Us Federal Reserve

Next Fed chair will believe in lower interest rates 'by a lot', says Trump

Trump made the comments during a national address touting his economic and national security accomplishments in the first year of his second term in office

Trump names Hassett, Warsh as top contenders for Federal Reserve chair

Trump previously signalled that he already made up his mind, saying Monday he had a "a pretty good idea" of who to nominate

Divisions in Federal Reserve underscore challenge for Trump's next chair

President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it

US policy differences will require monitoring as Fed rate cuts spark debate

Fed Chairman Jerome Powell, in his remarks, said the policy interest rate was now in neutral territory, which means it is neither expansionary nor contractionary

US Federal Reserve cuts key rate again, signals steadier economy next year

The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row on Wednesday but signalled that it may leave rates unchanged in the coming months. Chair Jerome Powell signalled at a news conference that the Fed would likely hold off on further rate cuts in the coming months while it evaluated the health of the economy. And in a set of quarterly economic projections, Fed officials signalled they expect to lower rates just once next year. Wednesday's cut reduced the rate to about 3.6 per cent, the lowest it has been in nearly three years. Lower rates from the Fed can bring down borrowing costs for mortgages, auto loans, and credit cards over time, though market forces can also affect those rates. Fed officials "will carefully evaluate the incoming data," Powell said, adding that the Fed is "well positioned to wait to see how the economy evolves." The chair also said that the Fed's key rate was close to a level that neither restricts nor stimulates the

Crypto markets hold steady as investors await US Fed rate-cut guidance

If Bitcoin remains range-bound post-FOMC, rotational flows, analysts believe, may continue to support altcoins at the margins

Have clear idea of next Fed chair, will review contenders, says Trump

Trump has said he will soon announce his choice for Fed chair, but that he might wait until early 2026 to publicly reveal the name

Markets fall for second day as Fed caution, IT drag and FPI outflows weigh

Benchmarks fell for a second session as IT and heavyweight losses offset a broader recovery. FPIs sold Rs 3,760 crore while DIIs bought Rs 6,225 crore, with Fed cues in focus

Gold edges higher as US Federal Reserve prepares to announce rate cut

Spot gold rose 0.4 per cent to $4,208.39 per ounce by 0920 GMT. US gold futures for February delivery rose 0.48 per cent to $4,237.80 per ounce

Markets, spooked by Fed uncertainty, post biggest drop in two months

BSE market cap shrinks ₹7 trillion as FPIs weigh on sentiment

Sensex falls 800 pts, Nifty below 26k: Why are stock markets falling today?

The BSE Sensex tumbled 803 points in the intraday to hit a low of 84,909, and the NSE Nifty50 also slipped below the 26,000 mark in the intraday to hit a low of 25,902.95

US Fed decision, FIIs trading activity likely to steer markets this week

The US Fed's interest rate decision will be the major factor dictating trends in the domestic equity market this week, with global movements and foreign investor activity also influencing sentiment, according to analysts. Stock markets ended the last week on a subdued note, with benchmark indices Sensex and Nifty closing flat. "This week, markets will closely track India's CPI print on December 12...Globally, the spotlight will be on the US Federal Reserve's interest rate decision, which could drive risk sentiment across emerging markets already navigating currency pressures," Ajit Mishra- SVP, Research, Religare Broking Ltd, said. The movement of the rupee, which breached 90 to a dollar last week, will also be tracked by investors. Investors' attention now shifts firmly to the upcoming US Federal Open Market Committee (FOMC) meeting scheduled for December 910, 2025, Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said. "Alongside the FOMC decision, key US econo

Asia markets mixed as weak US data fuels bets on imminent Fed rate cut

The Nikkei 225 rose 0.8 per cent, while MSCI's broadest index of Asia-Pacific shares outside Japan was trading down 0.1 per cent, weighed down by declines in Korea and New Zealand

White House may 'veto' Federal Reserve presidents: US Treasury Secretary

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve's regional bank presidents live in their districts for at least three years before taking office, a move that could give the White House more power over the independent agency. In comments at the New York Times' DealBook Summit, Bessent said that there is a disconnect with the framing of the Federal Reserve and added that, unless someone has lived in their district for three years, we're going to veto them. Bessent has stepped up his criticism of the Fed's 12 regional bank presidents in recent weeks after several of them made clear in a series of speeches that they opposed cutting the Fed's key rate at its next meeting in December. President Donald Trump has sharply criticized the Fed for not lowering its short-term interest rate more quickly. When the Fed reduces its rate it can over time lower borrowing costs for mortgages, auto loans, and credit cards. The prospect of the ...

Asian stocks steady as US rate-cut optimism lifts risk sentiment; yen firms

US stock futures, though, were lower in Asian hours, while Hong Kong's Hang Seng rose over 1 per cent pushing Asian stocks higher

I know who I am going to pick, says Trump on his choice of next Fed chair

Trump has frequently excoriated current Fed chief Jerome Powell for failing to lower rates swiftly and signalled he wants a chair who will more forcefully pursue cuts

Trump may unveil his pick for US Fed chief before Christmas, says Bessent

Bessent has narrowed the search for a successor to Fed Chair Jerome Powell, whose leadership term expires in May, to five from as many as 11, and said in an interview with CNBC

Global stocks rise as traders raise bets on December Fed rate cut

Markets were gearing up for potential catalysts, including the release of US retail sales and producer prices data due later in the week

Immigration fall from 2 million to 515,000 may shrink US labour force: Fed

New San Francisco Fed research warns that a steep fall in net migration this year may leave the United States with a slower-growing or even contracting labour force, adding to economic uncertainty

Fed minutes show divisions as most policymakers support further rate cuts

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday. At the same time, many officials said it would likely be appropriate to keep rates unchanged for the rest of the year," a sign of strong divisions among policymakers about the central bank's next steps. Rate cuts by the Fed, over time, typically lower borrowing costs for mortgages, car loans, and credit cards. Fed officials are deeply split over the biggest threat to the economy: weak hiring or stubbornly-elevated inflation. If a sluggish job market is the biggest threat, then the Fed would typically cut rates more. But it combats inflation by keeping rates elevated, or even raising them. Chair Jerome Powell had telegraphed the deep divisions among the Fed's 19-member interest-rate setting committee at a news conference following the October 28-29 ...