The Fed is expected to leave its federal funds rate unchanged at a level between 1.5% and 1.75% when it ends a two-day policy meeting on Wednesday
In a career that spanned more than half a century, Volcker became a one-man economic cleanup crew
It will also maintain liquidity so that govt borrowing doesn't push yields up
That is the read from traders on Friday after a government report showed employers added 266,000 jobs last month
With the RBI's rate-setting meeting over, the attention now turns to the US Federal Reserve's (US Fed's) two-day policy meet that begins on December 11
The minutes also showed that policymakers further discussed the possibility of setting up a standing repo facility in the wake of recent ructions in short-term money markets
According to the Federal Reserve, trade frictions -- centered on the US-China dispute -- remained the most widely cited potential near-term shock.
A rate cut by the US Federal Reserve, progress in trade talks, and the Brexit deal have benefited both developed markets as well as EMs, say analysts
A 'green interest rate' is one of the ideas on view Friday as the San Francisco Fed convenes the U.S. central bank's first-ever conference on climate change and economics
FPIs have turned negative and the budgetary announcement on tax surcharge has been a factor that has restricted their activity
The Fed said it will 'monitor the implications of incoming information for the economic outlook as it assesses the appropriate path' of its target interest rate
Equity futures signalled a flat to weaker open for Wall Street, after the S&P500 hit a record high, closing lower after the trade deal report .
The Fed is scheduled to release its latest policy decision at 2 pm EDT (1800 GMT)
Surge in liabilities denominated in US dollars could make the banks' home economies more vulnerable, says IMF report.
The outburst followed the release of the Institute for Supply Management's factory index, which slipped to its lowest level since June 2009
Moderate economic activity, weak business fixed investment and exports, and global uncertainties promoted the Fed to lower the key interest rates, a second since the recession of 2008
The Fed's policy-setting Federal Open Market Committee lowered the policy interest rate by 25 basis points to a target range of 1.75 to 2.0 per cent
The policy statement and updated quarterly forecasts will be released at 2 pm in Washington and Chairman Jerome Powell will brief the press 30 minutes later
The repo market underpins much of the US financial system, helping to ensure banks have the liquidity to meet their daily operational needs and maintain sufficient reserves
Officials from 26 central banks, including the U.S. Federal Reserve and the Bank of England, will meet with representatives of Libra in Basel on Monday