Federal Reserve Chair Jerome Powell affirmed on Wednesday that recent spikes in inflation had not altered…
Tag: us economy
Fed Not Looking At Slashing Interest Rates Anytime Soon, Says Raphael Bostic
The US is not yet ready to implement rate cuts, the Federal Reserve Bank of Atlanta…
US Govt Shutdown Looming: Know What It Means And Whether It Can Affect India
The US government is on the brink of a partial shutdown, as hardline Republicans within their…
US Job Growth Slows In June, Unemployment Rate Sees Slight Decline At 3.6%
Job growth in the United States slowed down in June, suggesting a cooling economy, as the…
The Fed Has Paused. How Long Will Europe’s Central Bank Keep Raising Rates in a Shaky Economy?
The U.S. Federal Reserve may have hit “pause” on interest rate hikes, but the European Central…
Wall Street Surges on Strong Jobs Report and Congress Deal
Last Updated: June 03, 2023, 02:41 AM IST New York, United States of America (USA) The…
Fed Officials Mull Skipping Interest-Rate Hike in June to Evaluate US Economy
Last Updated: June 01, 2023, 02:18 AM IST Washington D.C., United States of America (USA) Federal…
Wall Street Ends Week on High Note with Strong US Jobs Data, Bank Shares Rebound
Last Updated: May 06, 2023, 02:07 AM IST Wall Street stocks rallied Friday, snapping a four-day…
Oil Drops Nearly 4 Percent as Recession Fears Outweigh US Inventory Draw
Last Updated: April 27, 2023, 01:23 AM IST Brent crude settled at $77.69 a barrel, losing…
Wall Street Stocks Close Lower as Tesla, Regional Banks Report Lackluster Earnings
Last Updated: April 21, 2023, 04:38 AM IST The tech-heavy Nasdaq Composite Index plunged 0.8 percent…