Indian markets trade flat in early deals amid mixed global cues

IANS | June 18, 2026 9:33 AM

Mumbai, June 18 (IANS) Indian equity markets traded flat on Thursday in morning trade amid mixed global cues as investors and traders assessed indications that the US Federal Reserve may still raise borrowing costs later this year, despite the benefits of lower oil prices and the Fed's decision to keep rates unchanged.

US Fed holds key rate steady under new Chair Warsh

IANS | June 18, 2026 9:08 AM

Washington, June 18 (IANS) The US Federal Reserve held its benchmark interest rate steady in its first rate decision since new Chair Kevin Warsh took office last month, with at least half of its policymakers anticipating a higher rate later this year.