President Donald Trump has tapped Jerome “Jay” Powell to lead the US central bank, bypassing Janet Yellen for a second term despite
While increasing the key rates to 1-1.25%, US Fed has also signalled another rate hike this year.
Indian markets gave thumbs up to the US Federal Reserve rate hike of 25 basis points. Nifty ended at an all-time high to close at 9,153.70.
The US economy slowed sharply in the final three months of the year as per the official data released today. This is the slowest pace since 2011.
On Thursday Indian markets tanked deep into the red zone amid a global sell-off spree sparked the speculation of another US Fed rate hike this
As expected, the world stock markets immediately reacted to the US Fed’s first policy statement of this year. Wall Street fell after the