Latest Updates Around The World
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 […]
Indian shares opened flat on Monday, with the Sensex and Nifty showing little direction as investors entered a week of IPOs. Now that last week’s Reserve Bank of India policy decision has been digested, traders are keeping a lid on risk ahead of the US Federal Reserve’s rate hike later this week, where a cut […]
