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US Fed Reserve News

Federal Reserve

28 Jan 2016

Fed says US growth slowed; keeps rate unchanged

The Federal Reserve said US growth slowed late last year as it kept its benchmark interest rate unchanged on Wednesday after December`s historic hike.

28 Sep 2015

US consumer spending rises; core inflation firms slightly

US consumer spending grew briskly in August and a key measure of inflation firmed a bit, signs of strength in America`s domestic economy that could lead the Federal Reserve to tighten interest rates despite weakness abroad.

Federal Reserve Chairman

15 Jul 2015

Yellen says economy on track, defends Fed 'transparency'

Federal Reserve Chair Janet Yellen said on Wednesday the US central bank remains on track to raise interest rates this year, with labor markets expected to steadily improve and turmoil abroad unlikely to throw the US economy off track.

07 Jan 2015

Dow jumps 213 points as US stocks snap losing streak

The broad-based S&P 500 gained 23.29 (1.16 percent) at 2,025.90, while the tech-rich Nasdaq Composite Index bolted 57.73 (1.26 percent) higher to 4,650.47.

10 Sep 2014

Rupee weakens to near one-month low on Fed worries

Traders expect the rupee to hold in a 60.70 to 61.00 to a dollar range in the rest of the session.

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