Five major themes set to shape economic debate in 2026, from India-EU trade ties and fiscal strategy to data revisions, Fed independence and the risks around AI investment
The search is now a four-man race, some of the people said, among Rieder, National Economic Council Director Kevin Hassett, Fed Governor Christopher Waller and former governor Kevin Warsh
The probe elicited objections from lawmakers and comments from President Donald Trump that suggest he's trying to distance himself from the matter
The dollar's position in the international market not only reflects the size of the US economy but also the strength of its institutions, particularly the central bank
The dollar, Treasuries and US equities futures all slid in early Asia trading after Chair Jerome Powell said the threat of a US criminal indictment was a consequence of a disagreement
US futures slipped but markets in Asia advanced Monday after Federal Reserve Chair Jerome Powell said the Department of Justice had served the central bank with subpoenas. The threat of a criminal indictment over Powell's testimony about the Fed's building renovations is the latest escalation in President Donald Trump's feud with the Fed. Trump has criticized the Fed's $2.5 billion renovation of two office buildings as excessive. Markets appeared to take the news in stride, although gold and other precious metals often used as a hedge in times of uncertainty climbed. The futures for the S&P 500 and the Dow Jones Industrial Average fell 0.5%. The future for the Nasdaq composite index slipped 0.8%. In Asia, Hong Kong's Hang Seng gained 0.4% to 26,337.92, while the Shanghai Composite index also rose 0.4%, 4,135.31. Tokyo's markets were closed for a holiday. However, the US dollar rose against the Japanese yen, climbing to 157.96 yen from 157.90 late Friday. In South Korea, the Kospi
Trump did not specify who is his leading chair candidate and said an announcement would be made in "January sometime"
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 previously signalled that he already made up his mind, saying Monday he had a "a pretty good idea" of who to nominate
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
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
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
If Bitcoin remains range-bound post-FOMC, rotational flows, analysts believe, may continue to support altcoins at the margins
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
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
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
BSE market cap shrinks ₹7 trillion as FPIs weigh on sentiment
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
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
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