NEW YORK: Wall Street stocks shrugged off the latest Federal Reserve interest rate hike on Wednesday, finishing little-changed after a choppy session.The Dow Jones Industrial Average ended 0.2 percent higher at 35,520.12.The broad-based…

In a closely watched move, the Federal Reserve is poised to raise interest rates by 0.25 percent this week. This anticipated hike would mark the central bank's 11th rate increase in just 18 months, setting the stage for a significant…

WASHINGTON: The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still elevated inflation as a rationale for what is now the highest US central bank policy rate in 16 years.The rate hike, the…

Representational image only. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty opened on a flat note in early trade on July 25 as investors remained on the sidelines ahead of the Federal Reserve rate decision and busy week…

In a closely watched move, the Federal Reserve is poised to raise interest rates by 0.25 percent this week during its crucial policy meeting. This anticipated hike would mark the central bank's 11th rate increase in just 18 months, setting…