Tag: fed
CPI inflation down, but road ahead could be bumpy: SBI Report
New Delhi [India], August 13 (ANI): India’s Consumer Price Index (CPI) inflation dropped to 3.54 per cent in July 2024, its lowest in nearly five…
RBI MPC: RBI Guv Das says premature to talk about US recession but will remain vigilant
The recent data on US unemployment should not be taken as a sign of recession in the US, world’s largest economy, said Reserve Bank of…
Key US inflation gauge cools further as rate hikes bite
WASHINGTON: A key indicator of US inflation cooled in June to the lowest annual rate in over two years, although this remains above the central…
powell: US House oversight panel asks Fed’s Powell for SVB documents
The Republican-led US House of Representatives Oversight Committee on Monday asked Federal Reserve Chair Jerome Powell to hand over confidential documents related to the central…
US trade deficit eased from record high in May on fall in imports
WASHINGTON: The US trade deficit shrank in May on a sharp decline in imports, according to government data released on Wednesday, easing slightly after rising…
Logan: Fed’s Logan says more rate hikes needed amid unexpected economic strength
NEW YORK: Federal Reserve Bank of Dallas President Lorie Logan said Thursday that there was a case for a rate rise at the June policy…
Twitter: More Americans apply for jobless benefits, but layoffs are not rising significantly
The number of Americans applying for jobless benefits rose last week, but remains at healthy levels despite the Federal Reserve’s attempt to cool the labour…
Federal Reserve: Federal Reserve officials were wary about slow inflation progress at June meeting
Federal Reserve officials were concerned about sluggish progress toward lower inflation and wary about the surprising staying power of the American economy at their June…
Some US Federal Reserve officials backed rate hike in June, minutes show
WASHINGTON: Some members of the US Federal Reserve‘s rate-setting committee supported another interest rate hike in June to tackle high inflation, but ultimately voted for…
Federal Reserve: ‘Almost all’ Federal Reserve officials agreed to skip June hike: Minutes
WASHINGTON: A united US Federal Reserve agreed to hold interest rates steady at the June meeting as a way to buy time and assess whether…