Search For "fom"
Donald Trump names Kevin Warsh as next chair of US Federal Reserve
Updated : 3 months, 4 weeks ago IST
In a post on his Truth Social platform, Trump said, "I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM." "I have known Kevin for a long period of time, and have no doubt that he will go down as one of the G
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US Fed keeps interest rates unchanged at 3.5-3.75% amid low job gains and
Updated : 4 months ago IST
The US Federal Reserve, in its latest policy meeting held on January 27-28, decided to keep its key benchmark interest rates unchanged at 3.5 to 3.75 per cent, citing low job gains, signs of stabilisation in the labour market, and inflation that remains somewhat elevated.
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US Fed cuts rates by 25 bps as unemployment edges up and outlook remains u
Updated : 5 months, 2 weeks ago IST
The US Federal Reserve reduced the federal funds rate by 25 basis points (0.25 percentage point), citing rising downside risks to employment and a moderate pace of economic expansion.
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US Fed meet: Powell-led FOMC trims key rate by 25 bps, taking it to lowest
Updated : 5 months, 2 weeks ago IST
The US Federal Reserve cut its key interest rate to 3.5-3.75 per cent, its lowest level in over three years, CBS News reported. Officials signalled only one rate cut next year amid slowing job growth and persistent inflation, while divisions emerged within the committee over the latest de
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GREED & fear: Jefferies sees room to accumulate gold if prices correct
Updated : 6 months, 3 weeks ago IST
Christopher Wood, Jefferies' Global Head of Equity Strategy, has indicated that accumulating gold would be a good idea if the prices tend to taper a bit, with the rationale that the bullion's 200-day moving average is currently about 23 per cent below the peak.
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FOMO drives gold rush in India as prices cross Rs 1 lakh: Sachin Jain of W
Updated : 6 months, 3 weeks ago IST
When gold prices in India breached the Rs 1 lakh per 10 grams mark earlier this year, it triggered a rush of buying, in what is widely referred to in the digital age as FOMO (fear of missing out).
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Prospects of December US Fed Rate cut diminish as key economic data face d
Updated : 7 months ago IST
The U.S. Federal Reserve's decision to cut the policy rate by 25 basis points in its latest Federal Open Market Committee (FOMC) meeting has slightly reduced the odds of another rate cut in December, according to a report by ICICI Bank.
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FOMO vs. Fundamentals: Guiding Gen Z Away from Risky Financial Decisions
Updated : 7 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], October 6: It has never been easier to spend or invest money. Today, anyone can buy sneakers, transfer money, or trade stocks with a single tap. For Gen Z, who have grown up in this instant-access world, the pull is even stronger. Social media platforms amplify
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India, Russia reaffirm defence ties and privileged strategic partnership
Updated : 9 months, 3 weeks ago IST
Russian Deputy Defence Minister Aleksandr Fomin met Indian Ambassador Vinay Kumar in Moscow to discuss defence cooperation. According to the Russian Defence Ministry, both sides reaffirmed their commitment to strengthening their privileged strategic partnership in a warm, friendly atmosphere
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US Fed rate cut chances increase, 25 bps cut likely in September: ICICI Ba
Updated : 9 months, 3 weeks ago IST
The likelihood of a 25 basis points rate cut by the US Federal Reserve in September has increased, but the final decision will depend on upcoming economic data, according to a recent report by ICICI Bank.
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Fed holds rates steady at 4.25-4.50%, Dot plot signals two rate cuts in CY
Updated : 11 months, 2 weeks ago IST
In line with market expectations, the US Federal Reserve has decided to keep the federal funds rate unchanged at 4.25-4.50 per cent.
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US Fed keeps rates unchanged at 4.25-4.50%; Powell says tariff expectation
Updated : 11 months, 2 weeks ago IST
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.
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