Page 18 - Us Federal Reserve

Global stocks mostly lower following hotter-than-expected US jobs report

World stocks were mostly lower on Monday after a US jobs report released Friday came in hotter than expected, while the euro fell after French President Emmanuel Macron dissolved the National Assembly following a setback in Sunday's parliamentary election. Far-right parties made major gains in parliamentary elections Sunday, leading French President Emmanuel Macron to call a snap election. This caused the euro to drop to its lowest price in nearly a month. The euro was trading at $1.0766, down from $1.0778. The setbacks for incumbent parties cast a shadow across the region. The CAC 40 in Paris sank 1.7% to 7,866.87 and Germany's DAX lost 0.7% to 18,425.26. Britain's FTSE 100 declined 0.4% to 8,215.84 in early trading. The future for the S&P 500 shed 0.1% and that for the Dow Jones Industrial Average was down 0.2%. Markets in Asia ended mixed. In Tokyo, the Nikkei 225 index rose 0.9% to 39,038.16 after government data on Monday showed Japan's economy contracted at an annualized ...

In first in 3 months, Fed dot plot set to offer glimpse of rate-cut resolve

A 41 per cent plurality of economists expect the US Fed to signal two cuts in the closely watched dot plot, while an equal number expect the forecasts to show just one or no cuts at all

RBI may keep interest rates on hold as slim Modi win boosts fiscal risks

Economists had already been pushing their forecasts for rate cuts to later in the year, predicting the RBI won't move until the US Federal Reserve pivots

Asia stocks rise on rate cut hopes, better-than-expected China's PMI data

Investors are a lot less dovish on the Fed, seeing little prospect of a move until September and even that is far from a done deal

US elections: Trump's victory seen as risk to Fed independence, shows poll

Overall, they put a probability of 40 per cent on the Fed losing its autonomy under a second Trump administration

Global central banks considering different interest-rate cut policies

ECB policymakers led by President Christine Lagarde have insisted they're comfortable plowing a separate furrow from the Federal Reserve

Goldman Sachs ups India 2024 GDP forecast to 6.7%; sees RBI rate cut in Q4

RBI's MPC has sounded caution on sticky food inflation, Goldman Sachs says, owing to supply-side disruptions due to the ongoing hot weather conditions in many parts of India

Fed's favourite underlying inflation gauge cools, shows modest relief

Economists expect the personal consumption expenditures price index minus food and energy, due on Friday, to rise 0.2 per cent in April

Should you buy gold now? Check key levels here before investing your money

The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data

Stock Market Highlights, May 23: Indices end at record highs! Sensex soars 1197 pts, Nifty nears 23K

Stock market LIVE updates on Thursday, May 23, 2024: In the broader markets, the S&P BSE MidCap index hit a new high of 43,442.5, while the S&P BSE SmallCap index touched a new lifetime high of 48,229

Fed remained optimistic on disinflation despite doubts, shows minutes

Officials since that meeting have tamped down expectations for imminent interest rate cuts, which investors now see beginning in September

Federal Reserve officials urge patience on timing of initial rate cut

The policymakers spoke as the Fed has downplayed talk of any further rate hikes, but also noted they feel the economy needs to cool further

US Fed's Waller sees some progress on inflation, says no rate hike needed

"The economy now seems to be evolving closer to what the Committee expected," Waller said, referring to the central bank's policy-setting Federal Open Market Committee

Crude oil falls more than $1 as Fed rate outlook stokes demand fears

"Fears of weaker demand led to selling as the prospect of a Fed rate cut became more distant," said analyst Toshitaka Tazawa at Fujitomi Securities

Asia stocks slip as investors await Fed meeting to gauge possible rate cut

Japan's Nikkei was a rare bright spot, rising 0.2%, adding to the previous day's 0.73% rally

Short-term govt bond yield may fall on Rs 60,000 crore T-bill supply cut

The yield on the 5-year government bond settled at 7.09 per cent on Friday

Why did Chris Wood of Jefferies sell his holding in HDFC Bank stock?

Calendar year 2024 (CY24) will be a good year for 'quality stocks and bonds', according to analysts at Morgan Stanley. Stocks, they said, have priced in a 'perfect landing' scenario

Global rate cuts: Slowing inflation primes G-7 central banks for June

Days after US data revealed cooler-than-expected consumer-price growth, the UK, Canada and Japan will all publish numbers for April that are likely to go in the same direction

Federal Reserve Chair Powell tests positive for Covid-19: Spokesperson

Powell, 71, previously tested positive for Covid in January 2023. The next meeting of the Fed's policy-setting committee is set for June 11-12

Asian stocks inch lower on uncertainty over timing of US rate cuts

Traders are pricing in 47 basis points of easing this year from the Fed, with a rate cut in November fully priced in