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US Federal

US Federal Reserve cuts benchmark rate

Washington, Policenama online - The US Federal Reserve on Wednesday cut its benchmark interest rate by a quarter-percentage point to a target range of between 2-2.25 per cent. The widely expected move marks the first reduction in the…

US stocks trade higher amid rate cut expectations

New York, Policenama online - US stocks traded higher on Wednesday, as the market was buoyed by Apple's strong quarterly earnings, and investors anticipated the US Federal Reserve to deliver its latest monetary policy, which could possibly…

Sensex up 139 pts, Nifty above 11,540

Mumbai, Policenama Online -  The Sensex and Nifty opened higher on Thursday after US Federal Reserve Chairman Jerome Powell hinted at a rate cut.Earlier, owing to strong job data from the US had faded hope of an aggressive rate cut.…