Latest Updates Around The World
The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday as policymakers continued to assess the strength of the labor market and the pace at which inflation is declining. The central bank kept the federal funds rate within a range of 3.5% to 3.75%, in line with market expectations, signaling caution amid mixed […]
Market movements throughout the week were largely driven by macroeconomic developments and changing global signals. On the domestic side, the rupee slid to a new low of 90.56 against the US dollar, weighing heavily on risk sentiment. However, some respite came after the US Federal Reserve announced a 25 basis point rate cut, while optimism […]
The Indian market went on a three-day losing streak on Thursday with the Sensex and Nifty staging a broad recovery after the US Federal Reserve implemented a 25 basis point interest rate cut overnight. The recovery came at the same time as the rupee weakened to a new low amid growing concerns over the lack […]
The US Federal Reserve made a widely expected policy decision on Wednesday, marking one of the most closely watched meetings in years and paving the way for how global monetary policy – including in India – may evolve in 2026. The Federal Open Market Committee (FOMC) cut its benchmark interest rate by 25 basis points […]
The Indian market closed lower on Wednesday, with the Sensex and Nifty giving up early gains as traders held on to gains ahead of US Federal Reserve policy outcomes.The S&P BSE Sensex fell 275 points (0.32%) to close at 84,391.27, while the NSE Nifty 50 lost 82 points (0.32%) to close at 25,758. This is […]
Federal Reserve officials are poised to cut rates for a third straight time on Wednesday, but that could be coming to an end.Concerns about persistent inflation have led to deep divisions within the US central bank, likely preventing Fed Chairman Jerome Powell from taking further action early next year. After cutting rates twice this fall, […]
The US Federal Reserve is widely expected to cut borrowing costs this week, but deep divisions within the policy panel suggest further rate cuts will be harder to achieve, analysts say.Policymakers will meet on December 9 and 10 in a complicated economic context, with inflation still above the Fed’s 2% target even as the workforce […]
U.S. gold futures for December rose 0.4% to $4,010 an ounce. Gold held steady on Monday, held in check by a strong dollar, as investors reversed bets on further Federal Reserve rate cuts in the near term, while easing trade tensions between the US and China also limited demand for the precious metal. Spot gold […]
The US Federal Reserve cut interest rates on Wednesday, cutting the Fed Funds rate by 25 basis points to 3.75%-4%. This is the second consecutive rate cut this year, as policymakers look to support growth amid signs of a weakening labor market. The decision was in line with market expectations as traders had fully priced […]
U.S. Treasury yields were slightly lower on Tuesday as the market was in a holding pattern and consolidated moves as investors awaited the Federal Reserve’s interest rate decision expected on Wednesday. U.S. data showing private payrolls rose by an average of 14,250 jobs in the four weeks ended Oct. 11 have put modest pressure on […]
