Skip to main content

Fed signals bond-buying taper coming 'soon'

The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases "soon" and signaled interest rate increases may follow more quickly than expected, with nine of 18 US central bank policymakers projecting borrowing costs will need to rise in 2022.

from Times of India https://ift.tt/2XHvjYt

Comments

Popular posts from this blog

Listen To Indian Muslims' "Mann Ki Baat": Jama Masjid Shahi Imam To PM

Jama Masjid's Shahi Imam Syed Ahmed Bukhari on Friday expressed concerns over the "storm of hatred" in the country, and urged Prime Minister Narendra Modi to listen to the 'Mann Ki Baat' of Muslims. Citing recent incidents like the Nuh riots and the killing of four persons by a railway police jawan on a running train, Ahmed Bukhari suggested in his Friday sermon at the historic mosque that PM Modi and Home Minister Amit Shah hold dialogue with intellectuals from the community. "I have been compelled to speak due to the existing situation in the country. The situation in the country is worrisome and a storm of hatred is posing grave danger to peace in the country," Ahmed Bukhari said. "You say your 'Mann Ki Baat' but you also need to listen to the 'Mann Ki Baat' of Muslims. The Muslims are troubled due to the prevailing conditions and worried about their future," Ahmed Bukhari said, referring to PM Modi's monthly radio pro...