The Federal Reserve, the central bank of the United States, is driving blindfolded. That’s my single most important takeaway from its policy announcement last week. On the predictable side, the Fed kept policy rates in a range of 4.25-4.5%, and the rate-setting committee pledged to slow the pace at which it’s allowing securities to roll…
Wall Street Today: Stock market for the United States opened lower on Wednesday, February 12, after investors’ hope of a US Federal Reserve rate cut disappeared after the US Bureau of Labor Statistics posted a higher than expected inflation data for January 2025. Also Read | PM Modi departs for US after wrapping up France…
(Reuters) – India’s benchmark indexes are set for a muted start on Wednesday, tracking other Asian peers, after upbeat U.S. data pointed to a strong economy and bolstered the case for fewer rate cuts from the Federal Reserve. The GIFT Nifty futures were trading at 23,775 as of 7:58 a.m. IST, indicating that the benchmark…
