US Slashes Rates To Lowest Since 2022: What Powell’s Move Means For Jobs, Inflation And Your Wallet
Powell’s final stretch before a leadership change begins with a cautious rate cut as the Fed reads a slowing labour market through delayed economic data.
Dec 11, 2025, 04:19 AM IST
US Fed Reserve hikes interest rates by 75 basis points, Indian markets and rupee to be hit
US Fed`s rate hike actions have a direct bearing on Indian markets and the rupee, as higher interest rates in the US take the sheen off Indian equities, weaning away foreign investors, say market analysts.
Nov 03, 2022, 08:27 AM IST
US Federal Reserve approves first interest rate hike since COVID-19 outbreak
The central bank forecast inflation at 4.3 per cent for 2022, versus its typical target of 2 per cent a year.
Mar 17, 2022, 08:57 AM IST
Federal Reserve raises rates, signals confidence in strengthening economy
The Federal Reserve raised interest rates on Wednesday.
Mar 22, 2018, 00:12 AM IST
Federal Reserve set to raise rates as Powell era begins
The Fed also will update its forecasts for the economy and how aggressively officials think the central bank will have to act in coming years.
Mar 21, 2018, 07:12 AM IST
US Senate confirms Jerome Powell as next Fed chairman
Powell is to succeed current Fed chair Janet Yellen, when her terms expire on February 3.
Jan 24, 2018, 09:42 AM IST
US Senate panel approves Powell's nomination to be next Fed chair
The committee approved Powell`s nomination by a vote of 22-1.
Dec 06, 2017, 13:19 PM IST
Fed chair nominee Powell pledges to 'respond decisively' to economic threats
During Powell's time as a governor the Fed has regularly come under the criticism of Republican lawmakers worried that the central bank`s bondbuying and other crisis response programs created risks to the financial system, and that central bankers had accumulated too much discretionary power.
Nov 28, 2017, 21:46 PM IST
Gold price eases from six-week high ahead of Fed chair confirmation
Low rates cut the opportunity cost of holding non-yielding assets such as bullion, while depressing the dollar, in which it is priced.
Nov 28, 2017, 17:36 PM IST
Janet Yellen to step down from Federal Reserve board
Yellen's decision gives Trump in his first year in office the chance to fill five positions on the Fed's seven-member board, in addition to picking Powell to be the next Fed chairman.
Nov 21, 2017, 07:14 AM IST
Donald Trump to nominate Jerome Powell as next Fed chairman
The appointment of Powell is likely to be well received on Wall Street, as he has never dissented from any monetary policy decision since becoming governor in May 2012.
Nov 02, 2017, 09:34 AM IST