[

federal reserve

]

Latest from federal reserve

US growth is looking sickly as fed keeps hiking rates: Eco week

US gross domestic product -- the sum of goods and services produced -- is forecast to have risen an annualized 0.5% during the April-June period, according to the median estimate in a Bloomberg survey of economists.

US dollar banknotes are displayed in this illustration taken. (REUTERS)
US dollar banknotes are displayed in this illustration taken. (REUTERS)
Updated on Jul 24, 2022 12:36 PM IST
Bloomberg |

Fed won't react to temporary rise in inflation this year: Official

"As policymakers we have to look through these temporary increases; we're really looking for sustained improvements in inflation so we can average 2% and meet our price stability goals," Daly said

San Francisco Federal Reserve Bank President Mary Daly on Thursday said the US central bank will keep monetary policy easy(PTI File Photo)
San Francisco Federal Reserve Bank President Mary Daly on Thursday said the US central bank will keep monetary policy easy(PTI File Photo)
Published on Apr 01, 2021 10:17 PM IST
Reuters |

Asian markets rally on Fed growth, rate outlook

With growth already expected to burst higher this year, huge stimulus spending kicking in and vaccines being rolled out, investors have in recent weeks grown worried about a surge in inflation that could force the central bank to reconsider its dovish stance.

A passerby watches an electronic stock indicator in Tokyo. Asian stock markets tumbled amid fears the US may be heading back into recession and Europe's debt crisis is worsening. The sell-off follows the biggest one-day points decline on Wall Street since the 2008 financial crisis.
A passerby watches an electronic stock indicator in Tokyo. Asian stock markets tumbled amid fears the US may be heading back into recession and Europe's debt crisis is worsening. The sell-off follows the biggest one-day points decline on Wall Street since the 2008 financial crisis.
Published on Mar 18, 2021 02:21 PM IST
AFP | | Posted by Harshit Sabarwal

Federal Reserve stresses its commitment to low rates as US economy stumbles

The Fed said in a statement after its latest policy meeting that hiring and economic growth had slowed, particularly in industries affected by the raging pandemic, notably restaurants, bars, hotels and others involving face-to-face public contact.

Speaking at a news conference, Powell made clear his belief that the economy will struggle in the coming weeks and months, until widespread vaccinations and government rescue aid eventually fuel a sustained rebound.(Reuters File)
Speaking at a news conference, Powell made clear his belief that the economy will struggle in the coming weeks and months, until widespread vaccinations and government rescue aid eventually fuel a sustained rebound.(Reuters File)
Published on Jan 28, 2021 05:58 AM IST
AP | , Washington
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, August 18, 2022
Start 15 Days Free Trial Subscribe Now