6 min read Last Updated : Aug 23 2024 | 11:20 PM IST By Amara Omeokwe and Jonnelle Marte Chair Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs next month and making clear his intention …
Japan’s benchmark Nikkei 225 stock index plunged 6.7% early Monday before recovering some lost ground, extending sell-offs that began last week. The Nikkei had shed more than 2,400 points to 33,488.08 about a half-hour after opening. By about an hour after trading began, the index was down 5.3%, or about 1,900 points, at 34,010.69. Stocks …
The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first week of August, investors will …
US President Joe Biden and Republican presidential candidate Donald Trump on Thursday launched a personal attack on each other over their conduct, US economy, climate change and various issues in their first debate ahead of the November election. While former US President Donald Trump went loudly on the offensive, Joe Biden repeatedly stumbled on his …
On June 25, SpaceX achieved a successful launch of the fourth and final satellite for the National Oceanic and Atmospheric Administration (NOAA) program. According to NASA’s statement, the GOES-R (Geostationary Operational Environmental Satellite) constellation represents a state-of-the-art system designed to deliver continuous monitoring of weather and potentially dangerous environmental conditions across large parts of the …
Space Weather Satellite Launch: SpaceX successfully launched the fourth and final satellite for NASA’s National Oceanic and Atmospheric Administration (NOAA) programme on June 25. The series of advanced satellites called GOES-R (Geostationary Operational Environmental Satellite) are expected to aid with “continuous coverage of weather and hazardous environmental conditions across much of the Western Hemisphere”, NASA …
13 Jun 2024, 01:55 AM IST US Fed Meeting Outcome LIVE: FOMC to meet next in July 2024 US Fed Chair Powell-led FOMC will now meet on July 30-31 to deliberate for the next set of policy decisions. 13 Jun 2024, 01:49 AM IST US Fed Meeting Outcome LIVE: Key highlights of Powell-led FOMC decision …
US Fed Meeting Outcome LIVE Updates: The US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting, leaving the benchmark interest rates unchanged at 5.25 per cent – 5.50 per cent for for the sixth straight meeting, in line with Wall Street estimates. The rate-setting panel ended …
WASHINGTON :The US Federal Reserve looks on track to cut interest rates as the presidential campaign season heats up, potentially delivering President Joe Biden a boost as polls show Americans dislike his handling of the economy. The Fed could play an outsized – and potentially uncomfortable – election-year role by helping shape attitudes about stubbornly …
Federal Reserve Chair Jerome Powell is expected to double down on his message that there’s no rush to cut interest rates, especially after fresh inflation data showed that price pressures persist. Powell is headed to Capitol Hill, where he’ll deliver his semiannual monetary policy testimony to a House committee on Wednesday and a Senate panel …