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 […]
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 […]
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 […]
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 Indian market ended lower on Thursday, with Sensex and Nifty falling after the US Federal Reserve’s latest interest rate decision and chairman Jerome Powell’s cautious comments spooked global investors. The S&P BSE Sensex fell 592.67 points, or 0.70%, to close at 84,404.46, while the NSE Nifty 50 fell 176.05 points, or 0.68%, to end […]
Wall Street stocks retreated from their record highs early Thursday after Federal Reserve Chairman Jerome Powell failed to provide new policy signals, leaving investors to rely on older data to shape sentiment and markets digesting solid gains from Delta and PepsiCo amid a lack of economic data due to the government shutdown. US stocks have […]
