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US Fed Announces The Possibility Of Tapering In Late 2021
Friday, in a virtual meeting to the Kansas City annual Jackson Hole symposium, US Federal Reserve (Fed) Chair Jerome Powell said that they might start to reduce monthly bond purchases, later this year. However, they will not rush to hike the ...
US Fed Reserve Holds Rates Near Zero; Signals Low Rates For 3 Years
The US Federal Reserve concluded its latest policy meeting on Wednesday leaving interest rates near zero and indicated that rates would stay the same through 2023. The American central bank said short-term rates would remain targeted at 0-0.25 percent. The officials ...
Us Fed Reserve Holds Rates Near Zero Signals They Will Stay There For Years
Rupee Opens Tad Lower At 70.90
The Indian rupee opened weak by 6 paise at 70.90 versus previous session's close of 70.84. Last, the rupee was seen trading at 70.93. On Tuesday, rupee surged to a one-month high of 70.68 per US dollar on the back ...
Why Stock Market Crashed Today After Fed Rate Cut?
After a dismal stock performance in July 2019 due to huge FPI outflow owing to the new surcharge imposition, the start of August has also not augured well for the Indian equities. This time the global headwinds has been largely responsible ...
Why Stock Market Crashed Today After Fed Rate Cut
Rupee Plunges To 69.17 After Fed Cuts Interest Rate
Rupee opens on a weaker note and dragged to 69.17 at the opening after closing at 68.79 per US dollar in yesterday's trade. The US Federal Reserve has cut rates by a quarter points and that amounts to a "mid-term ...
Rupee Plunges To 69 17 After Fed Cuts Interest Rate
Will Gold Prices Cross Rs. 36,000 Levels In India?
In the current scenario, buoyed by market sentiments world over and the recent custom duty hike announced in the Union Budget on the precious yellow-metal to 12.5% from the previous 10% even when the stakeholders were demanding a cut back in ...
Rupee Trades Tad Lower At 68.57/ US Dollar
The domestic currency in Tuesday's trade opened a tad lower at 68.56 versus the previous day's close of 68.54 per US dollar. Rupee's weakness comes amid sluggishness in global emerging market currencies. Dollar has been trading lower after Jerome Powell ...
Rupee Trades Tad Lower At 68 57 Us Dollar
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