Tag Archives: powell

fed rate hike: Fed delivers third-straight big hike, sees more ahead – Blue Barrows

Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023, stepping up their fight to curb inflation that’s persisted near the highest levels since the 1980s. In a statement Wednesday following a two-day meeting in Washington, the Federal Open Market Committee repeated […]

US Fed meet today: Will all hell break loose if Powell opts for 100 bps rate hike? – Blue Barrows

NEW DELHI: Amid supportive domestic macros and buying by both retail and institutional investors, Nifty has somehow managed to survive the onslaught of bears that has hit the global market. Now as the US Federal Reserve begins its two-day meeting from today, Nifty bulls are worried that harsh words by Jerome Powell could lead to […]

fed: Fed plans another big hike in bid to cool inflation – Blue Barrows

Federal Reserve officials look on track for another jumbo increase in interest rates this month, as they hasten to crimp demand and assure Americans they will bring inflation back down to 2%. Fed Governor Chris Waller signaled his backing Friday for a 75 basis point hike by saying he supported “another significant increase.” Earlier, St. […]