Silver prices to maintain bullish trend despite pause on Tuesday
Silver prices fell on Tuesday after reaching a multi-month high in the previous session. The decline was prompted by cautious comments from U.S. Federal Reserve officials and profit-taking by investors, reported fxempire.
US Fed keeps key interest rates steady at 5.25 - 5.50% for sixth straight meet
Washington: The US Federal Reserve maintained interest rates at 5.25 percent - 5.50 percent on Wednesday for the sixth consecutive meeting, aligning with market expectations.
US November wholesale inflation remains steady, indicating gradual decrease in prices
Washington: The November wholesale inflation in the United States remained steady, indicating a gradual easing of price increases in the economic pipeline, AP reported.
US Federal Reserve keeps key rates unchanged in a unanimous decision
Washington DC: The Federal Reserve, which is the Central bank of the United States, on Wednesday, opted to keep interest rates steady at their highest level in 22 years for the second consecutive meeting, Bloomberg reported.
Mumbai: After rising to a 95-month (almost 8 years) high to 7.79 percent in Apr’22, CPI inflation moderated to 7.04% in May’22 due to broad-based deceleration. Core CPI also moderated in May to 6.09% as compared to 6.97% in Apr’22, State Bank of India’s Economic Research Department said Monday.
Investors remain cautious ahead of US Fed policy meet; Indian benchmark indices decline
Mumbai, Dec 14 (IBNS): The Indian market closed lower on Wednesday largely due to investors remaining cautious regarding the outcome of the US Federal Reserve's policy meeting, according to media reports.