Page 10 - Federal Reserve

Gold price falls Rs 10 to Rs 72,590, silver falls Rs 100 to Rs 83,400

The price of 22-carat gold also declined by Rs 10, with the yellow metal selling at Rs 66,540

Indian bond yields likely to dip at start of week, focus on Fed decision

The benchmark 10-year Indian yield is likely to trade in a 7.16 per cent-7.21 per cent range, following its previous close at 7.1870 per cent, a trader with a primary dealership said

US economic growth in Jan-Mar slows to a 2-year low; inflation surges

The economy grew at a 3.4% rate in the fourth quarter. The first quarter growth's pace was below what U.S. central bank officials regard as the non-inflationary growth rate of 1.8%

Gold price dips Rs 10 to Rs 72,260, silver falls Rs 100 to Rs 82,400

The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 66,240

Global markets, US yield, Q4 results to set Sensex, Nifty trend on April 26

Stock market preview Friday, April 26: Global cues mixed, but sharp rise in 10-yr US bond yield to 4.73 per cent may weigh on the trading sentiment. Individual stocks to remain in focus on Q4 results.

Black swan hedge fund says Fed rate cuts will signal market crash

Spitznagel argues that such a shift would likely take place only when economic conditions deteriorate, creating a challenging environment for markets

Federal Reserve's preferred inflation gauge set to back rate-cut patience

Policymakers' preferred inflation gauge - the personal consumption expenditures price index - probably stayed elevated in March, according to data due in the coming week

Fed Chair Powell's US rates warning means headache for rest of the world

China doesn't have such inflation worries, but rise in the premium of US 10-year government bond yields over their Chinese equivalents to a record high has sparked concerns over depreciation of yuan

Fed to cut US rates 'at some point, but no hurry', says Loretta Mester

"At some point, as we get more confidence, we will start to normalize policy back to a less restrictive stance, but we don't have to do that in a hurry," Mester said

Interest rate cuts in India 'off the table' in FY24-25, says Morgan Stanley

The central bank seeks to ensure inflation aligns durably and sustainably to its 4 per cent target

Soft or no landing? US Fed's economic picture becomes complicated

Fed policymakers have taken an increasingly cautious tone when they talk about when and how much they might lower borrowing costs

Biden predicts Fed will cut rates by end of year despite high inflation

Biden in a statement earlier Wednesday acknowledged the administration had more to do to lower prices

US dollar turns lower after producer prices for March, jobless claims data

A separate report showed the U.S. initial jobless claims were 211,000 for the week ended April 6, compared with a forecast for 215,000 claims

Gold hits all-time high, soars past Rs 71,000: Should you still invest?

Geopolitical conflicts are contributing to market instability, prompting investors to flock to assets perceived as safe, such as gold.

US Fed blocks tough global climate-risk rules for Wall Street Banks

European central bankers have been advocating for the Basel Committee on Banking Supervision to agree on requiring lenders to disclose their strategies for meeting green commitments

Gold price climbs Rs 10 to Rs 69,390, silver rises Rs 100 to Rs 78,700

The price of 22-carat gold declined Rs 10 with the yellow metal selling at Rs 63,610

Markets scale new peaks in FY25 kickoff; Sensex ends 363 points higher

Optimism soars as slowing US inflation sparks Fed rate cut hopes this financial year

Fed doesn't need to be in a hurry to cut rates, reiterates Jerome Powell

Investors are now betting the US central bank will make that first cut in June

Want to see 'more good inflation readings' before rates are cut: Powell

Federal Reserve Chair Jerome Powell on Friday reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won't be ready to do so until it sees more good inflation readings' and is more confident that annual price increases are falling toward its 2 per cent target. Speaking at a conference at the Federal Reserve Bank of San Francisco, Powell said he still expected "inflation to come down on a sometimes bumpy path to 2 per cent". But the central bank's policymakers, he said, need to see further evidence before they would cut rates for the first time since inflation shot to a four-decade peak two years ago. The Fed responded to that bout of inflation by aggressively raising its benchmark rate beginning in March 2022. Eventually, it would raise its key rate 11 times to a 23-year high of around 5.4 per cent. The resulting higher borrowing costs helped bring inflation down from a peak of 9.1 per cent in June 2022 to 3.2 per cent last .

US monthly inflation slows, consumer spending surges, reveals data

The personal consumption expenditures (PCE) price index rose 0.3% last month, the Commerce Department's Bureau of Economic Analysis said