Policymakers are set to raise their benchmark federal funds rate by a quarter percentage point on…
Tag: US Fed
Markets down over 1%, await signals from Budget, US Fed
Indian markets witnessed high volatility on the derivatives expiry day on Wednesday as weak global cues…
US annual inflation rises 6.5%, slowest pace recorded in a year
The annual figure is also down from November’s 7.1 percent spike. (file) Washington: Consumer inflation in…
Crypto Panic at Silvergate Spawned a New Breed of Bank Run
The cryptocurrency era put a new twist on that – putting depositors in trouble before. Silvergate…
Stocks mixed as US rate outlook improves as COVID-19 spike in China
Stock markets were mixed on Friday as fears of a fresh COVID lockdown in China offset…
Wall Street jumps on gains at Walgreens, Best Buy
Wall Street’s main indexes rose on Tuesday as gains in Walgreens and Best Buy helped investors…
don’t argue
An inflation-targeted central bank must keep the intrinsic value of a currency broadly constant in terms…