Fed Rate Cut

Indian stocks are poised to open higher on Friday, following the US Federal Reserve's widely anticipated decision to cut interest rates by 25 basis points.

The US Federal Reserve shrugged off concerns about the impact of Donald Trump's election victory on interest rates and moved ahead with a quarter point cut Thursday.

The dollar slipped in Asia on Monday as investors braced for a potentially pivotal week for the global economy as the US chooses a new leader and, probably, cuts interest rates again with major implications for bond yields.

Benchmark equity indices Sensex and Nifty surged to their fresh record high levels in early trade on Thursday after the US Federal Reserve cut its benchmark interest rate after more than four years.

The Federal Reserve's bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning the globe.

Republican presidential candidate Donald Trump suggested the Federal Reserve was playing politics on Wednesday, after the US central bank announced a long-awaited interest rate cut of half a percentage point.

The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year.

Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.

Gold fell more than 2% after hitting an all-time high on Monday as the dollar rebounded, but expectations of a cut in U.S. interest rates in 2024 stemmed zero-yield bullion's retreat.

Earlier, in the morning, the currency had opened at74.14 and had advanced to an intra-day high of73.86, tracking initial gains in the equity markets.The local currency on Monday plunged 50 paise to 74.25 against the greenback as concern over the economic fallout from the coronavirus pandemic outweighed the US Feds emergency interest rate cut and th...

On Tuesday, the S&P BSE Sensex index had risen 479.68 points - or 1.26 per cent - to end at 38,623.70 and the broader NSE Nifty benchmark settled at 11,303.30, up 170.55 points - or 1.53 per cent - from the previous close, snapping a seven-day losing streak.

US stocks indexes surged on Tuesday after the Federal Reserve cut interest rates by a half percentage point in an emergency move.

The US Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.

Gold rose more than 1 per cent amid investor hopes the USFederal Reserve will cut interest rates to cushion the impact of the fast-spreading coronavirus. Fed fund futures showed that traders expect a 75 basis point rate cut by the UScentral bank at its March monetary policy meeting.

Indian stocks are poised to open higher on Friday, following the US Federal Reserve's widely anticipated decision to cut interest rates by 25 basis points.

The US Federal Reserve shrugged off concerns about the impact of Donald Trump's election victory on interest rates and moved ahead with a quarter point cut Thursday.

The dollar slipped in Asia on Monday as investors braced for a potentially pivotal week for the global economy as the US chooses a new leader and, probably, cuts interest rates again with major implications for bond yields.

Benchmark equity indices Sensex and Nifty surged to their fresh record high levels in early trade on Thursday after the US Federal Reserve cut its benchmark interest rate after more than four years.

The Federal Reserve's bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning the globe.

Republican presidential candidate Donald Trump suggested the Federal Reserve was playing politics on Wednesday, after the US central bank announced a long-awaited interest rate cut of half a percentage point.

The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year.

Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.

Gold fell more than 2% after hitting an all-time high on Monday as the dollar rebounded, but expectations of a cut in U.S. interest rates in 2024 stemmed zero-yield bullion's retreat.

Earlier, in the morning, the currency had opened at74.14 and had advanced to an intra-day high of73.86, tracking initial gains in the equity markets.The local currency on Monday plunged 50 paise to 74.25 against the greenback as concern over the economic fallout from the coronavirus pandemic outweighed the US Feds emergency interest rate cut and th...

On Tuesday, the S&P BSE Sensex index had risen 479.68 points - or 1.26 per cent - to end at 38,623.70 and the broader NSE Nifty benchmark settled at 11,303.30, up 170.55 points - or 1.53 per cent - from the previous close, snapping a seven-day losing streak.

US stocks indexes surged on Tuesday after the Federal Reserve cut interest rates by a half percentage point in an emergency move.

The US Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.

Gold rose more than 1 per cent amid investor hopes the USFederal Reserve will cut interest rates to cushion the impact of the fast-spreading coronavirus. Fed fund futures showed that traders expect a 75 basis point rate cut by the UScentral bank at its March monetary policy meeting.