Tag Archives: US Federal Reserve

US President Donald Trump called Federal Reserve Chair Jerome Powell “terrible” and said he had narrowed down his choice for the next Fed chair to “three or four people,” stoking fresh speculation about an early leadership change at the central bank.“I know within three or four people who I’m going to pick,” Trump told reporters, when asked if he was …

Market observers anticipate that Thursday’s trading will be influenced by international factors. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Thursday following global cues. While Nifty50 was near 24,800, BSE Sensex was below 81,450. At 9:17 AM, Nifty50 was trading at 24,803.25, down 9 points or 0.035%. BSE Sensex was …

US Federal Reserve Chair Jerome Powell (AP Photo) The US Federal Reserve, led by chair Jerome Powell, kept benchmark rate unchanged in 4.25-4.5% target range at the FOMCmeet on Wednesday. “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty about the economic outlook has increased further.The Committee is attentive …

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was near 24,450, BSE Sensex was above 80,700. At 9:18 AM, Nifty50 was trading at 24,455.90, down 5 points or 0.021%.BSE Sensex was at 80,788.22, down 9 points or 0.011%.Markets ended positively on Monday influenced …

Gold rate today: Gold prices in the national capital jumped by Rs 550 on Monday, reaching Rs 97,350 per 10 grams, in line with a strong upward trend in international markets. The price of 99.9 per cent pure gold had previously settled at Rs 96,800 per 10 grams on Friday, according to the All India Sarafa Association, quoted by news …

The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on President Donald Trump’s economic policies‘ effect on the economy, Fed chair Jerome Powell said on Wednesday.“For the time being, we are well positioned to wait for greater clarity,” Powell said in prepared remarks to be delivered at the Economic …

The US Federal Reserve faces a more complex scenario in its current decision-making process. (File AP Photo) The US Federal Reserve kept the benchmark rate unchanged in the 4.25-4.5% range in its meeting today. “In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. In considering the …

Gold prices surged by Rs 500, reaching a record high of Rs 91,250 per 10 grams in the national capital on Tuesday. This increase was driven by continued buying from stockists and retailers, coupled with strong trends in international markets, according to the All India Sarafa Association. On Monday, gold with 99.9% purity had already climbed by Rs 1,300, setting …