US Fed rate hike News

The Fed has raised rates seven times since late 2015 on the back of the economy`s continuing expansion and solid job growth, rendering the language of its previous policy statements outdated.

The US Federal Reserve has raised the benchmark interest rate by 25 basis points.

The Federal Reserve kept interest rates unchanged on Wednesday in its last policy decision before the U.S. election, but signaled it could hike in December as the economy gathers momentum and inflation picks up.

The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday but set the stage for a hike in December amid signs the economy is picking up steam.

Caution ahead of the release of inflation macro-data, along with increased chances of a US rate hike and anxiety over upcoming quarterly results tumbled the Indian equity markets on Thursday.

The Federal Reserve should avoid removing support for the U.S. economy too quickly, Fed Governor Lael Brainard said on Monday in comments that solidified the view the central bank would leave interest rates unchanged next week.

The last leg of corporate results from blue-chips like Tata Motors and NTPC and the progress of monsoon rains will be key to stock market movement this week, say experts.

Spot gold ticked up 0.3 percent to $1,054.40 an ounce by 0327 GMT.

India Inc Thursday said the rate hike by the US Federal Reserve will not have a significant impact on India even though it may put pressure on emerging market currencies, including the rupee.

End of uncertainty and accommodative outlook for future will help policy makers in emerging economies.

The US Federal Reserve last night hiked interest rates by 0.25 percent.

In a historic move, the US Federal Reserve on Wednesday hiked interest rates by 0.25 percent, the first raise in almost a decade, a sign that the world`s largest economy had overcome most of the wounds of the global financial crisis.

Eight years after a devastating recession opened an era of loose US monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world`s largest economy had overcome most of the wounds of the global financial crisis.

The Federal Reserve begins meeting Tuesday to weigh a landmark interest rate increase that will signal the end of more than seven years of crisis-era, easy-money monetary policy.

An expected first interest rate rate in almost a decade by the Federal Reserve on Wednesday could squeeze emerging economies` room for manoeuvre as they try to stave off recession, analysts warn.

RBI Governor Raghuram Rajan on Friday said there was a 70-75 percent possibility that the US Federal Reserve would raise interest rates in its monetary policy review later this month.

This was the seventh fall in last eight sessions, and for the week, the index slumped by 593.68 points or 2.31 percent, making it the second-straight weekly fall.

Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the "next step" should be to start gradually increasing rates, a top US central banker said on Saturday. 

The U.S. Federal Reserve kept interest rates unchanged on Wednesday and in a direct reference to its next meeting put a December rate hike firmly in play.

Tracking firm global cues, the market benchmark Sensex Monday closed at one and a half months high of 26,785.55 with a surge of 564.60 points as inventors sensed diminishing chances of the Fed rate hike in the near future after a weak US jobs report.