Page 2 - Us Fed
Trump makes final push for court approval to fire Fed's Lisa Cook
Trump last week asked the Washington-based appeals court to temporarily pause a lower court's Sept. 9 injunction blocking him from firing Cook
 "Trump makes final push for court approval to fire Fed's Lisa Cook")
Asia stocks gain, bonds fall as traders judge odds of bigger Fed cut
Gold caught its breath after Tuesday's record high, while the dollar ticked higher, with two crucial days of US inflation figures
 "Asia stocks gain, bonds fall as traders judge odds of bigger Fed cut")
'Gold may consolidate, but bias stays positive on Fed rate-cut hopes'
Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added. "Gold prices may continue to see some consolidation, but the bias is expected to remain positive. The US Federal Chair Jerome Powell's comments have raised expectations of an interest rate cut at the September meeting," said Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services. Investors will keep track of geopolitical and trade developments, he added. "Markets will watch closely the Russia-Ukraine peace progress and the implementation of additional tariffs on
 "'Gold may consolidate, but bias stays positive on Fed rate-cut hopes'")
US Fed rate cut hopes, tariff moves likely to drive markets this week
Indication of a potential US Federal Reserve rate cut may trigger optimism in the domestic equity market, with investors' attention shifting to the looming deadline for additional US tariffs on Indian goods in a holiday-shortened week ahead, analysts said. Moreover, trading activity of foreign investors, global trends and macroeconomic data announcements will also dictate trends during the week. Equity markets would remain closed on Wednesday for Ganesh Chaturthi. "Positive global cues are likely to provide some support, as US markets rallied sharply and the dollar index weakened after Federal Reserve Chair Jerome Powell hinted at potential rate cuts in his Jackson Hole Symposium speech. "Another key factor to watch will be the August 27 deadline regarding the US plan to impose an additional 25 per cent tariff on Indian exports. With clarity still lacking, FII participation may remain subdued. Alongside this, macroeconomic data from the US, China, and India will also be closely ...
 "US Fed rate cut hopes, tariff moves likely to drive markets this week")
Bessent sees no reason for Jerome Powell to step down from US Fed now
The Treasury chief on Monday called for an internal review of the Fed's non-monetary activities, including the renovation project
 "Bessent sees no reason for Jerome Powell to step down from US Fed now")
Fed keeps Trump waiting as central banks worldwide begin rate cuts
The US president's tariff onslaught is likely to force further measured easing in coming months by most of the 23 central banks featured in this quarterly guide on the global monetary outlook
 "Fed keeps Trump waiting as central banks worldwide begin rate cuts")
Trump slams Powell, says he'll pick a Fed chair who wants to cut rates
Trump has unleashed a pressure campaign on the central bank to cut rates, repeatedly assailing Powell and arguing the Fed's policies are keeping government borrowing costs too high
 "Trump slams Powell, says he'll pick a Fed chair who wants to cut rates")
Stock market highlights: Bulls roar at D-Street; Sensex jumps 1,000 pts; Nifty at 25,549; banks gain
Stock market highlights on Thursday, June 26, 2025: Bank Nifty jumped 1.13 per cent to scale an intra-day high of 57,263.45, before ending at 57,206.70, up 1.03 per cent
 "Stock market highlights: Bulls roar at D-Street; Sensex jumps 1,000 pts; Nifty at 25,549; banks gain")
Fed pause leaves Wall Street guessing when rate cuts might finally come
A fourth straight meeting without a cut could provoke another tirade from President Donald Trump
 "Fed pause leaves Wall Street guessing when rate cuts might finally come")
Oil prices rise on US jobs data and renewed China trade discussions
Brent crude futures gained $1.28, or 1.96 per cent, to $66.62 a barrel by 1649 GMT. US West Texas Intermediate crude climbed $1.34, or 2.11 per cent, to $64.71
 "Oil prices rise on US jobs data and renewed China trade discussions")
Treasury yields rise; stocks, dollar fall amid tax bill, US downgrade focus
The US dollar weakened broadly, hitting a more than one-week low against the safe-haven yen, Swiss franc and euro. Against the Japanese yen, the dollar was down 0.38 per cent at 145.06
 "Treasury yields rise; stocks, dollar fall amid tax bill, US downgrade focus")
US Fed holds rates steady: Key highlights | Jerome Powell | US Fed interest rates | US Economy
US Federal Reserve kept its benchmark rates steady at 4.25% – 4.5%. Watch the video to know the key highlights from the US Federal Reserve's May meeting.
 "US Fed holds rates steady: Key highlights | Jerome Powell | US Fed interest rates | US Economy")
Fed won't be rushed, outlook depends on White House, says Jerome Powell
The rate-setting panel voted unanimously to keep the benchmark federal funds rate in a range of 4.25 per cent to 4.5 per cent, where it's been since December
 "Fed won't be rushed, outlook depends on White House, says Jerome Powell")
Gold price jumps ₹2,400 to ₹99,750-10g ahead of US Fed policy decision
Gold prices surged Rs 2,400 to Rs 99,750 per 10 grams in the national capital on Tuesday due to persistent buying by jewellers and stocks, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had ended at Rs 97,350 per 10 grams. Extending the gains for the third straight day, gold of 99.5 per cent purity jumped Rs 2,400 to Rs 99,300 per 10 grams on Tuesday. It had closed at Rs 96,900 per 10 grams in the previous close. "Gold prices edged higher as safe-haven demand returned following President Donald Trump's announcement of fresh tariff plans. "The proposed measures include duties on pharmaceutical imports and a steep 100 per cent tariff on movies produced outside the United States -- a move that stoked concerns over renewed trade tensions and their potential impact on global growth," Abans Financial Services' Chief Executive Officer Chintan Mehta said. As per the Sarafa Association, silver prices also climbed Rs 1,800 to Rs 98,500 p
 "Gold price jumps ₹2,400 to ₹99,750-10g ahead of US Fed policy decision")
Jerome Powell draws applause on independence at closed-door IMF meeting
Powell delivered an impassioned defense of central bank independence when he addressed policymakers and finance ministers during a meeting on Friday
 "Jerome Powell draws applause on independence at closed-door IMF meeting")
IMF economist backs central bank independence after Trump's remarks
Pierre-Olivier Gourinchas said central banks faced a delicate moment in managing inflation, especially in countries like the United States
 "IMF economist backs central bank independence after Trump's remarks")
Trump says Fed chair Powell's termination can't 'come fast enough!
Trump, in a post on his social media platform Truth Social, reiterated his stance on rate cuts, saying that Powell should have lowered interest rates
 "Trump says Fed chair Powell's termination can't 'come fast enough!")
Treasuries, US dollar see fall as Trump's trade war sparks recession fears
US stocks were in positive territory early, with investors weighing whether recent sharp selling may have been overdone, although trading remained choppy as it has been all week
Risk of a waterfall decline in the US stock market is rising: Chris Wood
Tariff hikes are plain news as the historic precedent of the Smoot-Hawley Tariff Act of 1930 highlights. This is an impoverishment day, not a liberation day, Wood said in his weekly note GREED & fear.
 "Risk of a waterfall decline in the US stock market is rising: Chris Wood")
Larger tariffs may fuel inflation, dampen growth: Fed's Jerome Powell
Powell said it was not the Fed's role to comment on the Trump administration's policies but rather to react to how they might affect an economy that he and his colleagues made comment about
 "Larger tariffs may fuel inflation, dampen growth: Fed's Jerome Powell")