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Image used for representative purpose only. | Photo Credit: ANI Indian shares are set to open marginally higher on Thursday (September 19, 2024) as the U.S. Federal Reserve started its monetary easing cycle with a large 50-basis-point rate cut. The GIFT Nifty was at 25,453.5 points as of 08:08 a.m. IST, indicating the NSE Nifty…
Read More “Indian shares set to open higher after bumper U.S. Fed rate cut” »
People look toward the New York Stock Exchange (NYSE) before the Federal Reserve announcement in New York City, U.S., on September 18, 2024. | Photo Credit: Reuters The U.S. Federal Reserve cut its key lending rate by half a percentage-point Wednesday (September 18, 2024) in its first reduction since the pandemic, sharply lowering borrowing costs…
Read More “U.S. Federal Reserve makes half-point cut in first rate reduction since 2020” »
