Last week the Fed, in its final meeting of 2020, promised to keep funneling cash into financial markets further into the future to fight the recession
Federal Reserve Board voted to keep its countercyclical capital buffer at 0%, saying it would not order banks to hold additional capital to protect against losses in a future economic downturn
After touching its lifetime intra-day high of 46,992.57, the Sensex settled 223.88 points or 0.48 per cent up at 46,890.34 - its new closing record
Markets today: Heavyweights like HDFC, Bajaj Finance, HDFC Bank, and Reliance ended between 0.5 per cent and 3 per cent higher on the S&P BSE Sensex
It was the more incremental step of the options the Fed was weighing, taken as policymakers boosted their outlook for economic growth next year to 4.2 per cent from 4 per cent at the median
The ability to trade foreign currency for dollars at the US central bank is permanently available to the European Central Bank and a handful of other major central banks
The US Federal Reserve has joined an international group of central banks focused on climate change risk, a signal that it could move to incorporate the impacts of global warming into regulatory writ
The Fed's membership in the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) comes after a yearlong collaboration, the Fed said
During the last week, the 30-share BSE benchmark index jumped 1,019.46 points or 2.26 per cent
US Federal Reserve Chairman Jerome Powell said that the continuing Covid-19 resurgence across the country could pose challenges to the economic recovery in the next few months
In Yellen, Biden will have a battle-tested policy maker who can draw on her nearly two decades at the Fed to help rebuild an economy in dire need of government cash and confidence
Most participants said the committee should move toward issuing forward guidance that links the pace and makeup of purchases to certain economic outcomes
Yellen is seen returning clarity on the U.S. strong-dollar policy, stabilizing the $6.6-trillion-a-day currency market that's the backbone of global finance and commerce
Yellen, who is widely admired in the financial world, would be the first woman to lead the Treasury Department in a line stretching back to Alexander Hamilton in 1789
US Federal Reserve Chairman Jerome Powell said that the central bank will return unused funds of the emergency Covid-19 lending facilities to the Treasury Department
Mnuchin told Fed Chair Powell in a letter that the $455 bn allocated to Treasury under the CARES Act last spring should be available for Congress to reallocate
The Treasury Department asked the Federal Reserve to return unused funds, downsizing the next secretary's ability to restart the economic support
Dallas Federal Reserve Bank President Robert Kaplan said the economy could shrink this quarter as consumers in more states and cities pull back from economic activity amid the record coronavirus surge
Japan reported record news cases as Tokyo raised its pandemic alert to the highest level, shoving the Nikkei down 0.8% and away from a 29-year closing top
Trump's Republican Party has a 53-47 majority in the current Senate, but several Republicans opposed Shelton's nomination and two were absent due to exposure to Covid-19