Federal rate hike
Fed will not change 2% inflation goal, says Fed chairman Jerome Powell
Thu, Dec 15, 2022
"We're not considering that. We're not going to consider that. Under any circumstances," Powell said. "We're going to keep our inflation target at 2%. We're going to use our tools to get inflation back to 2%," he said, although he allowed "there may be a longer-run project" that could take a fresh look at the central bank's inflation goal.
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Fed meeting news: Another big rate hike likely as US ramps up inflation fight
Tue, Jul 26, 2022
Eurozone inflation is set to rise again when July's data is released on Friday. Consumer prices in the eurozone rose at an annual pace of 8.6 per cent in June, the highest rate since the existence of the euro currency.
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Gold turns firm despite strong U.S. data, Yellen rate hike hints
Thu, Feb 16, 2017
Gold rose as the dollar came off its highs on Wednesday, shrugging off earlier pressure from stronger-than-forecast U.S. inflation and retail sales that added to expectations for near-term U.S. interest rate rises.
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Indian economy well cushioned to absorb Fed rate hike impact: Finance Ministry
Thu, Dec 15, 2016
The Indian economy is "well cushioned" to absorb the impact of U.S. Federal Reserve`s rate hike, the chief economic adviser at the Ministry of Finance Arvind Subramanian said on Thursday, amid fears of capital outflows from India.
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Oil prices fall after Fed hike, but tighter market looms
Thu, Dec 15, 2016
Oil prices dropped on Thursday as a hike in U.S. interest rates drove money away from commodities and into U.S. bonds and the dollar, but a tighter fuel market looms in 2017 due to planned production cuts led by OPEC and Russia.
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Fed rate hike unlikely as US inflation decelerates
Tue, Aug 16, 2016
U.S. consumer prices were unchanged in July as the cost of gasoline fell for the first time in five months and underlying inflation moderated, which could further diminish the prospect of a Federal Reserve interest rate increase this year.
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