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

Name Price/Vol %Chg/NChg
KSE100 133,105.61
103.48M
-0.20%
-264.54
ALLSHR 82,965.30
385.09M
-0.14%
-115.85
KSE30 40,570.15
34.57M
-0.33%
-135.15
KMI30 191,952.13
43.84M
-0.33%
-628.55
KMIALLSHR 55,768.00
218.39M
-0.12%
-67.72
BKTi 36,214.15
5.64M
-0.28%
-103.02
OGTi 28,414.17
3.06M
-0.45%
-128.79
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,670.00 108,880.00
107,680.00
215.00
0.20%
BRENT CRUDE 69.43 69.50
69.03
-0.15
-0.22%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
2.90
3.07%
ROTTERDAM COAL MONTHLY 106.00 106.75
106.00
0.25
0.24%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 67.74 67.97
67.40
-0.19
-0.28%
SUGAR #11 WORLD 16.25 16.46
16.07
-0.13
-0.79%

Chart of the Day


Latest News
July 08, 2025 at 10:42 AM GMT+05:00

Pakistan moves to regulate crypto with PVARA approval


July 08, 2025 at 09:41 AM GMT+05:00

DFML assembles over 300 EVs for delivery


July 08, 2025 at 09:31 AM GMT+05:00

NBP issues foreign exchange rates



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg