Tag: Fed

US: Fed approves quarter-point hike, indicating improved inflation outlook

This decision comes after months of increasing the rate with the intention to cool the economy and marks the return to a more traditional interest-rate policy.

February 2, 2023

Powell: Fed on track to slow aid for economy later this year

“While the delta variant presents a near-term risk, the prospects are good for continued progress toward maximum employment,” Powell said.

August 27, 2021

Fed opens gate for rate cut, sends Sensex soaring

The US central bank left interest rates unchanged but opened the door for a possible rate cut in the future.

June 20, 2019