US Fed Chairman Jerome Powell (file photo by AP) The Federal Open Market Committee (FOMC) of the US Federal Reserve, led by Fed Chairman Jerome Powell, cut the key interest rate by 25 basis points on Wednesday. The rate is now between 3.5 percent and 3.75 percent, the lowest level in almost three years. “In […]
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Golden Prize has risen on Monday in the evening trade with almost RS 1,600 per 10 grams or 1.6%, much sharper than the international prizes, after the announcement of US President Donald Trump that he will substantially increase the rates about India due to the purchases of Russian oil. The Golden Futures of October reached […]