Page 8 - Us Fed

Fag-end buying in pvt banks, RIL help lift Sensex 72 pts, Nifty atop 19,400

Closing Bell on November 10, 2023: Among sectors, the Nifty Media index fell 1.2 per cent, followed by the Nifty Auto index (down 0.35 per cent)

Crude oil rises over 2% of US Fed meet as West Asia conflict rages

Brent January crude futures were up about 2.5%, or $2.08, to $87.10 a barrel by 1316 GMT. U.S. West Texas Intermediate crude futures gained roughly 2.8%, or $2.24, to $83.26 a barrel

Crude oil falls over 2% as concerns about West Asia affecting supply

Crude had jumped 3% on Friday after Israel stepped up ground incursions into Gaza, stoking worries the conflict could expand in a region that accounts for a third of global oil output

US inflation rose modestly as Fed officials signal no rate hike likely

Inflation in the United States likely eased again last month, though the decline might have slowed since summer, a reminder that the outsize price pressures of the past two years will take more time to cool. Consumer prices are forecast to have risen 0.3% from August to September, according to economists surveyed by the data provider FactSet. Such a rise would be much slower than the previous month's 0.6% price increase but still too fast to match the Fed's 2% inflation target. Excluding volatile food and energy costs, core prices likely also rose 0.3% in September, the same as in August. The Federal Reserve tracks the core figure in particular as a good indicator of the likely future path of inflation. Thursday's inflation data could bolster or undercut the growing belief that the Fed can tame inflation through the series of 11 interest rate hikes it imposed beginning in March 2022 without causing a recession. Hiring surged unexpectedly in September, the government reported last

India's election-year challenge

Fiscal consolidation must take precedence in the upcoming Budget, even if it's an interim one

Crypto wrap: Ethereum outperforms Bitcoin as investors tread with caution

Apart from Ethereum, almost all the major crypto coins traded range bound in the last one week

Crypto wrap: Market flat as US Fed's comments keep investors cautious

US Federal Reserve's this week comments suggested that the interest rates may remain high for some time to come

TMS Ep522: Dholera, smartphone innovation, France-iPhone fiasco and more

Has Dholera failed to fulfil its promise? Have smartphones reached the end of their evolution? Will the US Fed derail the rally in Indian equity markets? What is the France-iPhone fiasco? Answers here

US inflation outlook stable, credit pessimism rises in Fed survey

Median one-year-ahead inflation expectations rose slightly last month to 3.6% from 3.5% in July, the New York Fed said Monday

OIS rates fall as US Fed seen the end of interest rate hike cycle

Earlier, traders were expecting the central bank to cut the repo rate, starting February

Crypto wrap: Market highly volatile amid mixed signals from macro data

In the last few weeks, the market was witnessing a bull run after the news emerged of several big entities showing their interest in Bitcoin but in the later part of the week, the market saw a sell-of

Rate hikes depend on India's inflation, not Fed, say external MPC members

Domestic markets have been concerned about India being pressured to follow the US Federal Reserve in raising rates to ensure that a too-narrow rate differential does not restrict dollar inflows

Sensex rallies 467 pts, Nifty tops 18,800; RIL, HDFC duo lead, IT caps gain

CLOSING BELL ON JUNE 16, 2023: At the high point of the day, the Sensex was just 63 points shy from its record high, and the Nifty 22 points; Debutant IKIO ends at 42 per cent premium over issue price

ECB raises interest rates to highest in 22 years, signals more increases

The European Central Bank pressed ahead with another interest rate hike on Thursday and pledged more are on the way, aiming to crush inflation that is driving up the cost of groceries, utility bills and summer vacations even after the US Federal Reserve took a break from its own string of increases. The boost of a quarter-percentage point, to 3.5 per cent, is the eighth straight increase since July 2022 for the 20 countries that use the euro currency. That is an unprecedentedly swift campaign to tighten the flow of credit to the economy as the bank seeks to return inflation to its target of 2 per cent from 6.1 per cent. ECB President Christine Lagarde said more hikes, including at the bank's next meeting on July 27, are in the cards. Are we done? Have we finished the journey? No, we're not at destination. Do we still have ground to cover? Yes, we have ground to cover, she said at a news conference. Lagarde said the bank will continue to hike at our next meeting. So we are not thin

Top headlines: Evacuation completed ahead of cyclone, US Fed holds rate

Business Standard brings you the latest headlines at this hour

European stocks rise ahead of US inflation data, ECB and US Fed meeting

LONDON (Reuters) -European stocks rose in early trading on Monday and world stocks were just below 13-month highs ahead of key inflation data and U.S. Federal Reserve and European Central Bank meetings later in the week.

TMS Ep422: PLI scheme, Ease of Moving Index, markets, double jeopardy

Has the PLI scheme lived up to expectations? What does 'Ease of Moving Index' tell us about Indian cities? How to trade the markets ahead of US Fed? What is double jeopardy? All answers here

Crypto wrap: Market in the green ahead of US Fed announcement next month

The US Federal Reserve is expected to meet on May 2 and 3 to decide on further rate hikes

Hackers release sensitive information after ransomware attack on CommScope

The leaked data includes employees' social security numbers and bank account details

Flows will chase relative growth outperformance in FY24: Rahul Arora

The US Federal Reserve (Fed) and the Reserve Bank of India (RBI) should hike once more by about 25 basis points each, says Rahul Arora CEO-institutional equities at Nirmal Bang