Topics: Federal reserve

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...
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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...
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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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