Federal Open Market Committee (FOMC)

US economy to hit a new low in Apr-Jun, not time for fiscal concerns: Fed Reserve

US economy to hit a new low in Apr-Jun, not time for fiscal concerns: Fed Reserve

Federal Reserve Chair Jerome Powell has warned that the US economy is going to hit a new low in Apr-Jun and it was "not the time to act o...Read More

US Federal Reserve delivers emergency 50 bps rate cut

US Federal Reserve delivers emergency 50 bps rate cut

It is the first unscheduled, emergency rate cut since the global financial crisis of 2008 and comes as novel coronavirus has hit the US t...Read More

Indian Rupee slips 19 paise to 71.47 against US dollar in early trade

Indian Rupee slips 19 paise to 71.47 against US dollar in early trade

The rupee opened weak at 71.39 at the interbank forex market and then fell further to 71.47, down 19 paise over its last close.

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