Page 8 - Us Federal Agency
US inflation eases to 7.7% in Oct, gives Fed room to slow rate-hike
The consumer price index was up 7.7% from a year earlier, the smallest annual advance since the start of the year and down from 8.2% in September
 "US inflation eases to 7.7% in Oct, gives Fed room to slow rate-hike")
Rupee marks biggest monthly losing streak since 1985, braces for Fed move
Oil importers' dollar purchases, breach of technical levels drag rupee lower
 "Rupee marks biggest monthly losing streak since 1985, braces for Fed move")
DGCA writes to telecom dept, flags concern over rollout of 5G services
DGCA's concern comes after the US Federal Aviation Administration (FAA) raised concerns over the last year since telecom operators in the US started rolling out 5G services
 "DGCA writes to telecom dept, flags concern over rollout of 5G services")
Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade
The Nifty50 index fell 89 points, or 0.5 per cent, to close at 17,630. The India Vix index rose 2.6 per cent to finish at 18.82
 "Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade")
Nifty Pharma index sees biggest jump in four months, shows data
The Nifty Pharma index finished at 12,750, up 3.1 per cent - most since May 20 and third biggest single-day gain of the year
 "Nifty Pharma index sees biggest jump in four months, shows data")
Rupee closes at 79.8 versus dollar amid rise in crude oil, hawkish Fed view
Rupee logs first weekly gain in four, outperforms all EM currencies
 "Rupee closes at 79.8 versus dollar amid rise in crude oil, hawkish Fed view")
Global central bankers follow US Fed Chair to give hawkish message
The heads of the Bank of England, Swiss National Bank, Bank of Japan, Bank of Korea and several European Central Bank policy makers spoke on Saturday at the Kansas City Fed's annual retreat
 "Global central bankers follow US Fed Chair to give hawkish message")
Gold falls for sixth day today, hits over 3-week low on dollar rally
Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion
 "Gold falls for sixth day today, hits over 3-week low on dollar rally")
Dollar hits 5-week high on hawkish Fed before Jackson Hole' symposium
Economists in a Reuters poll lean toward a 50 basis-point increase with recession risks on the rise
 "Dollar hits 5-week high on hawkish Fed before Jackson Hole' symposium")
Gold hits over 3-week low on strong dollar, Fed rate-hike worries
Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion
 "Gold hits over 3-week low on strong dollar, Fed rate-hike worries")
Feds oppose unsealing affidavit for Donald Trump's Mar-a-Lago warrant
The US Justice Department on Monday rebuffed efforts to make public the affidavit supporting the search warrant for former President Donald Trump's estate in Florida
 "Feds oppose unsealing affidavit for Donald Trump's Mar-a-Lago warrant")
US Fed meeting, and will the markets see a sell-off again?
Global financial markets are waiting with bated breath for the outcome of the two-day US Federal Reserve meeting this week. Let's find out what leading analysts expect from the US central bank
 "US Fed meeting, and will the markets see a sell-off again?")
NSE colo case: ED arrests former Mumbai top cop Sanjay Pandey
He was taken into custody following several hours of questioning by the federal agency on Monday and Tuesday in the matter
 "NSE colo case: ED arrests former Mumbai top cop Sanjay Pandey")
Gold prices drop as May policy minutes confirm Fed's tightening path
(Reuters) - Gold prices fell for a second straight session on Thursday, pressured after the minutes of U.S. Federal Reserve's last policy meeting showed officials in support of further interest rate increases in June and July.
 "Gold prices drop as May policy minutes confirm Fed's tightening path")
Dollar steady near one-month low as Fed minutes contain few surprises
LONDON (Reuters) - The U.S. dollar was little changed on Thursday, hovering above a one-month low, as minutes from the Federal Reserve's May meeting contained few surprises, with most participants favouring additional 50 basis point rate hikes at the June and July meetings.
 "Dollar steady near one-month low as Fed minutes contain few surprises")
US federal agency opens probe into Tesla for workplace discrimination
In October last year, Tesla was ordered to pay $137 million in damages to a Black former contractor who accused the company of ignoring discrimination and racial abuse
 "US federal agency opens probe into Tesla for workplace discrimination")
Federal tax probe into President Biden's son, Hunter, moves forward
A federal grand jury has heard testimony in recent months about Hunter Biden's income and payments he received while serving on the board of a Ukraine energy company
 "Federal tax probe into President Biden's son, Hunter, moves forward")
US Fed policy and market impact
Investors in India are worried about a possible interest rate hike by the US Fed, which is under pressure to cap inflation. Experts believe that a 25 basis point hike is already penciled in.
 "US Fed policy and market impact")
Russia's war on Ukraine will worsen inflation, says Fed's Jerome Powell
Consumer prices are already rising at their fastest pace in four decades, having jumped 7.5 per cent in January compared with 12 months earlier
 "Russia's war on Ukraine will worsen inflation, says Fed's Jerome Powell")
Elon Musk accuses SEC of leaking information from federal probe
Musk's attorney Alex Spiro alleged that at least one member of the SEC had leaked "certain information regarding its investigation" without providing any supporting evidence
 "Elon Musk accuses SEC of leaking information from federal probe")