Tag: us fed rates

U.S. Fed holds rates steady even as four officials dissent

Posted on By admin
U.S. Fed holds rates steady even as four officials dissent

U.S. Federal Reserve Chair Jerome Powell attends a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C. | Photo Credit: Reuters The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in…

Read More “U.S. Fed holds rates steady even as four officials dissent” »

Business

Indian shares set to open higher after bumper U.S. Fed rate cut

Posted on By admin
Indian shares set to open higher after bumper U.S. Fed rate cut

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” »

Business