Fed opens door wider for rate hike but downgrades economic outlook
The Federal Reserve on Wednesday moved a step closer to hiking rates for the first time since 2006, but downgraded its economic growth and inflation projections, signalling it is in no rush to push borrowing costs to more normal levels.
Mar 19, 2015, 09:01 AM IST
Dollar eases in Asia after US inflation rally
The euro rose to $1.1206, from $1.1198, but it slipped to 133.65 yen from 133.72 yen in US trade.
Feb 27, 2015, 09:13 AM IST
Asian shares slip on profit-taking
Asian markets slipped on profit-taking Thursday following the previous day`s hefty gains while there was little positive reaction after a closely watched indicator showed a slight pick-up in Chinese manufacturing activity.
Oct 23, 2014, 14:26 PM IST
US inflation ticks up unexpectedly in September
US consumer prices rose slightly in September, contrary to analysts` expectations, the Labor Department reported Wednesday.
Oct 22, 2014, 20:21 PM IST
US consumer prices post first decline in nearly 1-1/2 years
The Labor Department said on Wednesday its Consumer Price Index dropped 0.2 percent last month as a broad decline in energy prices offset increases in food and shelter costs.
Sep 17, 2014, 22:43 PM IST
US stocks dip on weak inflation ahead of Fed meeting
Wall Street stocks on Tuesday opened lower following a weak US inflation report.
Sep 16, 2014, 19:54 PM IST
Modest inflation data helps push US stocks higher
US stocks pushed higher in early trade Friday, looking toward a possible third straight gain helped by data showing the economy continues to grow with inflation in check.
Aug 15, 2014, 20:30 PM IST
Yellen resolved to avoid raising rates too soon, fearing downturn
Approaching a historic turn in US monetary policy, Janet Yellen has staked her tenure as chair of the Federal Reserve on a simple principle: she`d rather fight inflation than another economic downturn.
Aug 13, 2014, 10:43 AM IST
Oil price risks put inflation back in focus
Oil prices neared nine-month highs late last week, touching $115 a barrel.
Jun 22, 2014, 15:23 PM IST
US inflation rise boosts dollar, Treasury yields; stocks mixed
US Treasuries` prices fell on the CPI data, which analysts said may give the Fed more confidence in quickening an end of its extremely low interest rate regime.
Jun 17, 2014, 22:01 PM IST
