Fed keeps rates unchanged in a relief to stock markets

Fed keeps rates unchanged in a relief to stock markets

[ad_1] Stock markets heaved a sigh of relief after the US Federal Reserve indicated a continuation of its easy money policy and monthly bond purchases. The Fed’s monetary policy panel decided to keep interest rates in a range between zero and 0.25% at its latest meeting. Even though daily new coronavirus cases have roughly quadrupled […]

Fed talk on rates, inflation may keep FIIs muted in India

Fed talk on rates, inflation may keep FIIs muted in India

[ad_1] MUMBAI : Foreign institutional investors (FIIs) have pumped $7.45 billion into Indian shares so far in 2021, sparking off an equity market rally, but the US Federal Open Market Committee (FOMC) review meeting on monetary policy, starting Tuesday, may alter the course. The US central bank is expected to keep key interest rates intact, […]