As expected by nearly everyone except the futures market, the Fed did not cut rates last week and predicted only one in the future and not until next year. This contrasts with the futures market...
In April, total assets on the Fed’s balance sheet fell by $46 billion, as of the balance sheet for the week ended May 1, released Thursday afternoon. This drop reduced the assets to $3,890 billion,...
The US central bank has raised interest rates once again — not to annoy the American president, but to prepare for an uncertain and bumpy economic future. After the US Federal Reserve raised its key...
The Census Bureau announced today that total business sales in January did what they’d been doing relentlessly for the past one-and-a-half years: they fell! This time by 1.1% from a year ago, to $1.296 trillion,...
In the backdrop of Global weaknesses, Banking majors added fuel for selling spree. Indian Equity markets butchered by weak global cues from overnight (US: DJIA lost 80.41 points or 0.52 percent and closed at 15,307.20)....