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US Federal Meeting: US central bank US Federal has not made any changes in interest rates amidst heavy tension in the middle East. Fed Chief Jerome Powell has decided to keep the interest rates between 4.25 percent and 4.50 percent. This means that the EMI of the loan being paid by the people is not going to have any effect. In December of 2024, the interest rate of 25 basis points i.e. 0.25 percent was reduced by the US Fed.
US Fed refusal to cut interest
Significantly, US President Donald Trump had urged the US Fed Reserve to cut it before the announcement of interest rates, but Jerom Powell did not accept Trump’s request. & nbsp; market experts were hoping that no changes will be made in inflation until some signs of Giraatwat are found."Text-Align: justify;"> The US Fed has decided not to cut interest rates at a time when there is instability in the bashic market. The situation in West Asia remains very worrying after killing Iran’s leading scientists and army people from Israel.
Market bounced from US Fed’s decision
From gold to dollars and crude oil, tremendous fluctuations are being seen. In such a situation, this decision of US Fed has definitely done some relief to the global market. After the two -day meeting, the US Fed has announced that the benchmark landing rate will be kept at 4.24 percent. & nbsp; & nbsp;
Here, the American stock market has shown great boom while doing this decision of US Fed. Nasdaq rose 0.51 percent, while Dow Jones also saw 100 points. Apart from this, the shares of S&P 500 have also shown a jump of 0.33 percent. However, President Trump has criticized US Fed Chief Jerome Polel, dismissing the concerns related to inflation.