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

Google executive Donald Harrison resigns from SpaceX board

Nov 6 (Reuters) - SpaceX disclosed on Friday that Google executive Donald Harrison has resigned…

39 seconds ago

UPDATE 8-NCAAB Results

Nov 7 (Stats Perform) - Results from the NCAAB games on Friday (home team in…

5 minutes ago

Top-seeded Whitecaps carry motivation into finale at CF Montreal

Though the Vancouver Whitecaps have the top seed in the Western Conference locked up, they're…

9 minutes ago

Democrats planning flood of AI bills when they take control of Congress

By Courtney Rozen WASHINGTON, Nov 6 (Reuters) - Democrats are planning to unleash a flood…

11 minutes ago

Trump administration delays meeting of high-profile tech panel

By Courtney Rozen WASHINGTON, Nov 6 (Reuters) - The Trump administration canceled a meeting on…

12 minutes ago

Ohio State dominates second half; pulls away from Youngstown State

John Mobley Jr. scored 25 points while Andrija Jelavic and Amare Bynum keyed second-half surge…

16 minutes ago