San Francisco, Nov 30 (IANS) Elon Musk on Wednesday said the US Federal Reserve needs to immediately cut interest rates as a severe recession is looming,...
Washington D.C., July 28 (IANS) Expectedly, the US Federal Reserve jacked up its benchmark overnight interest rate by 75 basis points in an effort to tamp...
Washington, July 14 (IANS) The outlook for the global economy has “darkened significantly” in recent months, the head of the IMF has warned, and the world...
Washington, Sep 23 (IANS) The US Federal Reserve has kept its benchmark interest rate unchanged at the record-low level of near zero, while signaling that the...
Washington, Sep 16 (IANS) While US Federal Reserve has adopted a new policy strategy on inflation, the central bank is unlikely to provide new forward guidance...
Washington, June 20 (IANS) The US Federal Reserve has left interest rates unchanged as officials weighed mixed signals on the health of the US economy and...