Tag: Federal Reserve outlook
Federal Reserve Aims to Achieve 2% Inflation Goal Before Cutting Rates
Federal Reserve officials discussed the progress of inflation during their June meeting and concluded that while it is moving in the right direction, more evidence is needed before they consider lowering interest rates. The...
USD/INR Strengthens as US Dollar Demand Rises, Powell’s Speech in Focus
The Indian Rupee faced some challenges on Tuesday as it traded in the negative territory during the Asian session. This weakening can be attributed to the increased demand for the US Dollar and the...