Page 11 - Jerome Powell

Gold price rises Rs 330 to Rs 61,090, silver jumps Rs 800 to Rs 74,000

The price of 22-carat gold rose Rs 300, with the yellow metal selling at Rs 56,000

Gold price fall Rs 440 to Rs 60,760, silver declines Rs 300 to 73,200

The price of 22-carat gold slid Rs 400, with the yellow metal selling at Rs 55,700

Gold price dips Rs 160 to Rs 61,200, silver falls Rs 1,000 to Rs 73,500

The price of 22-carat gold slid Rs 150, with the yellow metal selling at Rs 56,100

Gold price dips Rs 170 to Rs 61,470, silver rises Rs 200 to Rs 74,200

The price of 22-carat gold fell Rs 150, with the yellow metal selling at Rs 56,350

Fed Chair Powell says strong economy may still require rate increases

Fed chief says geopolitical tensions are 'highly elevated'

Oil pares gains ahead of US Fed's comments on interest rate moves

U.S. West Texas Intermediate crude futures were largely steady, up just 12 cents to $90.91 a barrel, after also jumping more than a $1 in earlier trading, and after losing 92 cents on Friday

Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

CLOSING BELL ON AUG 28, 2023: Shares of Reliance Industries (down 1.4 per cent) and Jio Financial Services (down 0.97 per cent) ended as the top large-cap laggards amid profit booking

Powell delivers on expected lines; Indian markets to consolidate: Analysts

The US central bank, Powell said, is prepared to hike the benchmark rates and keep the borrowing costs high until inflation comes in the target range of 2%

Rupee, govt bonds seen steady as Jerome Powell's remarks factored in

The yield on the benchmark 10-year bond closed at 7.20 per cent on Friday

Fed's Powell says higher rates may be needed, will move 'carefully'

"It is the Fed's job to bring inflation down to our 2% goal, and we will do so," Powell said in a keynote address to the Jackson Hole Economic Policy Symposium

Another weak week: Indices end in losses over 5 trading sessions again

Sensex, Nifty down for fifth consecutive week

Sensex slides 366 pts, extends losing run to 5-weeks; Nifty tests 19,250

CLOSING BELL ON AUGUST 25, 2023: The BSE benchmark has shed 2.7 per cent or 1,797 points in the last five straight weeks. HDFC Bank, Larsen & Toubro and ITC were the major laggards on Friday.

Dollar loiters at two-month peak ahead of fed chair Jerome Powell's speech

Powell is likely to stress that policy outcome remains highly dependent on economic data

Stocks to Watch: Paytm, Reliance, BEL, Astra Microwave, Vedanta, ADF Foods

Stocks to watch on August 25, 2023: Paytm promoter Antfin is likely to sell a 3.6 per cent stake, or 23 million shares, in the fintech company via block deals today

Rupee sees highest single-day rise against US dollar in two months

Market now eyes the US Federal Reserve Chairman Jerome Powell's speech in Jackson Hole Symposium on Friday

Are equity markets pricing in rupee weakness and related risks?

Analysts say equity markets will begin baking in the negatives and weakness in the rupee if the US Fed chief Jerome Powell delivers a hawkish commentary at Jackson Hole later this week

Analysts turn cautious on Asian markets; India remains an outlier

Indian markets, analysts believe, are an outlier and can still justify expensive valuations amid a likely recovery in corporate earnings going ahead

Top headlines: FPIs stay invested in Indian equities, Fed might hike rate

Business Standard brings you the top headlines at this hour

Fed readies another rate hike in pivotal week for major central banks

Both Fed Chair Jerome Powell and ECB President Christine Lagarde have warned that inflation remains too high, forcing them to raise borrowing costs further

Fed may tighten financial rules after US bank failures, says Powell

Federal Reserve Chair Jerome Powell said Thursday that the central bank may have to tighten its oversight of the American financial system in the wake of the failure of three large US banks this spring. Powell said in prepared remarks delivered at a banking conference in Madrid that tougher regulations put in place after the 2007-2008 financial crisis have made large multinational banks much more resilient to widespread loan defaults, such as the bursting of the housing bubble that led to that crisis. But the collapse of Silicon Valley Bank, Signature Bank and First Republic Bank exposed different vulnerabilities that the Fed will likely address through new proposals, Powell said. He did not provide details, but other Fed officials have said banks should be required to hold more capital in reserve to guard against loan losses. Such proposals are likely to face resistance from the banking industry and some congressional Republicans, who argue that the Fed had the necessary tools to