US Fed leaves key rates unchanged: Full text from monetary policy statement
[ad_1] The US Federal Reserve on Wednesday left the key lending rates unchanged at 5.25 per cent – 5.50 per cent for a fifth straight meeting after a two-day Federal…
US inflation rises to 3.2%, dampens hope of Fed’s interest-rate cut until June
[ad_1] A second straight month of stronger-than-expected inflation has effectively shut the door on the possibility of a Federal Reserve interest-rate cut before June, and makes back-to-back reductions after that…
US stocks pause for breath as traders await Federal guidance – Times of India
[ad_1] LONDON: US stock markets hovered Thursday as investors awaited fresh signals from the Federal Reserve about the direction of US interest rates, although European indices finished the day with…
US applications for jobless benefits inch higher but remain at historically healthy levels – Times of India
[ad_1] The number of Americans applying for jobless benefits inched up last week but remains low by historical standards, even with the Federal Reserve’s aggressive interest rate hikes meant to…
US Federal Reserve keeps interest rates at 22-year high – Times of India
[ad_1] WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for the second straight meeting, as it moves to slow stubborn inflation without damaging…