FED keeps interest Rates Unchanged

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MG News | June 11, 2020 at 12:10 AM GMT+05:00

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June 10, 2020: The US Federal Reserve has voted to keep its benchmark rate near zero in its meeting on Wednesday.

In addition the Fed said it will continue to buy bonds including treasuries and mortgage back securities.

Furthermore, the Fed expects the US GDP to fall by around 6.5% in 2020 before rebounding in 2021.
 

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Name Price/Vol %Chg/NChg
KSE100 164,742.47
209.98M 		0.48%
793.53
ALLSHR 98,589.92
450.95M 		0.48%
474.85
KSE30 49,491.50
133.46M 		0.19%
94.73
KMI30 236,551.09
105.86M 		0.50%
1183.41
KMIALLSHR 63,969.63
225.40M 		0.51%
323.99
BKTi 45,608.79
57.44M 		-0.05%
-22.71
OGTi 34,036.45
10.66M 		1.75%
586.92
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 81,910.00 81,910.00
81,780.00 		-35.00
-0.04%
BRENT CRUDE 110.31 114.44
109.60 		-4.13
-3.61%
RICHARDS BAY COAL MONTHLY 114.00 114.00
114.00 		1.30
1.15%
ROTTERDAM COAL MONTHLY 110.65 112.00
109.50 		1.45
1.33%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50 		0.00
0.00%
CRUDE OIL - WTI 102.58 102.70
102.46 		0.31
0.30%
SUGAR #11 WORLD 15.37 15.49
15.21 		0.08
0.52%
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