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PAGE 9

US treasury secretary expects economy to grow despite recession concerns

Published on Apr 8, 2023 03:29 IST

US Economy: US treasury secretary Janet Yellen.

US bank runs hold key lessons for India

A bank will survive only as long as it can carry the bluff that it can redeem all deposits even if it were to do so all at once. To SVB’s misfortune, its bluff got called. Avoiding that fate is a perennial challenge for a bank (AFP)

Updated on Apr 5, 2023 14:35 IST

Biden urges US regulators to restore strict rules on midsize banks

US President Joe Biden.

Published on Mar 30, 2023 18:06 IST

Lessons from the US bank crisis

Bailing out banks by pumping in liquidity defeats the very purpose of monetary tightening by raising interest rates.

Updated on Mar 26, 2023 15:50 IST

United States: Fed further raises key interest rates in fight against inflation

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.

Published on Nov 3, 2022 04:52 IST

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

US dollar banknotes are displayed in this illustration taken.

Updated on Jul 24, 2022 07:06 IST

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

San Francisco Federal Reserve Bank President Mary Daly on Thursday said the US central bank will keep monetary policy easy

Published on Apr 1, 2021 16:47 IST

Asian markets rally on Fed growth, rate outlook

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 08:51 IST

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

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.

Published on Jan 28, 2021 24:28 IST

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