Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, started Wednesday’s trading session with modest gains driven by ITC stock, positive global cues, and steady inflation data. ITC recorded its largest one-day gain since September 2021, up more than 6% amid reports of a block deal in the firm, with British …
A second straight month of stronger-than-expected inflation has effectively shut the door on the possibility of a Federal Reserve interest-rate cut before June, and makes back-to-back reductions after that look increasingly less likely. Gasoline and shelter prices drove the February consumer price index up 3.2% versus a year earlier, an acceleration from January’s 3.1% increase. …
US Fed Meet Highlights: 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 the fourth straight meeting, in line with Street estimates. The US central bank ended its first policy-setting …
Thu, 01 Feb 2024 01:18 AM US Fed meeting 2024 live: Read the full statement here “Recent indicators suggest that economic activity has been expanding at a solid pace,” the today’s statement reads. “Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low,” it continues, before adding …
31 Jan 2024, 11:16 PM IST d 31 Jan 2024, 10:45 PM IST US Fed Meet Live: Energy shares drag FTSE 100 lower; Fed decision in focus The UK’s blue-chip index fell on Wednesday, hurt by losses in energy shares and Vodafone, while investors awaited comments from Federal Reserve Chair Jerome Powell after the U.S. …
Indian stock market: Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Friday tracking mixed global market cues, while investors will take cues from the domestic corporate earnings for the December 2023 quarter. Asian markets traded mixed, while the US stock indices ended lower overnight as mixed …
14 Dec 2023, 02:38 AM IST US FOMC Meeting Live: This live blog session has ended Stay connected to Live Mint for all business and market updates. 14 Dec 2023, 02:30 AM IST US Fed meet Live: Dollar drops most in a month as Fed weighs 2024 rate cuts The dollar sank more than 1 …
The Indian stock market indices are expected to open on a tepid note Thursday following mixed cues from global peers. Asian markets traded mostly lower and US stocks gained overnight while treasury yields rose on expectations that US inflation will remain high. The domestic benchmark indices ended Wednesday’s volatile session marginally higher amid mixed global …