The Fed Reserve's turnaround on tapering had opened better loan prospects for banks in India. IndusInd Bank is India's fourth largest private sector lender.
Tags: Federal Reserve Bank
The Fed Will Stress Test U.S. Banks to Ensure Their Resilience
Federal Reserve Bank will issue a much tougher annual stress test this year. The test aims to prevent recurrence of 2008 crisis, analyzing resilience of 33 large U.S. banks against the worse-case hypothetical scenario..
Fed Keeps Benchmark Rates In Place, Hints For Further Hike In March
The policy making committee of the Federal Reserve Bank has announced keeping key interest rates unchanged on Wednesday. The inflation rate exists below predictions and job growth remains satisfactory. But ahead of global economic turmoil and considering strong Dollar outlook, Fed has decided to let the tightened monetary policy to go further. However, it hints for hiking interest rates during its next meeting scheduled to be held in March.
Business experts doubtful regarding future profits and sales
Business economists seem to be more doubtful regarding their companies' future profits and sales. According to a survey, these economists expect slower GDP growth.
Overseas central banks are Fed's partner to accomplish rates
The Federal Reserve Bank have found a new partner in its struggle to confirm interest rate increase screens through the US economy. The trend of Fed borrowing billions daily to set a base under its standard policy rate has been conquered by foreign monetary authorities, Bloomberg said.
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The meeting of the Federal Reserve this week comes at a time when the next chairman is still unknown.
Due to stock market corrections, UBS announced that they are adjusting their portfolio Asset allocation strategists from UBS are saying that they are increasing their 'overweight' stance when it comes to equities.
The initial pegged price for HD Supply Holdings IPO shares was not achieved, as buyers bought the shares at below set prices.
Rampant speculation on Fed Reserve actions have caused German, Italian and Spanish bonds to decline.
Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.
Fed Chairman Bernanke's announcements on quantitative easing is anticipated by the market. (Photo : Reuters)President Barack Obama's next choice to head the U.
Wall Street is expecting the Federal Reserve to continue implementing its stimulus program. Wall Street is urging the Federal Reserve to purchase a total of US$1.
While many indicators say that there would be a worldwide economic slowdown, central banks aim to reverse or even control that.
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