Page 20 - Federal Reserve

Global stocks lower after FOMC's July minutes suggest US inflation too high

Global stock markets and Wall Street futures mostly declined on Thursday after the Federal Reserve said US inflation is too high despite aggressive rate hikes, suggesting support for more increases. London, Shanghai, Tokyo, and Hong Kong declined. Frankfurt opened higher. Oil prices edged up. Notes released on Wednesday from the Fed's July 26-27 board meeting said inflation is unacceptably high", despite signs US economic growth is weakening. Board members saw little evidence to inflation pressures as subsiding. Investors worry aggressive rate hikes imposed by the Fed and central banks in Europe and Asia this year to tame inflation that is running at multi-decade highs might derail global economic growth. The Fed notes raised the prospects of further tightening," while some investors see possible excessive tightening dragging growth, Venkateswaran Lavanya of Mizuho Bank said in a report. In early trading, the FTSE 100 in London slipped 0.2 per cent to 7,498.98 while Frankfurt's DA

Gold prices near two-week low as dollar firms after Fed's July minutes

Federal Reserve's July meeting suggested the rise in Central Bank's rates to tame inflation; gold dropped to its lowest in August, dollar rose 0.2 percent hitting a three-week high

Secret to enduring stagflation sends investors to emerging markets

Stocks and bonds of poorer nations have sunk this year amid Federal Reserve tightening and runaway consumer prices, and may sell off even more if the global economy stalls

Gold, silver prices fall in early trade; yellow metal dips Rs 660 per 10 gm

The price of silver declined by Rs 300 per kg to Rs 58,700 per kg

US indices struggle amid recession fears; Micron says sales may come down

Chipmaker Micron Tech says sales likely to come down; inflation data today

Gold, silver remain unchanged for 2nd day; yellow metal trades at Rs 51,870

10 gram of 22-carat gold traded at Rs 47,550 on Tuesday

Rupee falls as strong US jobs data rekindles fear of aggressive Fed hikes

The Federal Reserve has already raised interest rates by 225 basis points since March 2020

The case for rate hikes heading for contested territory as recession looms

A parade of Federal Reserve officials in recent days has sought to emphasize this message - though a slump isn't their forecast

Rupee weakens 1% in two days as renewed talks of 'hawkish' Fed boost dollar

Record high trade deficit, technical factors add to woes

Monetary policy: RBI likely to return interest rates to pre-pandemic levels

With Federal Reserve officials signaling a pause is out of the question until they see evidence of inflation easing, RBI watchers will be closely monitoring Governor Shaktikanta Das's remarks

US Fed's pyrrhic victory over inflation after policy rate hiked by 75 bps

Powell cannot afford to take his eyes off the prize - to get inflation down

LIVE: SC to hear plea against tenure extension of ED director on Friday

Live news updates: Besides Gokhale, the spokesperson of the TMC, others have also filed petitions challenging the tenure extension and the enabling amended law in this regard in the top court.

Dollar hits three-week low to yen as Fed's Powell less hawkish than feared

The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell assuaged investors' worries about continued aggressive monetary tightening

Google gives jittery stocks a lift ahead of Federal Reserve meeting

Better-than-expected results at Microsoft and Google helped soothe a nervous mood in stock markets on Wednesday, while a cut in Russian gas flow dragged on the euro

Rupee weakens slightly, bonds yield little changed; Fed meet in focus

The Indian rupee weakened slightly against the dollar on Tuesday, while bond yields were little changed, as investors awaited the outcome of the US Federal Reserve's policy meeting

Investor sentiment in doldrums, growth optimism hits record low: BofA study

Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks

Biggest market jump in a month adds Rs 3.4 trillion to investor wealth

1.4% jump comes on the back of easing recession fears, China policy support

Business Standard poll: The worst may soon be over for rupee, say experts

It's seen at 80.20/$ at July-end, stabilising at 80.50 by Sept

Supply chains inching back to normal brace for headwinds of softer demand

Citi cautioned against declaring an 'all clear' on the supply front

Strongest dollar in a generation upends global economy, devalues currencies

The greenback is affecting everything from cost of an overseas vacation to profitability of MNCs