हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
MF Returns Calculator
US Federal Reserve News
US Federal Reserve
US Fed official says 'worst is yet to come' on job front
Mon, May 11, 2020
Data released on May 8 by the Bureau of Labor Statistics (BLS) showed that US employers cut a staggering 20.5 million jobs in April, erasing a decade of job gains since the global financial crisis and pushing the unemployment rate to a record 14.7 per cent.
US Federal Reserve keeps interest rates near 0 amid COVID-19 fallout
Thu, Apr 30, 2020
In order to support the flow of credit to households and businesses, the Fed will continue to purchase Treasury securities and agency mortgage-backed securities "in the amounts needed" to support smooth market functioning, thereby fostering effective transmission of monetary policy to broader financial conditions.
Big banks predict US Fed could take interest rates to zero
Wed, Mar 11, 2020
A brutal global equities sell-off on Monday, sparked by a plunge in oil prices, has raised expectations of further policy easing by some of the world`s most influential central banks to shield economic growth from the coronavirus pandemic.
Coronavirus emergency move! US Federal Reserve cuts interest rates; experts surprised
Tue, Mar 03, 2020
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus. In a statement, the central bank said it was cutting rates by a half percentage point to a target range of 1.00 pct to 1.25 pct
Big thumbs up for Modi government UPI project! Now, even Google wants America to get such successful digital payment system
Sun, Dec 15, 2019
Everyone knows that PM Narendra Modi-led government laid huge emphasis on its ambitious project of Digital India, and Unified Payments Interface (UPI).
US Federal Reserve keeps interest rates unchanged
Thu, Dec 12, 2019
The central bank also adjusted its macroeconomic projections, reducing its economic growth forecast for 2020 from 2.2 to 2 per cent and stating that it expected unemployment to remain at 3.6 percent this year and end next year at 3.5 per cent.
Fed policymakers 'open' to rate cut as risks to outlook rise
Fri, Oct 04, 2019
The Fed has cut rates twice this year as U.S. businesses were hit by rising trade tensions with China, political risk including Britain`s potentially chaotic divorce from the European Union, and weakening economic growth in Germany and elsewhere.
BIG MOVE! US Fed cuts interest rates, signals holding pattern for now
Fri, Sep 20, 2019
The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signalled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from President Donald Trump.
Donald Trump blasts US Fed, wants zero interest rates
Thu, Sep 12, 2019
The president has been attacking Powell, who he named to head the Federal Reserve, and monetary policy makers for months for not cutting interest rates to stimulate the economy, which is still growing and boasts a strong labour market.
FM Nirmala Sitharaman set to list actions of 100-days amid low macro stats
Tue, Sep 10, 2019
On Monday, Industry body SIAM figures revealed that monthly passenger vehicle and car sales recorded their steepest fall ever in August, highlighting the continued slowdown in the sector amid assurances by the government for revival.
US Federal Reserve cuts benchmark interest rate by quarter-percentage point
Thu, Aug 01, 2019
Fed Chairman Jerome Powell had strongly hinted earlier this month that the benchmark rate would be lowered at the July meeting of the Federal Open Market Committee due to persistent trade tensions, global weakness and a notable slowdown in business investment.
Gold price prediction 2020: This is what can happen to yellow metal in one year
Sun, Jul 21, 2019
Gold price prediction 2020: In India, gold prices have already clocked new high of Rs 36,000 in 10 gram (24 karat) in many cities.
As gold prices glitter at all-time highs, is a setback on the cards? Here is what lies in store
Wed, Jun 26, 2019
If gold prices continue to shine, possibility is high demand could slow down especially in festive season.
US Fed leaves interest rates unchanged amid trade row with China
Thu, Jun 20, 2019
The central bank noted that the US labour market "remains strong" and economic activity "is rising at a moderate rate" since May, while indicators of business fixed investment "have been soft" and uncertainties about the economic outlook "have increased."
A currency war on the way? Donald Trump, Mario Draghi, US dollar in focus - Indian rupee to benefit if US Fed cuts rates further
Wed, Jun 19, 2019
The Indian rupee has been appreciating against the US dollar at interbank forex market over the past few days.
US Fed keeps rates unchanged, says sees no strong case for hiking or cutting rates
Thu, May 02, 2019
The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them any time soon, taking heart in continued job gains and economic growth and the likelihood that weak inflation will edge higher.
US Federal Reserve done raising interest rates; significant chance of cut in 2020: Reuters poll
Fri, Mar 29, 2019
The change in the Fed`s tone lines up with other major central banks which have recently turned dovish, influenced by increasing concerns of a global economic slowdown and political uncertainties like Brexit and the U.S.-China trade war.
US stocks mixed after Fed chair's testimony
Thu, Feb 28, 2019
Shares of UnitedHealth Group dropped nearly 5 percent around market close, as the overall healthcare sector was weighed down after a U.S. congressional hearing on medicines' prices in Washington.
US Fed permanently bars former JPMorgan banker over China hiring scandal
Fri, Feb 22, 2019
In 2016 the bank agreed to pay a total of $264 million to the U.S. Securities and Exchange Commission, the Justice Department and the Fed, to resolve the allegations its hiring program had violated the U.S. Foreign Corrupt Practices Act.
Budget 2019: What will stir Indian Rupee on the D-Day? Forex investors eye this major reform
Wed, Jan 30, 2019
Currently, Indian Rupee has been trading between 71 - 72 level against US dollar benchmark index at interbank forex market.