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Topics: Federal reserve

Business

Share Market Update: Stock Market loses steam, ahead of US Fed’s rate-setting meeting

Stock Market lost steam after eight sessions of gains as select profit-taking in banking, metals and IT stocks ahead of the US Fed's rate-setting...
News

Blaming Startups for Banking with SVB is Wrongheaded: Balaji Kridha, Head of Startup Launchpad at Deshpande Startups

In the wake of the recent collapse of Silicon Valley Bank (SVB), Balaji Kridha, Head of Startup Launchpad at Deshpande Startups, has spoken out...
Bank

“Have faith in financial regulators,” says White House on Silicon Valley Bank

Speaking on the Silicon Valley Bank (SVB) Failure, Cecilia Rouse, who chairs the Council of Economic Adviser on Friday said, "We have every faith...
Briefings

“Fed likely to raise interest rates,” says Jerome Powell

Federal Reserves chairman Jerome Powell told the U.S. lawmakers that, the "Fed will likely need to raise interest rates more than expected."
Cryptocurrency

GOP Sen. discuss regulatory policy on Stablecoins

Senator Daines discussed the Stablecoins policy and it's framework during a Senate Banking Committee hearing.
Cryptocurrency

“DeFi is dangerous,” says Senator Elizabeth Warren

During the Senate Banking Committee hearing on Stablecoins and DeFi, Massachusetts Senator Elizabeth Warren said, "DeFi is the most dangerous part of the crypto...
Finance

“We defer,” Jen Psaki on Federal Reserves ‘Peak Inflation’ projection

The White House (U.S) Spokesperson, Jen Psaki said, "We defer to the Federal Reserve and their assessments that they make, as they make predictions...
Business

M1xchange scores $10 mn from Amazon and others

M1xchange, a Reserve Bank (RBI) approved Trade Receivable Discounting System (TReDS) license holder has raised $10 million in new round funding led by Amazon. The...
Business

Jerome Powell says, “Federal Reserve will continue to infuse more cash in the market”

In a bid to bring the economy on track. Federal Reserve Chairman Jerome Powell has announced that "The Federal Reserve will keep funneling cash...
Business

TReDS platform M1xchange secures $4.5 mn from BEENEXT and Mayfield

Reserve Bank (RBI) approved TReDS platform, M1xchange has raised $4.5 million in equity round funding from Singapore based BENEEXT Asia, and Mayfield. "The company will...
Business

Fed expresses concerns on the reopening of Coronavirus hit economy

Federal Reserve boss Jerome Powell has expressed concerns on the reopening of coronavirus hit economy. For latest news updates, business news and world news, Like...
Business

Market Analysis: Stocks rise, USD weakened after US Congress approves stimulus package

We witnessed an emphatic recovery in global equities in the past couple of days. The US parliament approved a USD 2tn stimulus package which...
Business

Market Analysis: Fed announces unlimited QE, corporate bond purchases

The US Dollar has weakened across the board after the Fed unleashed a slew of unprecedented measures. The Fed said it would buy an...
Business

Market Analysis by Abhishek Goenka: Why is rupee not depreciating till now despite USD strength?

The Rupee has been one of the better-performing currencies amid the extreme panic and turmoil we have witnessed in global markets. On previous occasions...
Business

Market Analysis: “Dow sees worst fall (13%) since Black Monday crash of 1987 (22%)”

The European Union has decided to close all internal borders to permit only essential travel. Philippines, Malaysia have enacted movement controls. The Dow crashed close...
Business

Market Analysis by Abhishek Goenka, “Fed obliges the president; cuts rates to zero”

Just three days before the policy, the US Fed has cut overnight Federal funds rate by 1% to 0-0.25% range. It has also announced USD...
Inside

US Job growth for October shows less than expected: Reports

US job growth slowed less than expected in October as the drag from a strike at General Motors was offset by gains elsewhere, while...
Inside

Federal Reserve chief Jerome Powell says, extending the Govt shutdowns will hit the U.S. economy

The U.S federal reserve system chairman Jerome Powell on Thursday said that "The united state's economy may face a big dent if the government...

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