Federal Reserve rate decision

Foreign money Market At the moment: Rupee trades close to all-time low as markets await US CPI and Fed charge determination

by

The rupee is at the moment buying and selling at 83.56 per greenback, near its all-time closing low of 83.57, which it hit on Tuesday. The foreign exchange market is awaiting immediately’s US Could CPI print and the Fed charge determination. IFA World, in a report, mentioned US headline and core CPI prints are anticipated … Read more

Powell tempers expectations: Fed retains charges regular, guidelines out March minimize

by

The Federal Reserve held rates of interest regular for a fourth straight assembly and signalled an openness to slicing them, although Fed Chair Jerome Powell threw chilly water on buyers’ hopes that reductions would start in March.  The central financial institution’s policy-making Federal Open Market Committee confirmed it’s in no rush to scale back charges, … Read more