Federal Reserve policymakers see rate hikes, blurring dove-hawk divide in the face of falling unemployment
• 7 years agoThe Federal Reserve often walks a delicate tightrope in setting interest rates as it balances its dual mandate of promoting full employment and maintaining stable prices
Stocks retreat on global rout; Sensex plunges 407 points, Nifty ends below 10,500
• 7 years agoThe BSE Sensex slumped over 407 points to end at one-month low of 34,005.76 and the Nifty ended below 10,500 mark due to widespread sell-off after global rout in stocks returned on worries about rising US interest rates