Us Fed

Best of BS Opinion: RBI strategy, Greenspan's legacy, and Kolkata's renewal

Today's opinions explore India's forex reserve strategy, Alan Greenspan's complex legacy, West Bengal's urban renewal agenda, maize-led farm growth and China's coercive diplomacy

Alan Greenspan, who led Fed during boom before 2008 bust, dies at 100

Greenspan, who led the US Federal Reserve from 1987 to 2006, was celebrated for steering economic expansion but later faced criticism over the financial crisis that followed

US Fed's key inflation gauge likely to show rising price pressures

Forecasters expect the personal consumption expenditures price index, due Thursday, to show acceleration on both a monthly and year-over-year basis in May

Best of BS Opinion: G7 Summit delivers surprisingly constructive outcomes

Today's opinions examine the G7 summit, a changing US Federal Reserve, Karnataka's development priorities, India's infrastructure model and Indira Jaising's constitutional journey

A new US Fed: Central bank aims to reform functioning as Marsh takes charge

Aside from the shifts, one of the biggest takeaways from the Fed statement and Mr Warsh's first press conference as its chairman was the firm commitment to price stability and the 2% inflation target

Fed begins Warsh era by keeping rates on hold, sees a hike later this year

The Fed kept rates unchanged but signalled a possible hike later this year as inflation concerns persisted under new Chair Kevin Warsh

Kevin Warsh faces tenuous balancing act in first Fed meeting as chairman

Kevin Warsh faces a delicate debut as Fed chief, balancing inflation risks, market expectations and Trump's calls for lower rates

Inflation data, US Fed rate decision likely to drive markets this week

Market investors would keenly track inflation data, the US Fed interest rate decision, and trends in crude oil prices to determine further movement, analysts said. Besides, the status of the US-Iran deal signing on Sunday, trading activity of foreign investors and movement in global markets would also drive sentiments in domestic equities, experts noted. "On the domestic front, investors will monitor the release of May WPI inflation data," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Globally, the US Federal Reserve's policy decision will be the most significant event, he added. US President Donald Trump has said a deal to end the war with Iran would be signed on Sunday and that the strategic Strait of Hormuz would be "open to all" immediately afterwards. At the same time, Trump kept the threat of fresh attacks dangling if the deal failed to pan out as expected. Markets are likely to remain highly sensitive to developments surrounding the proposed USIran agreement, Pon

US Fed chair nominee Warsh set to get Senate nod as inflation intensifies

Fed Governor Stephen Miran, currently the central bank's biggest advocate of rate cuts, will vacate his spot on the board to make room for Warsh

Why Powell chose a high-stakes path to stay at Fed after chair term ends

The question now is whether Powell's continued presence at the Fed will further inflame tensions between the administra- tion and the central bank

US Fed, G7 central banks likely to keep interest rates on hold this week

Three days of decisions in Washington, Ottawa, London, Frankfurt and Tokyo are widely anticipated to result in unchanged borrowing costs across the club of rich nations

Best of BS Opinion: Leadership change at US Fed will test global markets

From leadership shifts at the US Federal Reserve and Apple to rupee management, GST rate cuts and climate discourse, today's Opinion page captures key economic and policy debates

US Fed nominee Warsh says he'll 'absolutely not' be Trump's stock puppet

Warsh was responding to a question from Senator John Kennedy of Louisiana about whether he would be a "sock puppet" for the president. "Absolutely not," Warsh responded

Iran war, oil shock: What US Fed's move means for equities, bonds, gold?

Fed signals 'higher for longer' rates. Analysts decode how investors can navigate equities, bonds, and gold amid inflation risks and market volatility due to Iran war

No plans to leave Fed until justice department investigation over: Powell

"I have no intention of leaving the board until the investigation is well and truly over, with transparency and finality," Powell said

Trump warns Powell won't be 'very happy' if he stays on at Federal Reserve

The Trump administration has intensified its fight against the current Fed chair, issuing subpoenas hinting at a possible criminal probe into the central bank's renovation of Washington headquarters

Trump may name next Fed chair as early as next week: US Treasury chief

Trump has sharply criticized Jerome Powell, whose term as Fed chair ends in May, for not lowering interest rates fast enough

BlackRock's Rick Rieder bid for US Federal Reserve chair gainining momentum

The search is now a four-man race, some of the people said, among Rieder, National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller and former governor Kevin Warsh

Global central bank chiefs rally behind Fed chair Powell after Trump threat

Powell has been threatened with a probe over congressional testimony he gave last summer about the renovation of the Fed's headquarters

Jeanine Pirro going after Fed's Jerome Powell, heedless of backlash

The probe elicited objections from lawmakers and comments from President Donald Trump that suggest he's trying to distance himself from the matter