Page 16 - Us Federal Reserve

RBI monetary policy review: Hawks rule over doves

Credit growth needs to be moderated, and the RBI has been taking steps to reduce banks' exposure to unsecured lending.

US Fed's high rates spur slowdown fear, heightens chances of recession

The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a US recession. Economists and Wall Street traders now expect the Fed to cut its benchmark rate, which influences borrowing costs for consumers and businesses, much faster than they thought just a week ago. Chair Jerome Powell has often stressed that the Fed could quickly lower rates if it decides that it's needed to bolster the economy. The periodic fear of a forthcoming recession has been a hallmark of the post-pandemic economy and has proved wrong every time. Instead, contrary to what most analysts have predicted, steady economic growth and a solid pace of hiring have endured. In the past, the US economy would often flash telltale signals when it was in or near a recession. But those red lights have gone haywire since the COVID-19 pandemic struck and upended normal business activity. The latest red flag w

Federal Reserve's policymakers signal rate cuts ahead, but not recession

US stocks fell steeply on Monday amid fears the US central bank has waited too long to begin cutting interest rates

Chicago Fed prez Goolsbee warns against US Fed being overly restrictive

Goolsbee also cautioned against taking too much signal from a global stock market sell-off that accelerated on Monday, amid fears the US central bank has waited too long to begin cutting interest rate

Gold price climbs Rs 10 to Rs 70,700, silver rises Rs 100 to Rs 87,300

The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 64,810

Silver Price Outlook: Global economic worries weigh, says Sharekhan

Buying the dips with appropriate stop-losses is likely to be preferred strategy for Silver as the US nonfarm payroll report looms, says Praveen Singh of Sharekhan by BNP Paribas.

Why markets said 'meh' during previous US Federal Reserve rate cuts

Starting valuations remain vital to performance

US FOMC holds rates steady at 5.25% to 5.5%, signals 1st cut nearer

Officials also tempered their assessment of the labor market, noting job gains had moderated and the unemployment rate has moved up, but is still low

Citi breaks banks safety rules, makes liquidity reporting errors: Report

Firm's subsequent reaction to breaches resulted in liquidity reporting inaccuracies, according to the document, which provides a 2023 year-end snapshot of some of Citi's work on regulatory issues

Market outlook Jul 29: Nifty eyes 25K; Fed rate cut bets spark global rally

All you need to know before the market opens today: GIFT Nifty futures were quoting atop 25,000-mark, hinting at over 100 points gap-up. Nikkei rallied nearly 3 per cent, while Kospi gained over 1 per

Rupee may bounce back in Aug on weak dollar, US rate cut hopes: BS poll

But some see it hitting 84/$ tracking Asian peers

US inflation data lifts global stock markets, lowers Treasury yields

The data likely sets the stage for the Fed to begin cutting rates in September, as the market widely expects

The Fed should not cut interest rates yet

The Fed has entered the last mile of its fight against inflation. With its credibility at stake, it must not flinch before it reaches the finish line

Gold extends record rally on US Fed interest rate-cut bets, softer dollar

Spot gold eased about 0.2% to $2,462.85 per ounce as of 1548 GMT, driven by profit-taking, after the bullion hit a high of $2,482.29 earlier in the session

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

Goldman challenges result of Federal Reserve's 'stress test': Report

The tested banks overall saw losses of 17.6 per cent to existing loan balances on credit cards and among them Goldman Sachs recorded 25.4 per cent in losses

US inflation cools again, may usher interest rate cuts by Federal Reserve

Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. In a better-than-expected report from the government, consumer prices declined 0.1 per cent from May to June after having remained flat the previous month, the government reported Thursday. And measured from 12 months earlier, prices were up 3 per cent in June, down from 3.3 per cent in May. The latest inflation readings could help convince the Fed's policymakers that inflation is returning to its 2 per cent target. A brief pickup in inflation early this year had caused Fed officials to scale back their expectations for interest rate cuts. They responded by saying they would need to see several months of mild price increases to feel confident enough enough to cut their key rate from its 23-year high. The June inflation data will qualify as as another installment of the more goo

More good data will strengthen case for interest rate cut: Fed's Powell

A jobs report on Friday showed a still-solid 206,000 jobs added in June, but with a slowing monthly trend and a rising unemployment rate now at 4.1%

Asia shares inch higher as investors confident about US Fed's Sept rate cut

Oil prices gained on strong summer fuel demand and potential supply disruptions from Gulf of Mexico hurricanes

Time needed to achieve 2% inflation target: NY Fed's John Williams

He further said that uncertainty will continue to define the monetary policy landscape for the foreseeable future