Page 3 - Us Fed
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
Gold prices rise as investors remain worried over potential Trump tariffs
Investors now await the December US personal consumption expenditures (PCE) price index report on Friday
 "Gold prices rise as investors remain worried over potential Trump tariffs")
More cuts likely though timing depends on inflation front: Fed's Waller
Waller said that while it was true inflation "appears to have stalled" above the Fed's 2% target in the waning months of 2024
 "More cuts likely though timing depends on inflation front: Fed's Waller")
Dollar advances as Fed likely to slow rate cut pace after US jobs data
The greenback rose to a near six-month peak after the US data. It was up 0.4 per cent at 158.195 yen. Earlier in the global session, the dollar hit its highest since July of 158.425 yen
 "Dollar advances as Fed likely to slow rate cut pace after US jobs data")
Fed's vice chair Barr to resign early to avoid dispute with Trump over role
Barr said he was stepping down from his role as the central bank's vice chair of supervision over a year before his term expires, but planned to keep his seat on the Fed's Board of Governor
 "Fed's vice chair Barr to resign early to avoid dispute with Trump over role")
Dollar gains as US Fed's rate-cut rethink fuels best year since 2015
The dollar advanced against all of its major peers in 2024, with the New Zealand dollar, Norwegian krone and Japanese yen weakening the most against the US currency
 "Dollar gains as US Fed's rate-cut rethink fuels best year since 2015")
Big banks, business groups sue US Federal Reserve over annual stress tests
These tests determine the capital banks must set aside to meet their obligations and also dictate the scope of dividend payouts and stock buybacks
 "Big banks, business groups sue US Federal Reserve over annual stress tests")
Israel war, Budget, Fed rate cut: Top events that shaped markets in 2024
Stock market in 2024 so far: One of the most pivotal events impacting investor sentiment was the outcome of the 2024 General Elections
 "Israel war, Budget, Fed rate cut: Top events that shaped markets in 2024")
Bitcoin sees weekly decline over Fed policy outlook, 1st since Trump's win
The Fed on Wednesday delivered a third straight interest-rate cut while signaling a slower pace of monetary easing next year to keep inflation in check, sending global stocks into a tailspin
 "Bitcoin sees weekly decline over Fed policy outlook, 1st since Trump's win")
Fed's rate cuts reflect uncertainty amid Trump's tariff policies, inflation
Mr Powell brought to Wednesday's press conference details from 2018 Fed research that suggested looking past tariff-induced inflation
 "Fed's rate cuts reflect uncertainty amid Trump's tariff policies, inflation")
Wall Street rebounds, dollar stalls as markets digest Fed's slowdown signal
The dollar gave back some of Wednesday's gains and gold rallied as investors grew accustomed to the reality that the central bank will take a slower, more measured approach to policy easing
 "Wall Street rebounds, dollar stalls as markets digest Fed's slowdown signal")
Trump, not yet in office, already a figure in global economic policy
Some Fed officials incorporated 'highly conditional estimates' of Trump effects in new projections
 "Trump, not yet in office, already a figure in global economic policy")
Dollar slips as Fed signals slower pace of rate cuts, yen slides on BOJ
Currencies around the world tumbled on Wednesday after the Fed decision boosted the dollar, although many rebounded on Thursday in choppy trading conditions with thin volumes ahead of holiday period
 "Dollar slips as Fed signals slower pace of rate cuts, yen slides on BOJ")
Dow Jones, Sensex sink on US Fed rate cut news; check key takeaways
Dow Jones: The Dow Jones Industrial Average slid 1,123.03 points, or 2.58 per cent, to 42,326.87 on Wednesday - declining for a 10th day and clocking its longest losing streak since 1974
 "Dow Jones, Sensex sink on US Fed rate cut news; check key takeaways")
Market Today: GIFT Nifty sinks; Dow Jones bleeds on Fed rate cut; DAM IPO
The central bank delivered its 3rd consecutive rate cut but signaled a slowdown in future reductions, leaving investors wary. The Fed trimmed its benchmark interest rate by a widely anticipated 25 bps
 "Market Today: GIFT Nifty sinks; Dow Jones bleeds on Fed rate cut; DAM IPO")
US retail sales increase more than expected in Nov on strong demand
Signs of strong domestic demand added to warmer inflation readings in recent months in suggesting that the Fed could pause rate cuts in January
 "US retail sales increase more than expected in Nov on strong demand")
Fed policymakers likely to project fewer rate cuts next year, and why
It may not be all that surprising that a growth upgrade for next year may be back in the cards again this week when Fed policymakers gather to deliver what is expected to be a third interest rate cut
 "Fed policymakers likely to project fewer rate cuts next year, and why")
