Page 10 - Jerome Powell

Fed's balancing act could see rate cut in play even with sticky inflation

Others see a slowing economy and weakening job growth on the horizon, pushing the Fed to cut in order to support the labor market

US Fed keeps key rates unchanged at 5.25%-5.5% for 5th straight meeting

Fed still expects three rate cuts in 2024 despite sticky inflation, stronger economy

Gold price climbs Rs 10 to Rs 66,340, silver rises Rs 100 to Rs 77,400

The price of 22-carat gold also rose Rs 10 with the yellow metal selling at Rs 60,810

Slow US inflation retreat to bolster Fed Reserve's patience over rate cuts

Away from inflation, there are scant signs of stress in the economy. The latest jobs report pointed to moderating yet healthy employment growth that will keep consumer spending afloat.

Gold price climbs Rs 10 to Rs 65,570, silver rises Rs 100 to Rs 75,100

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 65,570

Gold price climbs Rs 10 to Rs 65,140, silver falls Rs 100 to Rs 74,400

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 65,140

Federal Reserve in no rush to cut interest rates, says Jerome Powell

In prepared testimony to a House panel Wednesday, the Fed chief said it will likely be appropriate to begin lower borrowing costs "at some point this year," but made clear they're not ready yet

US Federal Reserve releases scenarios for 2024 bank "stress tests"

Fed's annual 'stress tests' dictate how much capital banks need to be healthy and how much they can return to shareholders via share buybacks and dividends

US Federal Reserve wary of cutting interest rates too soon: Jerome Powell

Treasuries fell across all maturities at the open in Asia as Powell's comments underscored the likelihood that bond investors had overshot in pricing for rapid rate cuts

Sensex drops 354 pts in fag-end, Nifty below 21,800; RIL, Airtel weigh

Stock market highlights on February 5: Among sectors, the Nifty Pharma, and Auto indices rallied over 1 per cent each

Dollar hovers near seven-week high as Fed cut expectations shift to May

The dollar has been buoyed by U.S. economic data suggesting the Fed can wait longer before cutting interest rates

US Fed keeps key rates unchanged at 5.25%-5.5% for 4th straight meeting

FOMC said it is unlikely to start cutting rates without 'greater confidence' that inflation is moving 'sustainably' towards its long-term 2% target

US Federal Reserve sees interest rates staying high for some time

Fed policymakers acknowledged they were probably at the peak rate and would begin cutting in 2024

Mainstream economics' medieval inflation cure

In modern medicine, specific diagnosis leads to specific treatment, but mainstream economists hark back to the medieval approach, attributing all diseases to a common cause

Central banks have saved the world in the past. And will do so again

'Central banks will occupy an ever-more important position in the economic and security life of nations, if history is any guide'

Wall Street traders go all-in on great monetary pivot of this year

"This is a massive paradigm shift on Wall Street, with the most aggressive rate-hiking cycle in decades coming to an end," said Adam Sarhan, founder of 50 Park Investments

Gold price dips Rs 110, silver falls Rs 700, trading at Rs 75,000 per kg

The price of 22-carat gold fell Rs 100, with the yellow metal selling at Rs 56,650

Gold price falls Rs 1,090 to Rs 63,110, silver down Rs 2,000 at Rs 78,500

The price of 22-carat gold declined Rs 1,000, with the yellow metal selling at Rs 57,850

Gold price climbs Rs 220 to Rs 62,950, silver rises Rs 300 to Rs 79,500

The price of 22-carat gold climbed Rs 200, with the yellow metal selling at Rs 57,700

Fed to move 'carefully' on rates, 'soft landing' taking shape: Powell

Powell and Fed Governor Lisa Cook, who earned her bachelor's degree at Spelman College, were scheduled to participate in a roundtable discussion with local entrepreneurs later on Friday