Tag: Federal Chair Janet Yellen

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US Federal leaves rates unchanged amid leadership change

Washington:The US Federal Reserve on Wednesday left its benchmark interest rates unchanged as current Federal Chair Janet Yellen prepares to hand over the leadership of the central bank to Jerome Powell later this week. The Federal decided to maintain the target range for the federal funds rate at 1.25 to 1.5 per cent after its […]

  • Wednesday, 07 July 2021
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