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Tags : "Fed"

After marriage, Sana Khan enjoyed car rides with husband, mother-in-law

Sana Khan, who left the leisure business citing spiritual causes, married Mufti Anas on November 20. Since then, he’s in fixed information about their marriage. Now Sana Khan’s mother-in-law has made biryani and fed them.Sana Khan’s mother-in-law created biryaniSana Khan shared an image of Biryani cook dinner on the story of her Instagram account. With […]Read More

Rupee rise 6 paise to 73.52 against US dollar in

The rupee traded nearly 6 paise higher at 73.52 against the US dollar in early trade on Wednesday tracking gains in the domestic equity market. The local currency, however, opened flat at 73.58 against the greenback. The domestic unit on Tuesday depreciated 20 paise due to forex outflows and a stronger greenback in the global […]Read More

Without more support from Congress, Fed chair says U.S. economy

At some moments practically cheery and at others his familiar dour self, U.S. Federal Reserve Chair Jerome Powell on Wednesday seemed delighted by the economy’s speedy recovery so far but pessimistic that the pace can continue. For Canadians weighed down with mortgage debt or for those looking to buy a home, the best news was that […]Read More

Fed signals rates will stay near zero for at least

By Catarina Saraiva The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to help the US economy recover from the coronavirus pandemic. The Federal Open Market Committee “expects to maintain an accommodative stance of monetary policy” until it achieves inflation averaging 2% over time and […]Read More

Fed to weigh near zero rates through 2023: Decision day

By Steve Matthews and Emily Barrett Federal Reserve officials, who recently unveiled a more relaxed strategy on inflation, have an opportunity Wednesday to back up the plan with details as they look to accelerate the US economic recovery. The Federal Open Market Committee is all but certain to keep its benchmark overnight rate in a […]Read More

Gold prices today flat ahead of US Fed policy meet

NEW DELHI: Gold and silver prices hovered around the flatline in Wednesday’s trade ahead of the US Federal Reserve’s policy outcome while continuous jump in Covid-19 cases helped the demand in bullion counters. Later in the day the Fed will conclude its first meeting since adopting a more accommodative approach to inflation and pledging to […]Read More

What is Fed’s new policy framework, and why does it

Here are five things to know about the Federal Reserve’s new strategy for achieving stable prices and maximum employment. The landmark policy shift was announced on Thursday. What’s the new strategy?The new strategy puts more weight on bolstering the labor market and less on worries about inflation that is too high. Calling full employment “a […]Read More

D-Street cheers Fed goal shift on inflation; low rates to

Mumbai: Asset managers were relieved after US Federal Reserve Chairman Jerome Powell announced a radical policy shift in the inflation goal, saying the US central bank was willing to allow inflation to rise, to support the labour market and the economy. The ‘average inflation target’ marks a shift from the Fed’s strategy to achieve 2 […]Read More

Fed to cut one-week dollar swap operations with major central

FRANKFURT: The US Federal Reserve will cut the number of seven-day swap operations with major central banks to one tender per week from three from Sept. 1 as funding conditions have improved, the European Central Bank said in a statement on Thursday. The Fed will, however, maintain its schedule for 84-day tenders with the Bank […]Read More

US Fed minutes note consumer spending rebound, business uncertainty

By Christopher Condon and Matthew Boesler US central bankers noted the rebound in consumer spending at their last meeting but repeated their view that the path of the recovery would depend on containment of the virus. “Members agreed that the ongoing public health crisis would weigh heavily on economic activity, employment, and inflation in the […]Read More