Page 4 - Fed Rate Hikes

25 or 50 basis points will depend on coming economic data: Powell

January US job openings dip, but still high at 10.8 million

Sensex reclaims 60,000 mark, up 1,315 points in two trading sessions

Easing concerns around Fed hike, rise in Adani Group shares boost sentiment

Crypto wrap: January Fed meet minutes pull Bitcoin back from six-month high

The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary

Oil heads for weekly loss on Fed rate hike worries, signs of ample supply

Brent crude futures were down $2.37, or 2.8%, to $82.77 a barrel by 1145 GMT, while West Texas Intermediate (WTI) U.S. crude fell $2.07, or 2.6%, to $76.42.

US job openings surge unexpectedly past 11 million as Fed zeros in on labor

The increase was the largest since July 2021 and mostly reflected a jump in vacancies in accommodation and food services

Asian shares subdued, dollar steady as focus remains on US CPI data

US stocks ended higher as investors heaved a sigh of relief after Powell refrained in a speech from commenting on rate policy but said the Fed's independence was essential for it to battle inflation

Crypto wrap: Macro indicators improve, market stable despite Fed rate hike

On December 15, after the US inflation of 7.1 per cent for November was announced, Bitcoin touched its five-week high of $18,400

Sensex can drop to 58,000, Nifty 17,700 if these supports are violated

Presently, the BSE Sensex and Nifty 50 have breached their respecitve 21-SMAs, the following support levels need to be honoured in order to sustain a positive bias.

Sensex drops 879pts, Nifty near 18,400 on Fed's hawkish pivot; IT worst hit

CLOSING BELL: The 30-pack index had dropped over 900 points intra-day to hit a low of 61,715.61, while the 50-pack index hit a low of 18,388

Bonds and rupee gain; US inflation spurs hopes of dovish Fed move

Markets feel that US central bank's aggressive rate hike cycle may be nearing an end

Wall St keeps its poise ahead of Fed's last rate decision for 2022

The subdued price moves followed a rally in stocks and a sharp drop in the U.S. dollar in the previous session when the consumer prices data showed a slowdown in inflation

Dollar wallows at six-month lows ahead of last Fed meeting of 2022

After raising interest rates by 75 basis points at four successive meetings, the US central bank is widely expected to deliver a 50 bp increase later in the day

Rupee sheds 26 paise to dollar as firm US data leads to Fed hike jitters

The domestic unit settled at 82.54 to the dollar on Monday, from 82.28 at previous close. So far in 2022, the Indian currency has shed 9.9% against the greenback

Rupee, bond yields to move in narrow range, with focus on Fed meeting

MUMBAI (Reuters) - The Indian rupee and government bond yields are likely to take cues from the outcome of the U.S. Federal Reserve's monetary policy meeting on Dec. 14, one of a host of high-profile, potentially market-moving economic events in the week.

Fed's message on rate hold for 'some time' clashes with 2023 rate-cut bets

They're also likely to signal another 50 basis points of tightening next year, according to economists, and an expectation that once they reach that peak, they'll stay on hold through all of 2023

Markets to track inflation data, US Fed rate decision this week: Analysts

The trading activity in the domestic equity market this week will be largely driven by a host of macroeconomic data announcements and the US Fed interest rate decision, analysts said. Industrial Production data and retail inflation rate are scheduled to be announced on Monday. Besides, wholesale inflation data will be released on Wednesday. "This week is going to be crucial in terms of global cues, where the US inflation numbers and the outcome of US Fed policy decision will be the most important events for the market. "On the domestic front, our industrial production and retail inflation numbers will be announced on December 12, while wholesale inflation numbers will be announced on December 14," said Santosh Meena, Head of Research, Swastika Investmart Ltd. Apart from this, news flows from China, the movement of crude oil prices and the dollar index will be other important factors. Institutional flows also need to be watched, as FIIs have been net sellers for the past week, Meena

Rupee gains as dollar slides on US data backing slower rate hikes

The Indian rupee rose on Friday, but gains were capped due to dollar demand amid a slump in the greenback

Rupee gains as Fed's Jerome Powell hints at slower US rate hikes

So far in 2022, the Fed has hiked rates by a total of 375 bps, leading to a stronger dollar and diminishing the appeal of emerging market assets

Rupee will stabilise once US reduces speed of rate hikes: Douglas W Diamond

Douglas W Diamond, winner of this year's Nobel Memorial Prize in Economic Sciences, says it is difficult to predict exchange rates but the rupee should stabilise once the US "reduces the speed of its rate increases". In an email interview to PTI, the American economist also said that when the US raises exchange rates unexpectedly, the dollar tends to appreciate and things will normalise when interest rates are closer to each other in the US and India. Diamond, a Merton H Miller Distinguished Service Professor of Finance at the University of Chicago's Booth School of Business, shared the Nobel Prize with former US Federal Reserve Chair Ben Bernanke and US-based economist Philip H Dybvig for their research into the fallout from bank failures. According to the Nobel panel at the Royal Swedish Academy of Sciences in Stockholm, their research has shown "why avoiding bank collapses is vital". Asked about the continuous fall of the Indian rupee against the USD dollar, Diamond says, "It is

US Federal Reserve open to 50-bp hike at December policy meeting

"It is way too early to conclude that inflation is headed sustainably down," Christopher Waller, US Federal Reserve Governor