Page 21 - Federal Reserve

Rates need to rise above 3.5%, no rate cuts in 2023: Fed's Williams

The Fed raised the benchmark fed funds rate to 2.25-2.50% at its last meeting in July.

Powell's Jackson Hole speech leaves crypto investors in a tough spot

The total crypto market cap fell below $1 trillion after staying above it for over a month. Bitcoin fell below $20,000, and Ethereum slipped below $1,500

Rupee hits new low of 80.14 per $ as Fed's Powell talks tough on inflation

RBI interventions to determine rupee's course amid surging dollar

To the point

The Fed has made its policy position clear

Bitcoin plunges below $20,000, may reach $10,000 level this year

After showing some stabilisation in the last few weeks, world's largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell's keynote address

Global bond inflows to emerging Asian markets signal shift in outlook

In August, global funds have poured $1.4 billion into Indonesia bonds in the first net addition in six months, while India has seen them loading up on rupee notes of $680 million

Oil falls 4% on concerns economic slowdown may dent fuel demand

US West Texas Intermediate crude for September delivery - due to expire on Monday - was down $3.77, or 4.1%, at $87

Dollar holds gains as minutes suggest Fed set for lengthy inflation fight

The dollar touched a three-week high on Thursday after minutes from the Federal Reserve's July meeting pointed to U.S. interest rates staying higher for longer to bring down inflation.

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.