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Federal Reserve
Business  /  Published 11.06.20

Market optimism on opening up vanishes

A gloomy economic outlook from the US Federal Reserve on Thursday hit global markets with domestic indices feeling the pinch as well.The Sensex crashed almost 709 points with hardly any good news back...
By Our Special Correspondent in Mumbai

Business  /  Published 10.06.20

US Federal Reserve keeps interest rate intact

The Federal Reserve left interest rates unchanged and near zero on Wednesday as the US central bank projected a gradual economic recovery from the pandemic-induced recession.In their first economic pr...
By NYTNS and Reuters in Washington

Business  /  Published 09.04.20

Fed offers $2.3 trillion support

The US Federal Reserve on Thursday rolled out a broad, $2.3 trillion effort to bolster local governments and small and mid-sized businesses in its latest move to keep the US economy intact as the coun...
By Reuters in Washington

Business  /  Published 24.03.20

Weak government measures nix market rally

Benchmark indices pared their gains as union finance minister Nirmala Sitharaman did not come up with the much awaited economic package to deal with the effects of the coronavirus.The 30-share BSE Sen...
By Our Special Correspondent in Mumbai

Business  /  Published 24.03.20

Sensex starts over 1,400 points higher

Equity benchmark Sensex recovered over 1,400 points in opening session on Tuesday tracking gains in Asian peers after US Federal Reserve announced limitless bond-buying programme to support the US eco...
By PTI in Mumbai

Business  /  Published 16.03.20

Stocks, rupee slide again

Investor wealth was eroded by Rs 7.62 lakh crore on Monday as stocks again went into a tailspin over concerns of the rapid spread of the novel coronavirus. The benchmark Sensex saw its second worst pl...
By Our Special Correspondent in Mumbai

Business  /  Published 16.03.20

Co-ordinated global action to combat coronavirus

The US Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars in a bid to combat the coronavirus pandemic that has roiled markets ...
By Reuters in Sydney

World  /  Published 16.03.20

Measures to slow virus intensify

Bars, restaurants, theatres and cinemas were shutting down in New York, Los Angeles and other global cities to combat the coronavirus pandemic as countries tightened borders and central banks acted ag...
By Reuters in London

World  /  Published 16.03.20

Coronavirus: US Federal Reserve cuts key interest rate

In a drastic measure to stem any major disruption to the US economy as a result of the coronavirus outbreak, the Federal Reserve has cut its benchmark interest rate to almost zero and said it would bu...
By PTI in Washington

Business  /  Published 04.03.20

Pressure on RBI to cut policy rates

The RBI is under pressure to prioritise growth over inflation and cut its policy rates to limit any damage on the economy because of the coronavirus — just as the US Federal Reserve did on Tuesday.O...
By Our Special Correspondent in Mumbai


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