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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KSE100 172,894.28
429.22M 		0.69%
1189.52
ALLSHR 103,374.80
980.79M 		0.87%
892.69
KSE30 52,120.11
272.02M 		0.75%
385.76
KMI30 248,767.62
212.38M 		0.96%
2361.39
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515.63M 		1.01%
673.98
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105.58M 		0.30%
144.83
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18.61M 		1.49%
531.61
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Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,230.00 80,265.00
79,785.00 		-115.00
-0.14%
BRENT CRUDE 102.39 102.59
102.16 		2.33
2.33%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00 		-2.50
-2.22%
ROTTERDAM COAL MONTHLY 106.55 106.60
105.45 		1.80
1.72%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50 		0.00
0.00%
CRUDE OIL - WTI 96.85 98.64
96.12 		2.04
2.15%
SUGAR #11 WORLD 14.56 14.82
14.38 		-0.25
-1.69%
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