US Federal Reserve

US Federal Reserve Tool Recommends Immediate Rate Hike

A tool developed by the US Federal reserve to forecast financial actions and decisions reportedly calls for an immediate interest rate hike, according to a paper published by Philadelphia Fed president Charles Plosser. Jan 1, 2015
Arun Jaitley

No Pressure on RBI To Cut Rates, Insists Jaitley

The finance minister has denied pressurizing the RBI Governor to cut rates, after his reference to 'high cost of capital' sent the markets soaring in the expectation of a rate cut. Dec 29, 2014