Page 10 - Us Fed
Crude oil falls almost 3%, still set for weekly gain on demand hopes
The US Federal Reserve indicated it will raise interest rates further next year, even as the economy slips toward a possible recession. On Thursday, the Bank of England and the European Central Bank r
 "Crude oil falls almost 3%, still set for weekly gain on demand hopes")
Fed lifts rates by half percentage point, sees economy nearing stall speed
Only two of 19 Fed officials saw the benchmark overnight interest rate staying below 5% next year
 "Fed lifts rates by half percentage point, sees economy nearing stall speed")
Sensex down 208 pts, Nifty below 18,650 day head of RBI decision; PSBs gain
CLOSING BELL: Among sectors, the Nifty IT index fell 1.5 per cent, while the Nifty PSU Bank index gained 1.2 per cent
 "Sensex down 208 pts, Nifty below 18,650 day head of RBI decision; PSBs gain")
Crypto wrap: Positive commentary from Jerome Powell keeps market stable
In the last 7 days, Bitcoin (BTC) rose over 3 per cent and was trading at $16,970 on Friday. Ethereum (ETH) was up nearly 9 per cent and was trading at $1,280
 "Crypto wrap: Positive commentary from Jerome Powell keeps market stable")
Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine
CLOSING BELL: Global cues triggered by Powell's positive remarks boosted sentiment. The Sensex scaled a new high at 63,583, while the Nifty 50 came within striking distance of 18,900 on Thursday.
 "Benchmarks extend record breaking run; Nifty tops 18,800; IT, metals shine")
US Fed needs to cut interest rates immediately as recession looms: Musk
Elon Musk on Wednesday said the US Federal Reserve needs to immediately cut interest rates as a severe recession is looming, ahead of the speech by Fed Chair Jerome Powell at a US event on the outlook
 "US Fed needs to cut interest rates immediately as recession looms: Musk")
Over Rs 5,000-cr IPOs may hit mkts in Dec as investor sentiment perks up
Primary market momentum seen sustaining in an otherwise 'lacklustre' month
 "Over Rs 5,000-cr IPOs may hit mkts in Dec as investor sentiment perks up")
S&P Global Ratings lowers India's FY23 GDP growth forecast to 7%
Says domestic demand recovery will support growth
 "S&P Global Ratings lowers India's FY23 GDP growth forecast to 7%")
Nifty, Sensex close at fresh lifetime highs after sharp late surge
US Fed minutes indicate slower pace of rate hikes, investors cheer
 "Nifty, Sensex close at fresh lifetime highs after sharp late surge")
Will Sensex and Nifty scale new highs before 2022 ends?
Key benchmark indices are now within a striking distance of touching all-time highs after Friday's rally. Let's delve into the factors that can lead the benchmarks to new summits in the near term
 "Will Sensex and Nifty scale new highs before 2022 ends?")
TMS Ep296: Stubble fires, Douglas Diamond, markets, RBI letter to govt
Why can't Punjab put out stubble fires? What does Douglas Diamond think of dominance of PSBs? Is geopolitics a big worry for markets? Why RBI has to write to the govt over inflation? Answers here
 "TMS Ep296: Stubble fires, Douglas Diamond, markets, RBI letter to govt")
Bond yields track US peers on Federal Reserve interest rate hike
Total trade volumes in the regular secondary bond market were at Rs 21,150 crore on Thursday
 "Bond yields track US peers on Federal Reserve interest rate hike")
Fed hikes rate again by 75 basis points, hints at entering end phase
On Wednesday, US Fedral Bank increased repo rate by 75 basis points, taking the key repo rate to 4 per cent
 "Fed hikes rate again by 75 basis points, hints at entering end phase")
Rupee likely to open flat amid more losses in yuan, focus on Fed meeting
The rupee is expected at open around 82.76-82.82, compared with 82.7800 in the previous session. The local unit witnesses a late selloff on Monday
 "Rupee likely to open flat amid more losses in yuan, focus on Fed meeting")
Rupee weakness likely to pressure RBI on 50-bps rate hike: Analysts
Currency closes at 81.85/$, 9 p higher than previous close
 "Rupee weakness likely to pressure RBI on 50-bps rate hike: Analysts")
India, US 10-year yield spread at its lowest in 12 years, shows data
The current spread is nearly 142 bps lower than the 10-year average spread of 518 bps, and 66 bps lower than the 20-year average spread of 442.3 bps
 "India, US 10-year yield spread at its lowest in 12 years, shows data")
Gap widens between US, India on interest rate hikes since pandemic low
US has hiked rates by 75 basis points on Wednesday to help keep inflation in check
 "Gap widens between US, India on interest rate hikes since pandemic low")
Indices jump even as crucial Fed meet gets underway; Sensex up 578 points
Financials and pharma stocks led the advance amid positive flows from foreign portfolio investors
 "Indices jump even as crucial Fed meet gets underway; Sensex up 578 points")
Global stock markets can retest June 2022 lows, cautions Chris Wood
Most global markets have staged a smart recovery since their June 2022 lows. The S&P BSE Sensex has outperformed its peers with a rise of around 13 per cent since then
 "Global stock markets can retest June 2022 lows, cautions Chris Wood")
Fed expected to stick to aggressive rate hikes as inflation stays hot
A 75 bps increase at the Fed's Sept. 20-21 meeting would put the policy target in the 3%-to-3.25% range, above the level that most policymakers believe will start biting into economic growth
 "Fed expected to stick to aggressive rate hikes as inflation stays hot")