FED keeps interest Rates Unchanged

News Image

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

0:00

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.
 

Related News

News
Trump reveals plan to set tariff rates without trade deals
News
UK autos exempted under U.S. tariff cut but steel still in question
News
China’s industrial profits sink more than 9% in May
Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M 		0.97%
1262.41
ALLSHR 82,069.26
730.83M 		0.94%
764.01
KSE30 40,387.76
80.88M 		1.11%
442.31
KMI30 191,376.82
77.76M 		0.36%
678.77
KMIALLSHR 55,193.97
350.11M 		0.22%
119.82
BKTi 35,828.25
28.42M 		3.64%
1259.85
OGTi 28,446.34
6.84M 		-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00 		-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75 		-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00 		0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85 		-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50 		0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04 		-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44 		0.79
5.07%
Chart of the Day
Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup

July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May

July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk

July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola

July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court

Top 5 things to watch in this week
Central Government Debt
Savings Mobilized by National Savings Schemes
FX Reserves
Trade Balance
CPI
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg