Page 17 - Us Federal Reserve

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

Indian govt bond yields dip in early trade following slump in US peers

Any further decline was unlikely as the market awaited debt supply on Friday, with New Delhi aiming to raise 280 billion rupees ($3.35 billion)

Asia stocks hit 27-month top, dollar slips on Fed Reserve's rate cut talk

Markets are well prepared for a change given opinion polls have for months put the centre-left party on course for a landslide victory over the Conservatives

Fed needs more evidence of falling inflation before cutting rates: Powell

Data for May showed the Fed's preferred measure of inflation did not increase at all that month, while the 12-month rate of price increases has ebbed to 2.6%

Asia stocks stutter as investors ponder US rates outlook, euro gains

US stocks on Friday ended lower after an early rally fizzled

US employment moderates along with wage growth; signals inflation slowdown

Payrolls in the world's largest economy are projected to have increased by about 190,000, according to a Bloomberg survey of economists ahead of Friday's report

Big US banks withstand Fed Reserve's commercial real estate shock scenario

The results, released on Wednesday by the Fed, examine whether banks would be able to continue lending to households and businesses in the event of a severe global recession

Silver outlook, June 26: Bias bearish; MCX Sept contract support at Rs 88k

Silver outlook and trading strategy today, June 26, 2024: Spot Silver, at the time of the MCX closing, was trading at $28.90, down 2.45 per cent for the day on Tuesday

Fed Reserves' key inflation gauges may offer path to rate cuts in September

At the same time, the labour market - the other part of the Fed's dual mandate - is still plugging along, albeit in a lower gear

As global central banks consider rate cuts, inflation worries loom

Canada and the European Central Bank have been the first ones to introduce rate cuts, however, they have expressed their concerns about inflation

Govt bond yields extend losses tracking US yields on rate cut bets

The futures market is pricing in 50 basis points of rate cuts this year, according to the CME FedWatch tool

Highlights of the day: Six dead, 1,500 tourists stranded as landslides, rain wreak havoc in Sikkim

Catch all the latest updates from around the world here

India bond market to wait for fiscal layout clarity before next rally: Citi

The Fed kept policy rates unchanged with the interest rate dot plot projecting only one rate cut in 2024, down from three signaled in March

Asia stocks rally, bond yields fall as investors assess Fed outlook

Japanese shares underperformed and the yen inched down against the dollar, as the Bank of Japan began its two-day policy meeting

Some progress on inflation but just one rate cut this year likely: Fed

Federal Reserve officials said on Wednesday that inflation has fallen further toward their target level in recent months but signalled that they expect to cut their benchmark interest rate just once this year. The policymakers' forecast for one rate cut was down from a previous forecast of three, likely because inflation, despite having cooled in the past two months, remains persistently elevated. In a statement issued after its two-day meeting, the Fed said the economy is growing at a solid pace, while hiring has remained strong. The officials also noted that in recent months there has been modest further progress toward its 2 per cent inflation target. That is a more positive assessment than after the Fed's previous meeting May 1, when the officials said there had been a lack of further progress" on inflation. The policymakers, as expected, kept their key rate unchanged at roughly 5.3 per cent. The benchmark rate has remained at that level since July of last year, after the Fed .

US inflation broadly cools in encouraging sign for Federal Reserve

The so-called core consumer price index - which excludes food and energy costs - climbed 0.2% from April, Bureau of Labor Statistics figures showed

US Fed leaves interest rates unchanged at 5.25%-5.5%; sees 1 cut this year

The rate-setting panel unanimously voted to hold the policy rate at the 23-year high mark

Gold gains on soft inflation data ahead of Fed's interest rate decision

Spot gold climbed 0.92% to $2,337.47 per ounce by 1700 GMT. U.S. gold futures for August delivery were up 1.2% at $2,354.60

Fed likely to scale back plans for rate cuts as inflation persists

Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a level above their 2 per cent target, they are downgrading their outlook for interest rate cuts. In a set of quarterly economic forecasts they will issue after their latest meeting ends, the policymakers are expected to project that they will cut their benchmark rate just once or twice by year's end, rather than the three times they had envisioned in March. The Fed's rate policies typically have a significant impact on the costs of mortgages, auto loans, credit card rates and other forms of consumer and business borrowing. The downgrade in their outlook for rate cuts would mean that such borrowing costs would likely stay higher for longer, a disappointment for potential homebuyers and others. Still, the Fed's quarterly projections of future interest rate cuts are by no means fixed in time. The policymakers frequently revise their plans for rate cuts or hike

US Fed meeting decision, inflation data to be out today: What to expect

The US Federal Reserve is expected to keep interest rates unchanged in today's announcement. With that, all eyes will on whether it adjusts its forecasts for potential rate cuts this year