Page 6 - Federal Reserve

Dollar eases from 7-week highs as traders weigh Federal Reserve's rate path

The euro inched 0.2% higher to $1.099225, not far from the seven-week low of $1.09515 hit last week. The pound was at $1.31, after hitting a three-week low of $1.30595 on Monday

US benchmark 10-year Treasury yield rise to 4%, keeps equity bulls in check

Markets slashed bets on a 50-basis-point rate cut at the Federal Reserve's next policy announcement on Nov. 7 - which had been above 50 per cent a week ago

Foreign investors to step up Indian bond purchases in H2 as rate cuts close

Foreign funds bought debt worth 718 billion rupees in the first half of fiscal 2025, according to clearing house data, and investors expect purchases to jump by up to 40% in the second half

Fed's Powell set to speak as economists fret about a policy mistake

Powell is scheduled to address the association at 12:55 p.m

Gold price climbs Rs 10 to Rs 77,460, silver rises Rs 100 to Rs 96,100

The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 71,010

Indian bond yields may partly reverse fall as US peers move higher

US bond yields rose, as traders booked profits after a recent fall, and as yields witnessed a floor. However, the possibility that the Fed could do another outsized rate cut remain intact

Gold prices rise Rs 10 to Rs 75,120, silver jumps Rs 100 to Rs 92,600

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,860

Weekend high: Strong FPI inflows lift benchmark equities, Indian rupee

Foreign investors bet Rs 14,064 cr, most in a day in 3 yrs; rupee posts biggest weekly gain in '24

US Fed rate cut to help emerging nations in taking similar step: CRISIL

The US Fed rate cut of 50 basis points will make it easier for the central bank in emerging countries, including India, to slash key policy rates, Crisil Chief Economist D K Joshi said on Thursday. Joshi also said Crisil is expecting food inflation to come down for FY25 if monsoon does not play spoilsport at the end of the season. "US Fed rate cut makes it easier for central banks in emerging countries, including India, to cut rates. But rate cuts in India, I think, will happen when there is a durable reduction in food inflation. And we do expect durable inflation to take place because higher than normal monsoon rains are playing out this year. So, the stars have aligned for rate cuts to happen in India," Joshi told PTI. "Our forecast is that the RBI may cut key policy rates within this calendar year," he said. Late Wednesday, the US Federal Open Market Committee voted to cut the federal funds rate target range by 50 bps to 4.75-5 per cent, from 5.25-5.50 per cent, against ...

Indian firms use currency swap to lower borrowing costs as Fed cuts kickoff

The banker did not want to be named because he is not authorized to speak to the media

US Fed slashes interest rates by 50 bps for the first time since 2020

Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, and another full percentage point in 2025

Asian stocks and dollar gain as Fed Reserve charts 'soft landing' path

Futures rose 0.6 per cent in the Asia day and Nasdaq futures were up 0.9 per cent

Gold price dips Rs 10to Rs 74,720, silver falls Rs 100 to Rs 90,900

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 68,490

Fed's bold move reshapes policy horizon for counterparts around the world

In emerging markets, the Fed's half percentage point cut offers reduced pressure on exchange rates

With Fed's rate cut at hand today, debate swirls over how big a move

A half-percentage-point cut - now given more than a 60% probability in rate futures markets - would signal a commitment to sustaining the current economic expansion and the job growth

Dollar cedes overnight gains, Asia stocks mixed as Fed looms large

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.05per cent

Gold prices climb Rs 10 to Rs 74,880, silver jumps Rs 100 to Rs 91,900

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,640

Rupee expected to remain steady ahead of US Fed decision this week

The 1-month non-deliverable forward indicated that the rupee will open at 83.87-83.88 to the US dollar

Will Fed cut interest rates fast enough to deliver a 'soft landing'

American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it's cutting its key interest rate from a two-decade peak. It's likely to be just the first in a series of rate cuts that should make borrowing more affordable now that the Fed has deemed high inflation to be all but defeated. Consider Kelly Mardis, who owns Marcel Painting in Tempe, Arizona. About a quarter of Mardis' business comes from real estate agents who are prepping homes for sale or from new home buyers. Customer queries, he recalls, quickly dropped almost as soon as the Fed started jacking up interest rates in March 2022 and then kept raising rates through July 2023. As the housing market contracted, Mardis had to lay off about half his staff of 30. It was the worst dry spell he had experienced in 14 years. After the Fed begins cutting rates on Wednesday, Mardis envisions brighter times ahead. Typically,

Gold prices climb Rs 10 to Rs 74,460, silver jumps Rs 100 to Rs 89,600

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,260