Page 2 - Us Fed
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")
US Fed's wait-and-see approach gives respite to tariff-struck investors
Fed policymakers signaled a cautious stance of their own on Wednesday at a policy meeting that left interest rates unchanged but acknowledged rising risks to both growth and inflation
US Fed holds interest rates steady amid projected growth slowdown
Taking stock of the Trump administration's rollout of tariffs, Fed officials actually marked up their outlook for inflation this year
 "US Fed holds interest rates steady amid projected growth slowdown")
Federal Reserve could cut interest rates this year, but for 'bad' reasons
Even as the economy undergoes what may be wrenching changes, the Federal Reserve on Wednesday is expected to signal it could cut its key interest rate twice this year - the same forecast it issued in December. Yet the reasons for those cuts may change dramatically, depending on how the economy fares. What were once seen as good news rate reductions in response to a steady decline in inflation back to the Fed's target of 2%, now could become bad news cuts that would be implemented to offset an economy struggling in the wake of widespread tariffs, rapid cuts in government spending, and a spike in economic uncertainty. At the end of last year, the Fed reduced its key interest rate three times to about 4.3% from 5.3%. The Fed had rapidly raised its rate to combat inflation, and as price growth headed lower, that allowed the central bank to reverse some of those rate hikes. In September, inflation dropped to a 3 1/2 year low of 2.4%. Yet inflation then marched higher for four straight .
 "Federal Reserve could cut interest rates this year, but for 'bad' reasons")
Wall Street falls on worries about Trump's tariffs, Fed meeting in focus
The Fed's two-day rate-setting meeting kicks off on Tuesday, and expectations are that the central bank will keep interest rates steady
 "Wall Street falls on worries about Trump's tariffs, Fed meeting in focus")
US Fed expected to cut rates twice this year, starting in September
Fed officials have signaled they may be on hold for some time amid uncertainty around President Donald Trump's economic policies, particularly on trade
 "US Fed expected to cut rates twice this year, starting in September")
US judge orders DOGE, Musk to produce records about cost-cutting ops
Wednesday night's decision by US District Judge Tanya Chutkan in Washington, D.C., came in a lawsuit by 14 Democratic state attorneys general against Musk, DOGE and Republican President Donald Trump
 "US judge orders DOGE, Musk to produce records about cost-cutting ops")
Trump to nominate Bowman for Fed's top bank cop, says White House official
Before joining the Fed, Bowman served as the state bank commissioner of Kansas for a year and a half, before which she spent several years as vice president of Farmers & Drovers Bank
 "Trump to nominate Bowman for Fed's top bank cop, says White House official")
US consumer prices index jumps 0.5% in Jan after 0.4% gain in Dec
The consumer price index jumped 0.5 per cent last month after gaining 0.4 per cent in December
 "US consumer prices index jumps 0.5% in Jan after 0.4% gain in Dec")
Trump's offensive against diversity, equity puts Powell's Fed on defensive
After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages on its website dedicated to diversity and inclusion
 "Trump's offensive against diversity, equity puts Powell's Fed on defensive")
US prices increases in December amid accelerating consumer spending
The accompanying policy statement did not include the reference to inflation having made progress toward the Fed's 2% target. No rate cut is expected before June
