Page 30 - Federal Reserve
BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities
A BofA September Global Fund Manager Survey for September suggests that 58 per cent of those surveyed say the market is in a bull-phase - up from 25 per cent who believed so in May.
 "BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities")
Federal Reserve to target 2% average inflation, elevates focus on jobs
Under the new approach, the US central bank will seek to achieve inflation averaging 2% over time, offsetting below-2% periods with higher inflation "for some time"
 "Federal Reserve to target 2% average inflation, elevates focus on jobs")
Markets fixated about inflation but it is the wrong bogeyman to worry about
Voices crying about inflation and currency debasement should be treated with caution.
 "Markets fixated about inflation but it is the wrong bogeyman to worry about")
Wall Street rises on upbeat earnings as Fed looms; Nasdaq up over 1%
Of the 163 S&P 500 firms that have reported results, 79.1 per cent have surpassed a low bar of quarterly profit expectations, according to Refinitiv IBES data
 "Wall Street rises on upbeat earnings as Fed looms; Nasdaq up over 1%")
Ben Bernanke writes: US has to help it states for economic recovery
Congress must act decisively to avoid repeating mistakes of the recovery from the Great Recession, writes former chairman of the Federal Reserve
 "Ben Bernanke writes: US has to help it states for economic recovery")
Federal Reserve officials suggest recovery of US economy may be stalling
Seemingly rapid rebound in jobs, retail sales and some other measures of activity in May and June may not persist, recent data shows.
 "Federal Reserve officials suggest recovery of US economy may be stalling")
Running on 'hopium': Explaining the market rally in Wall Street's terms
'Every time the stock market starts to sell off, the Federal Reserve responds with some accommodative policy,' said Mike O'Rourke, chief market strategist at JonesTrading
 "Running on 'hopium': Explaining the market rally in Wall Street's terms")
After jolt, investors still see stocks as long-term bet amid Covid-19 risks
Stocks opened sharply higher on Friday, but then lost those gains by mid-afternoon
Pandemic matters much more for mkts, economies than trade war: Dan Fineman
'From a six-12 month view, the markets can rise above the current levels on easing lockdowns and aggressive policy response'
 "Pandemic matters much more for mkts, economies than trade war: Dan Fineman")
Market Ahead, May 14: All You Need To Know Before The Opening Bell
A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today
 "Market Ahead, May 14: All You Need To Know Before The Opening Bell")
US Federal Reserve won't take rates negative, say fund managers, economists
Fed funds futures, which are a gauge of where markets expect the Fed's benchmark overnight lending rate to be, are now pricing in a slightly negative rate environment beginning in December
 "US Federal Reserve won't take rates negative, say fund managers, economists")
Covid-19: Apple issues cheapest bonds in years to fund buy-backs, dividends
The technology company raised $8.5 billion by selling four different bonds with maturities ranging from three years to 30 years
 "Covid-19: Apple issues cheapest bonds in years to fund buy-backs, dividends")
Market Ahead, April 27: Top factors that could guide markets this week
According to a Business Standard report, the government will give out new official economic growth and budgetary projections in July or later
US Fed announces more measures to ease dollar crunch, liquidity strains
The Fed also announced its latest effort to reassure dealers and other financial institutions that it will provide as much liquidity as needed to keep markets functioning smoothly.
 "US Fed announces more measures to ease dollar crunch, liquidity strains")
India's economic policy response to Covid-19 lags global peers: Edelweiss
"We think Indian policymakers must catch up and that too in a short time," analysts at the brokerage firm wrote.
 "India's economic policy response to Covid-19 lags global peers: Edelweiss")
US dollar falls after Federal Reserve cuts interest rates to near zero
The US Federal Reserve cut rates to a target range of 0% to 0.25% and said it would expand its balance sheet by at least $700 billion in coming weeks
Fed slashes rates in emergency coronavirus move; US death toll hits 62
Policymakers were not due to hold their next interest-rate setting meeting until March 17-18.
 "Fed slashes rates in emergency coronavirus move; US death toll hits 62")
Donald Trump congratulates US Fed for rates cut, calls action 'terrific'
US President Donald Trump congratulated the central bank for taking further action aimed at helping shore up the US economy
 "Donald Trump congratulates US Fed for rates cut, calls action 'terrific'")
Fed may go into its crisis tool kit to ensure smooth ops of financial mkts
Some steps the Fed can take on its own under existing authority, while others might require partnering with the Treasury Department or expanded authority from Congress
US businesses show growing concern over impact of coronavirus, Fed survey
The Fed cut interest rates by a half percentage point on Tuesday in an emergency move to mitigate the possible economic effects of the flu-like illness on the world's largest economy