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Federal Open Market Committee
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Federal open market committee, Latest News
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.
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Politics :
US Fed announces faster tapering of asset purchases
Washington, Dec 16 The US Federal Reserve announced a faster tapering of the central bank's asset purchase program ... ...
International :
US economy 'maybe' headed towards recession, says Trump amid COVID-19 crisis
US President Donald Trump on Monday (local time) said that the country's economy "maybe" heading towards recession, even as the worldwide cases of the deadly coronavirus, which originated in China last year, continued to surge. ...
Business :
Sensex snaps back after 2-day fall, metal stocks rebound
Supported by FMCG and metal stocks, Indian markets logged gains on Wednesday after two days of declines. However, investors globally continue to fret over the fast spreading coronavirus which could hurt global growth. ...
Business :
Fed officials unlikely to cut rates: Minutes
US Federal Reserve officials agreed during their two-day meeting in October that future rate cuts are unlikely as long as the economy stays on track, according to the minutes of the Fed's latest monetary policy meeting. ...
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