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Oil up 2% as dollar weakens on small US Fed rate hike

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on Wednesday as the dollar slid to a six-week low after the U.S. Federal Reserve delivered an expected small rate hike

Stocks, Treasury yields retreat as Fed signals pause in rate hikes

By Koh Gui Qing NEW YORK (Reuters) -U.S. stocks retreated from near two-week highs on Wednesday after the Federal Reserve raised borrowing costs, but signaled that it might be on the verge of pausing

Dollar falls after Fed raises rates, indicates one more hike ahead

By Hannah Lang WASHINGTON (Reuters) - The dollar slid on Wednesday after the U.S. Federal Reserve raised its key rate by a quarter of a percentage point, as widely expected, and pointed to just one

U.S. Fed delivers small rate hike amid global banking turmoil

By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) - The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing

Dollar falls after Fed raises rates, forecasts future hike

By Hannah Lang WASHINGTON (Reuters) - The dollar was lower on Wednesday following the U.S. Federal Reserve's decision to raise interest rates by a quarter of a percentage point as expected. The Fed

Fed in spotlight with focus on rate rises, bank stability

By Howard Schneider, Yoruk Bahceli and Akriti Sharma (Reuters) - An already widely anticipated U.S. Federal Reserve meeting assumed yet greater significance on Wednesday as investors awaited a signal

Oil up 1% despite crude build, as dollar weakens ahead of Fed rate move

By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 1% to a one-week high on Wednesday despite a surprise weekly build in U.S. crude inventories, as the dollar slid to a six-week low ahead of

Stocks cling to 2-week high in cautious trade ahead of Fed

By Koh Gui Qing and Dhara Ranasinghe NEW YORK/LONDON (Reuters) - World stocks steadied near two-week highs on Wednesday as investors held out hope that the banking crisis is receding for now, as they

Dollar muted as investors await Fed outlook on rates

By Hannah Lang and Amanda Cooper WASHINGTON/LONDON (Reuters) - The dollar edged up but hovered around five-week lows on Wednesday, before the conclusion of the Federal Reserve's policy meeting at

Fed in spotlight with US focus on stability, First Republic

By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) - U.S. authorities are set to explore ways to bolster financial stability, along with steps to tackle the problems facing First Republic Bank

On Camera

YourTurn

File photo of Narendra Modi | Praveen Jain | ThePrint

Prashant Kishor is right. Modi’s nationalist pitch makes him undefeatable, not...

Easy for intellectuals to laugh at Modi's nationalist claims. But it is silly to dismiss them. Because the truth is that this strategy is working.
Representational Image| photo: WikiCommons

Layoff impact? Indians top sign-ups on freelance portal, most jobs on...

A 22 March report by Freelancer.com says there were more than 12 lakh new users from India in 2022, followed by over 6 lakh from the US.

Defence

The modified variant of Hindustan Aeronautics Limited (HAL) aircraft 'Hindustan 228-201 LW' | Representational image | ANI photo

Modi govt proposes to sell up to 3.5% stake in state-run...

At the floor price, which is lower than Wednesday’s share price of Rs 2625.20 per share on the BSE, the stake sale will be valued at about Rs 2,867 crore.
Illustration: Soham Sen | ThePrint

You’ve heard of jobless growth. But Tata, Birla, Ambani, Adani, have...

Modi govt's thrust on manufacturing is much-needed but it is pushing Indian manufacturing in the direction of outsourcing, same as our services industry.