• SENSEX
    NIFTY 50
Business

Fed lifts rates amid stronger inflation, drops crisis-era guidance

Updated : June 14, 2018 06:13 AM IST

The Fed dropped its pledge to keep rates low enough to stimulate the economy "for some time" and signalled it would tolerate inflation above its 2 percent target at least through 2020.
Fed policymakers projected gross domestic product would grow 2.8 percent this year.
Fed lifts rates amid stronger inflation, drops crisis-era guidance
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV