Operation Twist: US Fed has failed and it has no tools left
George • 13 years agoThe US Fed's Operation Twist failed to reduce long bond prices but gave stocks a push. There are no further tools left with the Fed to help the economy.
Rupee falls 1 percent to two-year low after Fed's outlook deepens
Fp Archives • 14 years agoThe rupee fell 1 percent to its lowest in more than 2 years on Thursday as the dollar climbed to 7-month highs against major currencies after the Federal Reserve said there were "significant downside risks" to the economy but stopped short of bold monetary easing.
Operation Twist: Fed's $400 bn unlikely to revive markets
Fp Editors • 14 years agoOperation Twist, Bernanke's move to revive the sluggish US economy, is turning out to be another damp squib.
Grim day ahead for Mumbai as Asian markets tank
Vembu • 14 years agoVery weak global cues for Mumbai after the US Fed's Operation Twist fails to enthuse markets.
Yesterday's gone, and market rally may have gone too
Vembu • 14 years agoEarly cues from Asian markets point to a reversal of yesterday's rally in Mumbai. Markets are also bracing for the Fed's announcement of 'Operation Twist'.