Markets closed higher for the second consecutive week, with the Nifty 50 and Sensex almost 1%won. Optimism around a possible GST revision increased sentiment early, and the momentum that was held most of the week for some profit booking in the last session Pared profits. Towards the end of the week, the Nifty was 24,870.10, […]
Speaking in 1987 with a Senate Committee and then the Federal Reserve chairman Alan Greenspan said: “If I seem overly clear, you must have misunderstood what I said.” I wonder if the current FED chairman Jerome Powell is thinking the same. In a wide -awaited speech on the annual retreat of the Central Bank in […]
The Federal Reserve chairman Jerome Powell opened the door so lightly on Friday for reducing an important interest in the coming months, but did not give a hint on the timing of a move and suggested that the central bank will be careful as it continues to evaluate the impact of rates and other policies […]
Nodded to significant changes in the economic landscape in the past five years, Federal Reserve chairman Jerome Powell announced a updated operational framework for the US Central Bank on Friday that reflects the return of higher inflation pressure and reduces the prospect of almost zero short-term interest rate rates. Powell announced the changes in a […]
An index of global stock markets rose on Wednesday to a record high for the second consecutive session, partly substantiated by Bullish Sentiment on Wall Street, while investors positioned for a likely interest rate from the American Federal Reserve. The MSCI All Country World Index rose as high as 954.21 and broke another record a […]
The American Federal Reserve kept the interest rates stable on Wednesday and opposed intense pressure from President Donald Trump, while navigating the growing uncertainty that is set by new tariff threats and unequal economic data. The call from the US Central Bank to keep interest rates at a range between 4.25 percent and 4.50 percent […]