Skip to main content

'Almost all' Fed officials backed quarter-percentage-point hike

A solid majority of Federal Reserve officials agreed at their last policy meeting to slow the pace of increases in the US central bank's benchmark overnight interest rate to a quarter of a percentage point, but also agreed the risks of high inflation remained a "key factor" shaping monetary policy and warranted continued rate hikes until it was controlled.

from Times of India https://ift.tt/8p6ZFfe
via
Labels:

Comments

Post a Comment

Popular posts from this blog

Kashmiri Pandit killed in J&K's Shopian, 7th since 2020

A terrorist shot dead 43-year-old Kashmiri Pandit farmer Puran Krishan Bhat outside his home in Choudharygund village of south Kashmir’s Shopian district Saturday morning, triggering protests in Jammu against the latest targeted attack on the community. DIG Sujit Kumar said Kashmir Freedom Fighter (KFF), the proxy name of a terrorist outfit, claimed responsibility for the attack on Bhat. from Times of India https://ift.tt/Sk9sv5q via
Post a Comment
Read more

Wet spell likely in north & central India till Jan 9: IMD

The India Meteorological Department (IMD) on Wednesday predicted a wet spell over northwest India, including Delhi-NCR, Punjab and Haryana, and central India till January 9 due to two consecutive active western disturbances. It, however, said that there may not be cold wave conditions over north India during the next five days. from Times of India https://ift.tt/34pJ29g via
Post a Comment
Read more