Page 74 - Us Fed News Today

The errors committed in the monetary policy response post-2009 should help the central bank form a strategic vision with a medium-to-long term action plan for ‘inflation targeting’.

The Sensex and Nifty are poised to open higher as global markets rallied after the U.S. Federal Reserve hiked interest rates in line with market expectations.

The US Labour Bureau data says the main reason for inflation is the cost of fuel. Energy today is 35% more expensive in the US than it was a year ago.

There is an increased threat of inflation coming through the currency route. Assuming the global prices remain the same, the depreciation in currency will increase the landing cost.

To tame the inflation that is at its highest in 40 years, the US Federal Reserve raised the interest rate by 0.75 percentage points, the biggest since 1994

The US Federal Reserve on Wednesday (local time) raised interest rates by 75 basis points (bps) or three-quarters of a percentage point in the boldest move since 1994.

As the US Federal Reserve announces the largest hike to its benchmark interest rate in 28 years, China is pushing for stabilisation and shying away from headline rate reductions to stimulate the economy.

As major economies continue to grapple with high prices while fending off a slowdown, the effectiveness of central banks and governments is being called into question. At the heart of the brutal sell-off in markets is a crisis of confidence in global policymaking.

Equity investors became poorer by over Rs 5.47 lakh crore in early trade on Monday amid an extremely weak trend in the broader market

The sharp fall in Sensex and Nifty on Monday amid a huge selloff in the global equities saw domestic investors losing more than Rs 6 lakh crore. Todays slump in the indices is the sixth out of seven sessions.