Fed Cup is the premier international team competition in women's tennis, launched in 1963 to celebrate the 50th Anniversary of the International Tennis Federation. The competition was known as the Federation Cup until 1995.
President Donald Trump renewed his attacks on Federal Reserve policy makers, calling them "Boneheads" and urging that they cut interest rates and even consider taking short-term rates to zero or negative.
US stocks closed mixed on Monday, as the market was weighed on declining healthcare stocks, yet supported by investors' optimism about potential interest rate cuts by the US Federal Reserve.
US President Donald Trump said he has "hereby ordered" American companies to leave China, after Beijing announced plans to slap new tariffs on US goods.
Sell-off in the Indian equity markets and sustained outflow of foreign funds left the rupee weaker by 25 paise on Thursday. The Indian currency closed at Rs 71.81 to a US dollar, its lowest point this year.
continued their positive run with the 10-year bond yield falling by 51 basis points (bps) while the 10-year 'AAA' and 10-year SDL eased by 33 bps on the decision of the government to stick to fiscal consolidation in their FY20 budget, announcement of sovereign bond (which could help balance domestic demand/supply gap) and positive global cues.
and has become too much of a convention... ", RBI Governor Shaktikanta Das angry explanation on cutting the repo rate by 35 bps instead of following the tradition of cutting it in multiple of 25 bps.
US President Donald Trump has accused China of engaging in "currency manipulation" after the yuan broke below the level of seven yuan per dollar, a situation that has not occurred since 2008, and he urged the Federal Reserve to take measures to counter Beijing's move.
The Indian rupee fell to a five-month low while the gold lost sheen after a surprise hakwish tone of the US central bank on Thursday.
Indian investors woke up to another surprise on Thursday as the US Federal Reserve went for a rate cut on the dotted lines but gave a hawkish note on future policy rates amid a marked slowdown in global economic activity.
policy, ultimately aim to influence domestic financial conditions which in turn affect economic variables like growth and inflation. Interest rates are only one component of aggregate financial conditions, but probably one that central banks influence the most directly.