The Fed's aggressive approach has put Korea under duress.

The Korean won has dropped against the dollar after Powell's comments signaled the likelihood of future rate hikes. Signals of future rate hikes from the US Federal Reserve have weighed on the Korean economy, raising concerns about a widening gap between the key rates of the two nations, whic...

Asian Equities Dropped after Fed’s remarks on interest Rates.

According to the US Federal Reserve authorities they stated that to restrain interest inflation high interest rates will remain for a certain period and on Monday Asian shares dropped.

According to the report it states that Asia’s Decline is correlated with Wall Street Decline, By...

The US House of Representatives has passed legislation to prohibit fuel price gouging.

As the party tries to quell public outrage over high pump prices, Democrats in the US House of Representatives have advanced a bill making it illegal for firms to charge "unconscionably excessive" fuel prices.

The bill passed today with a vote of 217-207, giving Democrats a ch...

U.S. FEDERAL RESERVE KEEP INTEREST RATES NEAR ZERO

Highlights

• “Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year” said the Federal Open Market Committee (FOMC)

• No changes were made to the monthly purchases by the Fed officials an...

U.S. IMPOSES SANCTIONS ON RUSSIAN INSTITUTE ASSOCIATED WITH DEVELOPMENT OF A MALWARE

Highlights

• Central Scientific Research Institute of Chemistry and Mechanics (TsNIIKhM) has been alleged of building customized tools that enabled the attack on an unidentified petrochemical facility in the Middle East back in 2017

• Brubaker said the acute nature o...

‘U.S. ECONOMY & FED POLICY IN A GOOD POSITION' SAYS SAN FRANCISCO FED PRESIDENT MARY DALY

Highlights

• The decision taken by the U.S. Federal Reserve to keep interest rates at zero until 2021 is appropriate for now said San Francisco Fed President Mary Daly

• The situation seems unfair and another example of Wall Street winning and Main Street losing said...

DOLLAR SLUMP AFTER THE FEDERAL RESERVE RATE CUT

Highlights:

• The US Federal Reserve cut has cut the interest rate to a target range of 0% to 0.25%.
• The US Federal Reserve will expand its balance sheet by $700 billion in the weeks to come.
• The pressure is on the central banks to take effec...

RUPEE SLUMPS BY 17 PAISE

Highlights:

• The rupee slumps by 17 paise and settled at 74.08 against the greenback.
• The US Federal Reserve stated that it will elaborate its balance sheet by at least $700 billion in the weeks to come.
• The Federal Reserve has cut the inter...

FED CUTS RATES TO ALMOST ZERO; SENSEX DOWN BY4.97%, NIFTY BY 4.51%

Highlights: 

• FED cuts to 0% don’t help global scenario Indian Sensex opens on a low
• Adani ports, ICICI, Axis Bank, HDFC, UPL, and IndusInd bank losers in NIFTY 

 The Impact of coronavirus on the ...

CORONAVIRUS: A DREAD THAT CRASHED THE STOCK MARKET

Highlights:

• $5 trillion clean swipe in the global stock market crash
• $1 trillion was from 5 top S&P 500 Index band

Coronavirus: A dread for life as it is for its effects on the stock market. La...