HomeNewsVideosTrendsCurrent AffairsLive: Fed announces 25BPS hike | Jio-BlackRock AMC JV | Galaxy Z Flip phones unveiled | Newspresso

Live: Fed announces 25BPS hike | Jio-BlackRock AMC JV | Galaxy Z Flip phones unveiled | Newspresso

The US Federal Reserve raised its benchmark lending rate on Wednesday to the highest level since 2001. The quarter percentage point rise lifts the Fed's key lending rate to a range between 5.25 per cent and 5.5 per cent. Jio Financial Services Limited and BlackRock have announced to create "Jio BlackRock," a 50:50 joint venture. From the trends, we bring you visuals of Samsung unveiled its Galaxy Z Flip Phones at Seoul. Samsung has launched two new folding phones that are thinner and lighter than its previous models. Watch this edition of Newspresso with Moneycontrol's Stacy Pereira.

July 27, 2023 / 13:33 IST
Story continues below Advertisement

Moneycontrol News
first published: Jul 27, 2023 08:15 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!