Bangalore : Wall Street’s main indices fell on Wednesday as a jump in US consumer prices…
Tag: federal Reserve
Federal Reserve Governor Quarles resigns, giving Biden another opening to fill
Federal Reserve Board member Randall Quarles announced Monday that he is resigning at the end of…
Top Fed official says continued high inflation will be problematic for central bank
A top Federal Reserve official said he expects inflation growth to moderate this year as the…
Wall St update: Nasdaq opens at record highs on earnings excitement
The tech-heavy Nasdaq index hit a record high on Thursday, fueled by a slew of stellar…
The Fed will begin reducing $15 billion of asset purchases later this month
The Federal Reserve said it would begin closing its monthly asset purchases at a pace of…
Oil declines to worst in US crude supply since August
Oil fell after a second consecutive week of increase in crude oil reserves following a report…
Fed ready to ease, but wants more insight on market rate hike
The decision to call off, or taper, this month’s purchases has been so heavily telegraphed by…
Fed leadership uncertainty worsens rate-policy outlook
Uncertainty over who will name President Biden to lead the Fed next year hangs over the…