Page 23 - Federal Reserve

Gold gains 0.3% as dip in dollar to a one-month low boosts appeal

The dollar, a rival safe-haven asset to gold, has been falling broadly alongside a decline in Treasury yields from multi-year peaks, with aggressive easing by the Federal Reserve already priced in.

Ben Bernanke assesses the Fed

Bernanke also offers some self-criticisms, including an acknowledgement that he failed to recognise how slowly the economy was emerging from recession after the emergency

Regulators don't need constitutional status

Accountability and transparency are effective ways of ensuring that they remain truly independent

Monetary policy must respond nimbly to second inflation round: IMF official

In a Q&A, the lead author of IMF's Asia and Pacific Outlook, dwells on the impact the Fed's move on the benchmark rate could impact India

Top headlines: Lending rates to rise, half a dozen IPOs in May after LIC

Business Standard brings you the top headlines at this hour

Half a dozen IPOs in May after LIC; Rs 28,960-crore projected mop-up

With Rs 28,960-crore projected mop-up, month to be second-best for fund-raising

Gold prices fall as yields gain in run up to Fed rate hike decision

Benchmark US 10-year Treasury yields firmed after backing off the key 3% mark in the previous session

US stocks gain in seesaw session, benchmark Treasury yield hits 3%

All three major US stock indexes gyrated between positive and negative territory throughout the session, and the 10-year Treasury yield touched its highest level in more than three years.

Gold prices slip more than 2% to a near three-month low; oil falls

Oil also declined as China's measures to curb Covid-19 threatened a further hit to fuel demand

Indian shares track weakness in Asian peers amid Fed rate in focus

The NSE Nifty 50 index was down 0.78% at 16,969.10 as of 0357 GMT on Monday, with most of its major sub-indexes in the negative, while the S&P BSE Sensex fell 1.11% to 56,429.45

Markets rally as global sentiment improves; Sensex, Nifty rise 1.2%

Both foreign portfolio investors (FPIs) as well as domestic institutions were net buyers on Thursday

Dollar hits 20-year peak on yen as BOJ double-down super-low yield policy

There had been some market speculation the BOJ might step back a little given inflation was rising and other major central banks were tightening, but it showed no hesitation

Cash shifts pull rug under global equity markets, say strategists

World stocks recorded their worst quarter this year since the coronavirus pandemic unleashed havoc in March 2020, while US stocks are down nearly 12% from its peak earlier this year

Two-thirds of workers might seek new jobs if forced back to office: Survey

The findings track US data showing high levels of job turnover, as well as near-record vacancies as firms struggle to recruit and hold onto workers

World stocks hit five-week low, yields soar on Fed rate hike outlook

European Central Bank officials said on Thursday that the central bank might start hiking euro zone rates as early as July

Euro drops after ECB's mixed comments; dollar hits fresh 25-month high

ECB President Christine Lagarde struck a dovish tone by saying the central bank might need to cut its growth outlook

Dollar stands tall as US Federal Reserve eyes 50-basis-point hike

Federal Reserve Chairman Jerome Powell said on Thursday a 50-basis-point hike was on the table at its next meeting in May

US Dollar steadies after hitting fresh 20-year high on yen

The dollar's gains have been most striking against the yen, climbing to its highest level of 128.32 yen against the Japanese currency since May 2002

US dollar touches fresh two-year high on steep Fed rate hike view

The benchmark U.S. 10-year Treasury yield, meanwhile, touched a three-year high of 2.884%

US dollar continues to garner support from Fed hike expectations

The US rate futures market has priced in 96% chance of a 50 basis-point hike at next month's Fed policy meeting, and about 215 basis points in cumulative rate increases