Page 5 - Fed Rate Hikes

Rupee logs best single-day gain in 4 years as Fed hikes seen slowing

As dollar index breaches key technical levels, outlook on rupee improves

Dollar slides, CPI data suggests Fed could slow pace of rate hikes

The data boosted other currencies against the dollar. The Japanese yen at one point climbed to its biggest single-day rise since 2008 and the British pound notched its biggest daily

Crypto wrap: Market remains largely resilient despite Fed's 75 bps hike

At 1 PM (IST) on Friday, Bitcoin was trading at $20,591, up 2 per cent in the past seven days, and Ethereum was at $1,579, showing a jump of 5 per cent in the same period

Is geopolitics a bigger worry for markets than rate hikes?

After the Russia-Ukraine war, fresh geo-political tensions are brewing in other regions too. Will these global worries affect markets globally? Are they a bigger worry than central bank policy action?

Global equities fall, US Treasury yields rise after hawkish Fed rate hike

The Dow Jones Industrial Average fell 0.46% to 32,001.25, the S&P 500 lost 1.06% to 3,719.89 and the Nasdaq Composite dropped 1.73% to 10,342.94

After Fed hike, experts can't form consensus on expected MPC response

In September review, panel talked about aggressive monetary policy actions and stances across the world

Rupee falls 8 paise to 82.88 against US dollar after Fed hikes rates

The rupee depreciated 8 paise to 82.88 against the US dollar in morning trade on Thursday after the US Federal Reserve raised interest rates and maintained a hawkish stance. At the interbank foreign exchange, the domestic unit opened at 82.87 against the dollar, then lost further ground to quote at 82.88, registering a loss of 8 paise over its previous close. In initial trade, the local unit also touched 82.84 against the American currency. On Wednesday, the rupee settled at 82.80 against the American currency. According to Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors, the US Fed's commentary was not dovish at all. "Oil was higher at USD 95.50 per barrel while GBP and Euro were lower after the hawkish FED comments." The rupee could trade in the range of 82.50-83.20. "Exporters may sell dollars at 83 levels keeping a close watch on RBI while importers may continue to buy all dips they get," Bhansali said. Meanwhile, the dollar index, which gauges the greenback's

RBI's letter may cite Ukraine war as main reason for high inflation: Report

For the past few months the MPC's and the governor's conduct has pointed at the war in Ukraine as the main reason for inflation staying above 6 per cent for three consecutive quarters

Top headlines: Fed hikes rate by 75 bps, Indian iPhone users to get 5G soon

From Fed rate hikes to deadlock over carrier's revival, here are the top headline for the day

US Fed unleashes another big rate hike but hints at a pullback soon

The Federal Reserve pumped up its benchmark interest rate on Wednesday by three-quarters of a point for a fourth straight time but hinted that it could soon reduce the size of its rate hikes. The Fed's move raised its key short-term rate to a range of 3.75 per cent to 4 per cent, its highest level in 15 years. It was the central bank's sixth rate hike this year a streak that has made mortgages and other consumer and business loans increasingly expensive and heightened the risk of a recession. But in a statement, the Fed suggested that it could soon shift to a more deliberate pace of rate increases. It said that in coming months it would consider the cumulative impact of its large rate hikes on the economy. It noted that its rate hikes take time to fully affect growth and inflation. Those words indicated that the Fed's policymakers may think borrowing costs are getting high enough to possibly slow the economy and reduce inflation. If so, that would suggest that they don't need to ..

Asia stocks edge up in early trade as investors eye Fed rate decision

Early in the Asian trading day, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%. U.S. stock futures rose 0.2%

Crypto wrap: Markets rally on expectation of softer stance from US Fed

Bitcoin crossed the $ 20,000 mark, and Ethereum was above the $ 1,500 mark for the first time since it concluded "Merge" in September

European stocks up as investors see signs Fed could slow rate rises

The MSCI world equity index, which tracks shares in 47 countries, was up 0.1% on the day and MSCI's main European Index hit a five-week high, up 0.8% on the day

Wall Street jumps on hopes of smaller Fed rate hikes, reverses decline

Traders are still widely expecting a fourth 75-basis-point hike at the central bank's November meeting

Oil price wavers as rate hike talk offsets fading China demand hopes

Oil prices were little changed on Friday as optimism about a possible rise in demand in China faded and the market again weighed the impact of sharp interest rate rises on energy consumption

Mark Mobius warns Fed interest rates will hit 9% if inflation persists

If inflation is 8%, the playbook says you've got to raise rates higher than inflation, which means 9%, says the co-founder of Mobius Capital Partners

Gold set for weekly fall on account of firm dollar, Fed rate hike fears

Spot gold was down 0.5% to $1,658.10 per ounce by 0920 GMT. Prices have fallen more than 2% so far this week.

Gold prices slide over 1% as US inflation data fuels rate-hike fears

Spot gold dropped 1.5% to $1,647.80 per ounce by 1319 GMT. U.S. gold futures lost 1.4% to $1,6544.50.

Fed officials commit to restrictive rates but calibration needed: Minutes

The minutes of the Sept. 20-21 meeting showed many Fed officials 'emphasized the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action'

War, looming rate hikes hoist dollar, gilt wipeout hits Treasuries

Asian stockmarkets fell and the dollar rose on Tuesday with investors worried about rising interest rates and an escalation in the Ukraine war