Page 5 - Us Fed

Bitcoin touches $65,000 mark on Powell pivot, streak of ETF flows

The largest digital asset rose as much as 1.2 per cent to $65,030 on Monday before dipping back to $63,780 as of 9:19 a.m. in New York

As Fed's focus shift to protecting job market, policy needs to catch up

Powell's signal of coming rate cuts completed a Fed shift that began in January when it acknowledged emerging job market risks

As US economy, Fed approach crossroads, all eyes on Powell, Jackson Hole

On Friday, Powell will again deliver his most important policy speech of the year from that closely watched stage

Fed chief Powell confronts policy crossroads with all eyes on Jackson Hole

The hotly anticipated speech at the Fed's annual gathering in Jackson Hole, Wyoming, comes at a high stakes moment for the US central bank and the $27 trillion Treasury market

Weak dollar, western investor buying drive gold prices to record high

The dollar touched a seven-month low on Tuesday with traders bracing for comments from Federal Reserve Chair Jerome Powell on Friday

Gold pares gains after hitting records as focus turns to Jackson Hole

Bullion climbed to as high as $2,531.75 an ounce, taking this year's gain to more than 22 per cent, before giving up some of the advance

Yen rises sharply, euro touches its highest this year as dollar retreats

The minutes of the Fed's July meeting, due on Wednesday, and Powell's speech on Friday are likely to be the main currency drivers in a week that will also see inflation data from Canada and Japan

As US Fed hints at rate cut speculation begins among central bankers

Inflation and the labor market have both cooled appreciably since then, and Fed Chair Jerome Powell says policymakers think the time for cutting the policy rate is approaching

Consumers could become discouraged unless rates drop: Bank of America CEO

At the end of July the Fed kept the policy rate in the same 5.25 per cent-5.50 per cent range it has been for more than a year, but signaled that a rate cut could come as soon as September

RBI likely to keep key interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data before taking a call on rate cut in line with expectations, experts said. The US Federal Reserve has decided to maintain a status quo on its interest rate for now and indicated there could be monetary policy easing in the coming months. Amid persisting inflationary pressures, RBI will be closely tracking the US monetary policy trajectory before changing its stance on interest rate, which has remained unchanged since February 2023, experts opined. The Monetary Policy Committee (MPC) may also refrain from rate cut as economic growth is picking up, notwithstanding the elevated interest rate of 6.5 per cent (repo rate). The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for August 6 to 8. Das will announce the decision of the rate-setting panel on August 8 (Thursday). The central bank last hiked the repo rate to 6.5 pe

Nifty surpasses 25,000 mark for the first time; Sensex breaches 82,000

The Nifty has rallied 15 per cent this year--the best-return among major global markets--amid optimism around India's growth prospects and driven by robust flows

China conducts surprise rate cuts in efforts to support weak economy

The cuts come after China last week reported weaker-than-expected second-quarter economic data and its top leaders met for a plenum that occurs roughly every five years

Considering Jamie Dimon for US Treasury, won't oust Fed's Powell: Trump

Powell said on Monday he has no plans to leave his post as head of the US central bank before his term expires

US Fed Chairman Powell opens key week of Fedspeak as rate cut case develops

The Fed meets July 30-31, but under the central bank's rules policymakers can't comment about monetary policy from this Saturday, July 20, until the Friday after the meeting

Govt bond yields flat, traders eye crucial US inflation data for cues

On Wednesday, the Federal Reserve Chair Jerome Powell said he was not yet ready to declare victory over inflation but felt that the economy is on a stable path to steady prices

Govt bond yields marginally lower; US Fed chief Powell's speech eyed

Powell's testimony before the Senate on Tuesday and the House on Wednesday could give investors more clues on the likely direction of rates

Asian shares edge higher, markets hope for dovish stance from Powell

Chinese blue chips edged up 0.1%, while Hong Kong's Hang Seng index was flat

US job growth expected to slow down, unemployment rate to remain steady

Financial markets remain optimistic the Fed could start its easing cycle in September after aggressively tightening monetary policy in 2022 and 2023

Fed officials at last meeting saw price pressures in decline, minutes show

Data released on June 12 showed the CPI had not risen at all in May on a month-to-month basis

Govt bonds register marginal dip tracking US peers after soft retail sales

US yields eased on Tuesday after data showed retail sales in the world's largest economy was weaker than expected in May