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Trump to nominate Christopher Waller, Judy Shelton to Fed Board

Washington: US President Donald Trump has said he intends to nominate Christopher Waller and Judy Shelton to the Federal Reserve Board. Trump made the announcement...

Covid-19 cases surge could hinder economic recovery: Fed chief

Washington, Nov 13 : US Federal Reserve Chairman Jerome Powell has warned that a record surge in new Covid-19 cases across the country could...

US Fed keeps interest rates near zero amid election uncertainty

Washington, Nov 6 : The US Federal Reserve on Thursday kept its benchmark interest rate unchanged at the record-low level of near zero amid...

US dollar dips amid Fed minutes

New York: The US dollar ticked down slightly as investors scrutinized the September policy meeting minutes released by the US Federal Reserve. In late New...

US stocks rally amid Fed minutes, trade hopes

New York: US stocks climbed on Wednesday as investors pored through the newly-released Federal Reserve minutes while expecting the upcoming trade talks between the...

US dollar declines after the Fed’s stance on rates

New York: The US dollar weakened against its major rivals on Thursday after the central bank signalled possible rate cuts later this year. In late...

US Fed keeps interest rates near zero amid poll uncertainty (Ld)

Washington, Nov 6 : The US Federal Reserve has kept its benchmark interest rate unchanged at the record-low level of near zero while making...

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