Page 73 - Us Fed News Today

The moves, which will be effective from Thursday, follow the US Federal Reserve's decision to raise its target interest rate by three-quarters of a percentage point for a second consecutive month to tame soaring inflation. 

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded from yesterday's loss to end higher today, with the key index advancing by 0.48 per cent, thanks to continuous support from foreign investors amid the cautious sentiment across the region, a dealer said.

India News: World doesn’t want a nation with nukes to collapse & Islamabad’s Middle East friends will step in

‘Preventing imported inflation’ and domestic inflation are crucial in keeping China’s economy operating in a reasonable range, Premier Li Keqiang warns.

The Dow Jones Industrial Average rose 69.86 points, or 0.23%, to 31,037.68, the S&P 500 gained 13.69 points, or 0.36%, to 3,845.08 and the Nasdaq Composite added 39.61 points, or 0.35%, to 11,361.85.

India too has been dealing with a similar complication, with inflation being reported at 7.04 per cent in May

Chinese stocks are holding their own even as aggressive liquidity tightening and recession worries trigger sell-offs in the US and Europe. With much of the bad news priced in and efforts to stabilise the economy bearing fruit, investors who cut their China exposure would be wise to revisit their position.

The Indian Rupee fell by 25 paise to close at 78.38 (provisional) against the US dollar

US Fed makes biggest rate hike since 1994 - The US Federal Reserve raised the interest rate by 0.75 percentage points, the highest on-shot increase since 1994, to tackle inflation  that...

Investors ask how long the selloff will last after the S&P 500 posts its worst week since March 2020