Page 5 - Federal Reserve
Rupee hits 5 month high; logs biggest single-day gain in 29 months
10 year govt bond yield fall 23 bps in April
 "Rupee hits 5 month high; logs biggest single-day gain in 29 months")
US Fed could be in 'difficult' spot with higher prices, slower hiring
The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month's meeting. The minutes, released Wednesday, said that the Fed could keep its benchmark interest rate unchanged if inflation remained stubbornly elevated. And they said it could cut its rate if growth slowed and unemployment rose. The minutes were for the Fed's March 18-19 meeting. But if both happened at the same time, the Fed may face difficult tradeoffs, some of the 19 officials on the central bank's interest-rate setting committee said. Rising unemployment can often lead to a recession, when the Fed would normally slash its key rate to support more borrowing and spending and stimulate the economy. Yet Fed officials would likely be reluctant to cut if inflation rose, because it usually seeks to cool higher prices by keeping its key rate unchanged or even raising it if necessary. The minutes ..
 "US Fed could be in 'difficult' spot with higher prices, slower hiring")
Private sector forecasters see greater recession risk: Fed's Jerome Powell
Powell further said that he is not going to leave the chairmanship of the central bank before his term comes to an end. "I fully intend to serve all of my term," he said
 "Private sector forecasters see greater recession risk: Fed's Jerome Powell")
AI advances and layoffs: Is the white-collar job market shrinking?
Unemployment rate for college graduates has risen faster than for other workers in recent years
 "AI advances and layoffs: Is the white-collar job market shrinking?")
Gold dips Rs 10, silver down Rs 100; yellow metal trading at Rs 89,610
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 82,140
 "Gold dips Rs 10, silver down Rs 100; yellow metal trading at Rs 89,610")
The US Federal Reserve is driving blind as policy uncertainty dominates
On tariffs, prognosticators are struggling to understand the logic and legal basis behind Trump's so-called "reciprocal tariff" plan set for April 2
 "The US Federal Reserve is driving blind as policy uncertainty dominates")
Gold price climbs Rs 10 to Rs 90,670, silver rises Rs 100 to Rs 1,05,200
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 83,110
 "Gold price climbs Rs 10 to Rs 90,670, silver rises Rs 100 to Rs 1,05,200")
Gold price climbs Rs 10 to Rs 90,450, silver rises Rs 100 to Rs 1,05,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 82,910
 "Gold price climbs Rs 10 to Rs 90,450, silver rises Rs 100 to Rs 1,05,100")
Gold price climbs Rs 10 to Rs 90,010, silver rises Rs 100 to Rs 1,04,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 82,510
 "Gold price climbs Rs 10 to Rs 90,010, silver rises Rs 100 to Rs 1,04,100")
Gold price climbs Rs 10 to Rs 88,590, silver rises Rs 100 to Rs 1,01,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 81,210
 "Gold price climbs Rs 10 to Rs 88,590, silver rises Rs 100 to Rs 1,01,100")
Gold price dips Rs 10 to Rs 87,480, silver falls Rs 100 to Rs 97,900
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 80,190Gold price today, Gold price, silver price, gold, silver, Chennai, Delhi, Bengaluru, Kolkata, Mumbai, Hyde
 "Gold price dips Rs 10 to Rs 87,480, silver falls Rs 100 to Rs 97,900")
Former Fed employee arrested for leaking US trade secrets to China: US DoJ
US Department of Justice stated that on February 4, 2020, in response to questioning by the FRB-OIG, Rogers lied about his accessing and passage of sensitive information and his associations
Gold rises Rs 10 to Rs 82,860, silver falls Rs 100 to Rs 96,400 per kg
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 75,960
 "Gold rises Rs 10 to Rs 82,860, silver falls Rs 100 to Rs 96,400 per kg")
Gold price dips Rs 10 to Rs 81,920, silver falls Rs 100 to Rs 96,400
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 75,090
 "Gold price dips Rs 10 to Rs 81,920, silver falls Rs 100 to Rs 96,400")
I know interest rates better than Fed chief Jerome Powell, says Trump
Trump's comments came hours after he delivered a video address to the world's elite at the World Economic Forum in Davos, Switzerland, where he called for an immediate drop in interest rates
 "I know interest rates better than Fed chief Jerome Powell, says Trump")
IMF chief forecasts steady world growth in 2025, continuing disinflation
With inflation moving closer to US Federal Reserve's target, and data showing a stable labor market, the Fed could afford to wait for more data before undertaking further interest rate cuts, she said
 "IMF chief forecasts steady world growth in 2025, continuing disinflation")
Markets Today: TCS, IREDA Q3; Fed Dec minutes; Standard Glass IPO allotment
In the previous session, the Sensex ended at 78,141.06, registering a decline of 58 points or 0.07 per cent, while the Nifty50 closed at 23,688.95, down 19 points or 0.08 per cent
 "Markets Today: TCS, IREDA Q3; Fed Dec minutes; Standard Glass IPO allotment")
Fed's Michael Barr to resign early to avoid legal fight with Trump
Barr's early exit now clears the way for Trump, who will be sworn in on Jan. 20, to appoint an entirely fresh slate of banking regulators and begin work on a more industry-friendly agenda
 "Fed's Michael Barr to resign early to avoid legal fight with Trump")
Fed cuts key interest rates by 0.25%; reverse repo rate lowered to 4.25%
Analysts believe the largely expected adjustment is a bid by the Fed to nudge cash out of a facility that's widely viewed as a proxy for excessive liquidity in the financial system
Markets today: Nasdaq; Toss The Coin, Jungle Camps listing; US Fed meeting
Early indicators point to a weaker start, as GIFT Nifty futures were trading 51 points lower at 24,687 around 6:31 AM
 "Markets today: Nasdaq; Toss The Coin, Jungle Camps listing; US Fed meeting")