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Indian Shares Set To Open Higher After 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.
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US Fed Cuts Interest Rates A Quarter Point After Trump Victory
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.
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Sensex, Nifty At All-Time High As US Fed Announces Rate Cut
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.
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Fed Rate Cut Opens Up Policy Space Around The World Without Feeding Panic
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.
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Fed Rate Cut Shows Economy "Very Bad Or They're Playing Politics": Trump
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.
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In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
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Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
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Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
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US Fed Holds Interest Rates, Now Sees Just One Cut This Year
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.
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US Holds Interest Rates At 23-Year High, To Make Cuts Later This Year
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.
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Gold Prices Surge To Record High As US Fed Holds Interest Rates
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.
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Dollar Steady, Bitcoin Holds Gains Ahead of Expected Spot ETF Approval
A decline in US consumer inflation expectations kept the dollar rally in check on Tuesday as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year.
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Company Fired 900 In US Over Zoom, Left With 1,000 More Workers in India
When Better.com Chief Executive Officer Vishal Garg fired 900 staffers on Zoom late last year, the cuts essentially moved a larger portion of its workforce offshore.
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A Day After Rout, Wall Street Buoyed On Stimulus Hopes
Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession. Traders now expect the Federal Reserve to cut interest rates for a second time this month, with President Donald Trump piling more...
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Economic Remedies For The Coronavirus Across The Globe
Policymakers have taken a range of approaches to deal with the economic fallout from the coronavirus, from emergency interest rate cuts and big spending packages to a wait-and-see-stance and pledges of action if required. Here is a list of how some of the world's biggest economies and economic blocs have reacted:
-
Indian Shares Set To Open Higher After 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.
-
US Fed Cuts Interest Rates A Quarter Point After Trump Victory
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.
-
Sensex, Nifty At All-Time High As US Fed Announces Rate Cut
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.
-
Fed Rate Cut Opens Up Policy Space Around The World Without Feeding Panic
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.
-
Fed Rate Cut Shows Economy "Very Bad Or They're Playing Politics": Trump
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.
-
In 1st Since 2020, US Federal Reserve Cuts Interest Rate By 50 Basis Point
The US Federal Reserve cut its key lending rate by half a percentage-point Wednesday in its first reduction since the onset of the Covid-19 pandemic, sharply lowering borrowing costs shortly before November's presidential election.
-
Nvidia's Market Value Tumbles by $279 Billion as Wall Street Drops
Nvidia saw the deepest ever single-day decline in market value for a US company. The company lost $279 billion (roughly Rs. 23,42,608 crore) in market capitalisation, a major indication that investors are becoming more cautious about emerging AI technology.
-
Sensex Rallies 600 Points, Nifty Soars Amid US Federal Rate Cut Hopes
Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.
-
US Fed Holds Interest Rates, Now Sees Just One Cut This Year
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.
-
US Holds Interest Rates At 23-Year High, To Make Cuts Later This Year
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 Surge To Record High As US Fed Holds Interest Rates
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.
-
Dollar Steady, Bitcoin Holds Gains Ahead of Expected Spot ETF Approval
A decline in US consumer inflation expectations kept the dollar rally in check on Tuesday as traders reaffirmed their bets for a slew of Federal Reserve rate cuts this year.
-
Company Fired 900 In US Over Zoom, Left With 1,000 More Workers in India
When Better.com Chief Executive Officer Vishal Garg fired 900 staffers on Zoom late last year, the cuts essentially moved a larger portion of its workforce offshore.
-
A Day After Rout, Wall Street Buoyed On Stimulus Hopes
Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession. Traders now expect the Federal Reserve to cut interest rates for a second time this month, with President Donald Trump piling more...
-
Economic Remedies For The Coronavirus Across The Globe
Policymakers have taken a range of approaches to deal with the economic fallout from the coronavirus, from emergency interest rate cuts and big spending packages to a wait-and-see-stance and pledges of action if required. Here is a list of how some of the world's biggest economies and economic blocs have reacted:
