Federal Reserve Governor Stephen Miran has warned that the US central bank’s current monetary policy stance threatens to slow down an economy further supported by a series of budget initiatives from the Trump administration, including tax cuts, Reuters reported.Speaking at an event hosted by the Federal Reserve Bank of Dallas, Miran argued that policymakers may […]
The rupee closed virtually unchanged on Wednesday, falling from a two-week high as dollar demand from importers depreciated, fueled by a rebound in export flows and a mild bullish bias among interbank traders.The rupee closed the session at 88.5875 against the US dollar, up marginally from the closing rate of 88.6050 in the previous session. […]
NEW YORK, Nov 3 – The S&P 500 and Nasdaq closed higher on Monday, with artificial intelligence-related deals taking much of the gains, while the Federal Reserve’s near-term monetary policy became increasingly foggy due to the scarcity of official U.S. economic data. Technology and tech-related companies helped propel the Nasdaq to its biggest gains, while […]