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.
A US federal appeals court on Thursday (local time) has paused Court of International Trade rulling which paused US President Donald Trump's large-scale imposition of sweeping tariffs, as reported by CNN.
The White House on Thursday (local time) expressed its stern disagreement with the US federal court for blocking the Trump administration's move to impose sweeping tariffs on other countries.
A US federal court on Wednesday (local time) ruled against US President Donald Trump's large-scale imposition of sweeping tariffs, deeming that this move exceeds his legal authority and that it would affect a wide range of imported goods, as reported by CNN.
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.
The Indian rupee is expected to remain stable in the range of Rs 85-87 against the US dollar through 2025, according to a recent report released by the State Bank of India (SBI).