Tag: Us Fed

US Fed tries to control inflation
US Fed tries to control inflation genie with a 75 bps rate hike

The spike in inflation, highest since the 1980s, with "ongoing increases" in borrowing costs against a backdrop ahead of a decelerating economy.

  • Thursday, 28 July 2022
US Fed Minutes Suggest Earlier & Faster Rate Increases
US Fed Minutes Suggest Earlier & Faster Rate Increases

Fed Chairman Jerome Powell shifted his tone to emphasise the ongoing pandemic's risks to inflation, via ongoing supply-chain issues, as opposed to growth, the report said.

  • Thursday, 06 January 2022
Rupee sees high volatility
Indian Rupee plunges to record low of 70.52 per dollar

Mumbai: The Indian rupee plunged to a record low of 70.52 during the noon-trade session on Wednesday. It had retreated sharply on Monday to hit a closing low of 70.16 against the US dollar, plunging by 25 paise despite a huge rally in equities amid easing worries over near-term monetary policy tightening by the US […]

  • Monday, 26 July 2021
rupee
Rupee ends 10 paise higher at 62.41 vs USD ahead of Fed decision

Rising for the second day, the rupee appreciated by 10 paise to end at 62.41 against the dollar on Wednesday on sustained selling of the American currency by exporters ahead of a decision of US Federal Reserve on tapering its monetary stimulus

  • Monday, 21 June 2021
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