The US Federal Reserve is keeping interest rates steady amid persistent inflation and a resilient labor market

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 […]

Ahead of Market: 10 Things That Will Determine Stock Market Action on Monday

Indian equity benchmarks posted modest weekly losses, pressured by continued outflows of foreign institutional investors and continued uncertainty over US-India trade talks. However, sentiment improved towards the end, with markets ending the week on firmer footing after the US Federal Reserve implemented a 25 basis point interest rate cut. The Nifty rose 0.57 percent on […]

The US Fed cuts interest rates by 25 basis points as the government shutdown casts a shadow on the economic outlook

The US Federal Reserve cut interest rates on Wednesday, cutting the Fed Funds rate by 25 basis points to 3.75%-4%. This is the second consecutive rate cut this year, as policymakers look to support growth amid signs of a weakening labor market. The decision was in line with market expectations as traders had fully priced […]