Federal Reserve
- World
US Fed hikes interest rates by 25 basis points
New York: The US Federal Reserve has raised its benchmark interest rates by 25 basis points to the range of 5.25 to 5.5 per cent, the highest level in over two decades,…
- Business
Tesla doing better than ever, we don’t control Fed: Musk on heavy losses
San Francisco: As Tesla stocks bleed amid heavy losses, Elon Musk on Saturday blamed the Federal Reserve for the current situation, saying his electric car company is doing better than ever. Tesla…
- World
US Fed Reserve hikes interest rates by 75 basis points
New Delhi: The US Federal Reserve has raised key rates by 75 basis points, the fourth such hike by it this year to curtail rising inflation. The Fed Chairman, Jerome Powell was…
- World
World currency reserves falling at fastest pace
In the current year, the global foreign currency reserves fell by around $1 trillion to $12 trillion. It is the biggest drop since 2003. The reserves still continue to fall. These reserves…