India's record FX warchest set for US Fed rate hike test
Chastened by a tumble in the rupee in 2013 at the prospect of tighter US monetary policy, India has built up record foreign exchange reserves of nearly $340 billion to insulate the economy from capital flight as the United States prepares to lift interest rates.
Mar 19, 2015, 18:08 PM IST
Fed opens door for rate hike even as it downgrades economic outlook
The Federal Reserve on Wednesday moved a step closer to a much anticipated first rate hike since 2006 by removing "patient" from its language, although markets bet on a September hike after it downgraded the expected pace of growth and inflation.
Mar 19, 2015, 00:33 AM IST
Sensex rebounds 299 points on hopes US Fed won't hike rates soon
Tracking positive global cues, the benchmark Sensex Tuesday logged its first rise in three days, gaining about 299 points to end at 28,736.38 as a batch of tepid US economic indicators triggered hopes that Fed will not raise interest rates soon.
Mar 17, 2015, 18:03 PM IST
Sensex, Nifty post biggest single-day fall in two months
The BSE Sensex and Nifty fell more than 2 percent on Monday, their biggest single-day drop in two months, on increased expectation of a rate hike by U.S. Federal Reserve following stronger-than-expected jobs data.
Mar 09, 2015, 16:36 PM IST
Fed's Yellen describes transition to "meeting by meeting" debate on rate hike
The Federal Reserve is preparing to consider interest rate hikes "on a meeting by meeting basis," Fed Chair Janet Yellen told a congressional committee on Tuesday in a subtle change of emphasis in how the Fed has been speaking about its plans for the first interest rate increase since 2006.
Feb 24, 2015, 22:05 PM IST
Most Wall St firms project June 2015 US Fed rate hike: Poll
Thirteen of 20 primary dealers, the banks that deal directly with the Fed, said in a Reuters poll on Friday they expect the first rate hike by June. All but three expect at least two rate hikes in 2015.
Jan 10, 2015, 10:31 AM IST
Fed could hike rate sooner than expected: Yellen
The Federal Reserve could raise its interest rate sooner than expected as the jobs market improves, Fed Chair Janet Yellen said Tuesday, adding the Fed was closely watching for risks.
Jul 15, 2014, 23:00 PM IST
