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US Inflation

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US Fed Further Hikes Interest Rate In Fight Against High Inflation

by BW Retail World Bureau
March 23, 2023

The US monetary policy committee, seeking to achieve maximum employment and inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by 25 basis points to 4.75-5.0 per cent at its latest two-day review meet. The latest hike was the same size as its previous rate increase in […]

Moderation In US Consumer Inflation Continues

by BW Retail World Bureau
March 15, 2023

Consumer inflation in the US moderated in February to 6.0 per cent from 6.4 per cent the previous month, but still the numbers are way above the 2 per cent target. It was at 6.5 per cent in December, and 7.1 per cent the month before. The US central bank’s policy rate is now in […]