Federal Reserve

US consumer borrowing fell by USD 7.2 billion in August

The weakness in August came from a $9.4 billion fall in the category that covers credit cards, the sixth decline in that area starting with a $25.4 billion drop in March.

published on : 8th October 2020

Rupee slips 23 paise to 75.82 against US dollar in early trade

Forex traders said risk appetite could remain weak as the US Federal Reserve is projecting weak growth for 2020.

published on : 11th June 2020

Fed's Jerome Powell warns of a possible sustained recession from pandemic

The Fed and Congress have taken far-reaching steps to try to counter what is likely to be a severe downturn resulting from the widespread shutdown of the U.S. economy.

published on : 13th May 2020

US economic recovery from coronavirus could be 'long, hard road'

US policymakers should focus on an 18-month strategy for reopening the economy as the outbreak recedes and flares up again.

published on : 13th April 2020

Yes Bank shares soar even as Sensex, Nifty plunge

Equity benchmark Sensex plummeted over 2,000 points and the Nifty gave up the 9,400.

published on : 16th March 2020

Global stocks on longest slide since November as U.S. Federal caution hits

Many analysts had been expecting that spread to narrow as the ECB neared the end of its stimulus this year but it hasn't proved the case.

published on : 19th March 2018

Gold edges down on caution ahead of key central bank meetings

Gold inched lower on Monday as investors remained cautious ahead of policy meetings of three major central banks and the naming of the next U.S. Federal Reserve chair.

published on : 30th October 2017

Rupee surges 21 paise against dollar after no rate hike by US Federal Reserve

Increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market lifted the domestic currency, dealers said.

published on : 27th July 2017