Categories: Business

Fed hikes rates, sees more tightening in search of 'timelier' drop in inflation

By Howard Schneider WASHINGTON, Sept 16 (Reuters) – The Federal Reserve raised interest rates on Wednesday and flagged further increases in borrowing costs in coming months, with new U.S. central bank

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

US appeals court blocks Kalshi from offering event contracts on Native American lands

By Jonathan Stempel Sept 16 (Reuters) - A federal appeals court blocked Kalshi on Wednesday from…

3 minutes ago

Explainer-Do AI companies have to disclose dangerous incidents?

By Sara Merken and Mike Scarcella Sept 16 (Reuters) - As artificial intelligence grows more…

6 minutes ago

GLOBAL MARKETS-Stocks fall as Fed delivers hawkish rate hike

(Updates headline and prices throughout after Fed decision, adds analyst comment) * Wall Street shares…

6 minutes ago

MLB Results

Sep 16 (Stats Perform) - Results from the MLB games on Wednesday (home team in…

10 minutes ago

Muto on target as Kobe kick off Asian Champions League challenge with win

VIDEO SHOWS: HIGHLIGHTS OF PORT FC V VISSEL KOBE IN THE LEAGUE PHASE OF THE…

11 minutes ago

Chile's state-owned miner Codelco says restructuring plan may be delayed until end of 2026

By Fabian Cambero SANTIAGO, Sept 16 (Reuters) - Chilean state-owned copper giant Codelco's restructuring plan…

14 minutes ago