Powell offered no hints on whether he might support a rate cut at the Fed's next meeting, in October
The rupee fell to 88.13 per dollar after the US Fed's hawkish 25 bps cut, ending a four-day rally, as bond yields rose on selling by dealers and supply-demand mismatch
Federal Reserve Chair Jerome Powell cut rates by 25 bps but left investors uncertain on future easing, citing inflation risks as markets priced in deeper reductions
Stock Market Highlights on September 18, 2025: Among the broader markets, the Nifty Midcap100 and Smallcap100 indices settled with gains of 0.38 per cent and 0.29 per cent, respectively
Earlier, Trump indicated that while he had some idea of who he wanted to pick for the position, he was committed to an interview process
Trump dismissed Federal Governor Lisa Cook on charges of mortgage fraud. Her removal comes at a time when Trump has been trying to ramp up efforts to exert control over the US Fed
Sensex Today | Stock market closing highlights, Aug 26, 2025: In the broader markets, the Nifty MidCap index fell 1.62 per cent and the Nifty SmallCap index slipped 2.03 per cent
Investors will monitor comments from Fed officials at public events in the coming week to gauge their appetite for a September rate cut
The rupee depreciated by 0.3% as the dollar strengthened, amid concerns over upcoming US tariffs and ahead of Jerome Powell's speech at Jackson Hole
Powell's comments opened the door to a rate cut at the Fed's September 16-17 meeting, but also underlined the importance of the jobs and inflation data that will be available by then
Powell's highly anticipated remarks didn't appear to match the expectations of investors who are betting the Fed will deliver its first interest-rate cut of the year at the Sept
The BSE Sensex tumbled 571 points in the intraday to hit a low of 81,429.33. The NSE Nifty50 also slipped below the 25,000 mark
Stock Market Highlights on Friday, August 22, 2025: The BSE Sensex and Nifty ended the 6-day winning run on profit-taking in FMCG, bank and metal shares. Broader indices, however, saw limited losses.
While bulls are attempting to trigger a recovery, analysts believe that bearish sentiment still dominates the broader crypto market
Financial markets are looking out for Powell to provide clues about the likelihood of a September rate cut
Powell's high-stakes balancing act will be on full display on Friday when he makes his final address as Fed chair to the world's leading economic policymakers
The dollar index, measuring the currency against a basket of peers, fell 0.2 per cent to 97.81, its lowest since July 28, extending its 0.5 per cent drop on Tuesday
Trump in a social media post on Tuesday resumed his criticism of the Fed chair over the central bank's decision to hold interest rates steady and again hammered Powell over the renovation work
After firing Bureau of Labour Statistics chief McEntarfer over weak jobs data and criticising Fed chair Powell, Trump signals new key appointments
Trump and his allies have applied intense pressure on the Fed and Chair Jerome Powell to lower interest rates, which policymakers have declined to do so far this year