The US Federal Reserve s preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year. aaa
The US Federal Reserve has lifted the benchmark policy rate into a range of 4.5 per cent to 4.75 per cent, the highest level in 15 years. The officials of the central bank continue to anticipate that further increases in borrowing costs would be necessary to bring down inflation to their 2 per cent target when they met earlier this month, though almost all supported a step down in the pace of hikes. aaa
Indian stock markets snapped a two-day winning streak on Wednesday. One of the major reasons that experts cite behind this downfall is the caution that prevailed ahead of the release of the minutes of the US Federal Open Market Committee meeting that took place on December 13, 14 of 2022.
WASHINGTON (Sputnik) - The Federal Reserve announced on Wednesday a 75-basis point, or a three-quarter percentage point, increase for the sixth US interest. 02.11.2022, Sputnik International
WASHINGTON (Sputnik) - US rate hikes could slow at some point if inflation continues retreating from the four-decade highs seen earlier this year, according to. 17.08.2022, Sputnik International