The US Federal Reserve on Thursday morning (IST) decided to keep its benchmark interest rates unchanged at 4.25-4.50 per cent, maintaining its cautious stance amid evolving economic conditions.
The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5 percent, amid ongoing trade policy shifts and growing pressure from President Donald Trump, The Hill reported.
The Indian stock markets ended on a flat note on Wednesday, reflecting the uncertainties arising from the tensions in the Middle East and the US Federal Reserve's policy meeting later tonight.
As the US Federal Reserve gears up for its latest policy announcements, economists and market experts believe that the central bank is likely to keep interest rates unchanged, while keeping the door open for future rate cuts later this year.
Gold is in a long-term bull market, with price targets of USD 4,000-5,000 in the medium term and potential highs of USD 8,900 by 2030, according to "Gold We Trust Report 2025" by Liechtenstein-based investment and asset management firm Incrementum.
Gold are prices likely to rise back again, helped by the plethora of factors defying softening safe-haven assets demand and expectations of fewer rate cuts this year by the US federal reserve bank, reported by Gulf news on Wednesday.
The US Federal Reserve has decided to keep interest rates unchanged at 4.25 per cent to 4.50 per cent, as the risks of both higher unemployment and rising inflation have increased.
Indian stock markets opened on a cautious note on Tuesday, with benchmark indices trading flat as investors awaited key global cues, particularly the U.S. Federal Reserve's two-day policy meeting set to begin later today.
Reciprocal tariffs imposed by the US significantly raise risks for a recession in the US and constrain the US Federal Reserve's ability to lower interest rates further, Fitch Ratings said in a note.
US tariff uncertainties are likely to push gold prices to Rs 87,000- Rs 90,000 in the first half of the calendar year 2025 (January- June), according to a report by ICICI Bank Global Markets.
The US Federal Reserve is likely to ease monetary policy rates by June, Jefferies said in its latest 'Greed and Fear' report, with a rider that though the rate cut could be earlier if the data and market action are bad enough.
President Donald Trump's reciprocal tariffs have started a global trade war and it will reduce not only the growth of the United States (US) and the world but also push up inflation and delay Federal Reserve rate cuts in US according to a report by Fitch Ratings.