Thu, Nov 02, 2023
Powell said the better course of action for now, given the uncertainties, was to maintain the Fed's benchmark overnight interest rate in the current 5.25 per cent-5.50 per cent range, and see how job and price data evolve between now and the next policy meeting in December.
Wed, Nov 01, 2023
With financial markets expecting the U.S. central bank to keep interest rates on hold at the end of a two-day policy meeting on Wednesday, policymakers now have to judge whether the economy's stronger-than-anticipated performance is a last gasp of the consumer splurge that began during the COVID-19 pandemic, or evidence that monetary policy still isn't strict enough to fully return inflation to the Fed's 2% target.
Sun, Oct 29, 2023
The trading activity of foreign investors and the movement of global oil benchmark Brent crude will also be tracked.
Thu, Apr 28, 2016
The growth rate in the first three months of 2016 continued a downshift that began late last year.
A firming trend in most of Asia, tracking overnight gains in the US after the Federal Reserve kept its benchmark interest rate unchanged, gave buying in domestic markets a leg-up, traders said.
The US Federal Reserve on Wednesday announced that it will maintain the target range for the federal funds rate at 0.25-0.5%, but gave a little clue on the timing of its next rate hike.
Wed, Apr 27, 2016
The 30-share barometer Sensex was down by 122.06 points, or 0.46%, to 25,885.24 in early trade, with sectoral indices led by banking, power, and healthcare trading lower.
Tue, Apr 26, 2016
The benchmark BSE Sensex tanked about 130 points in early trade on continued selling by participants, tracking losses in Asian shares.
Caution ahead of an expiry of April contracts in the derivatives segment on Thursday also influenced sentiment.
MSCI`s broadest index of Asia-Pacific shares outside Japan fell 0.3%, while Japan`s Nikkei slipped 1.1%.
Mon, Apr 25, 2016
Japan`s Nikkei stock index shed about 0.8 percent as the yen pulled off its lows. Investors also locked in gains after the index soared to an 11-1/2 week high following a report the Bank of Japan will mull another easing step at its two-day policy review that ends on Wednesday.
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