Page 2 - Us Federal Reserve

Trump signals he has identified his pick for next Federal Reserve chair

The president has publicly mused about the decision, praising candidates on the list, but has been coy about suggesting whether he's leaning toward any particular candidate

US Fed releases new guidance for bank oversight in move praised by industry

The Federal Reserve's top banking regulator on Tuesday released new guidelines for the agency's supervision of the financial system, earning praise from industry trade groups and criticism from her predecessor. In a set of sweeping changes, the principles call for bank examiners to focus on material financial risks and to not become distracted from this priority by devoting excessive attention to processes, procedures, and documentation." The guidelines are set out in a memo originally distributed to Fed employees October 29 but released Tuesday. Michelle Bowman, the Fed's vice chair for supervision, said the principles will sharpen the central bank's focus and build a more effective supervisory framework. By anchoring our work in material financial risks, we strengthen the banking system's foundation while upholding transparency, accountability, and fairness," Bowman said in a written statement. Bowman was named vice chair by President Donald Trump in March. Since Trump took offic

Gold may stay choppy ahead of US jobs data, Fed meeting minutes: Analysts

Gold prices are likely to remain volatile in the coming week but may find support as focus shifts to key US economic data releases, including jobs report and the Federal Reserve's meeting minutes for fresh signals on the interest rate decision, analysts said. Investors will also closely watch Federal Reserve Chair Jerome Powell's speech on Wednesday. Along with comments from other Fed officials throughout the week which will drive the gold prices, they added. "The volatility is expected to remain high, but prices may find some support... Focus will be on the US economic data releases, which may give some clues on the health of the American economy & possible some direction on the Fed's rate outlook," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On a weekly basis, gold futures for December delivery climbed by Rs 2,494, or 2.06 per cent in the past week, on the Multi Commodity Exchange (MCX). "The precious metal rallied ...

Ex-Fed Governor Adriana Kugler resigned after violating trading rules

Kugler's resignation gave Trump an earlier-than-expected opportunity to fill a slot on the Fed's board in the midst of his intense pressure campaign urging policymakers to drastically lower rates

Asian stocks slide as hawkish Fed comments crush hopes of early rate cut

Japan's Nikkei tumbled 1.8 per cent on Friday, Australia's resources-heavy shares slid 1.5 per cent, while South Korea plunged 2.3 per cent

FPIs bought bonds worth ₹13,397 cr via FAR in Oct, highest in FY26 so far

Market participants said that sentiment in the domestic debt market improved due to the US Federal Reserve's policy rate cuts, and growing expectations of a trade deal between the two countries

After August gasp, market draws its deepest breath in four months

October's ADR hit 1.08 - its highest since June - as easing outflows let rally catch new air

Stock Market close: Sensex falls 593 points, Nifty at 25,878; financial services, IT shares drag

Sensex Today | Stock Market close: In the broader markets, the Nifty MidCap 100 rose marginally by 0.1 per cent and the Nifty SmallCap 100 indices fell 0.1 per cent, respectively

Asian shares fall back following Trump's meeting with Chinese leader Xi

The yield on the US 10-year Treasury bond was last around a three-week high of 4.068 per cent, up 1 basis point compared with a previous close of 4.058 per cent

US Fed cuts rates quarter point, sets end to balance-sheet runoff

The Federal Open Market Committee voted 10-2 to lower the target range for the federal funds rate by a quarter percentage point to 3.75%-4%

Trump admin shortlists five candidates to replace Fed Chair Jerome Powell

Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year. On an Air Force One flight to Asia with President Donald Trump, Bessent said he would engage in a second round of interviews in the coming weeks and present a good slate of candidates to Trump right after Thanksgiving. Trump said he expected to decide on Powell's replacement by the end of this year. The five people under consideration are: Federal Reserve governors Christopher Waller and Michelle Bowman; former Fed governor Kevin Warsh; White House economic adviser Kevin Hassett; and Rick Rieder, senior managing director at asset manager BlackRock. The names suggest that no matter who is picked, there will likely be big changes coming to the Federal Reserve next year. Bessent, who is leading the search for Powell's replacement, last month published extensive criticisms of the Fed and some of the policies it has pursued from th

Asian stocks take a breather as investors eye US Fed moves, tech earnings

Traders aren't chasing the rumour this time; they're watching, weighing, waiting for something real to sign, said Stephen Innes, managing partner at SPI Asset Management

The US Federal Reserve might be more dovish than Jerome Powell thinks

Granted, the Fed's monetary policy doesn't directly determine economic growth. It operates by influencing broader financial conditions, which have eased a lot in the past year

Gold likely to consolidate next week as US data, Fed meeting loom: Analysts

Gold prices are expected to witness some consolidation and mild correction next week as the recent record-breaking rally looks overstretched and physical demand eases after the festive rush, analysts said. After hitting fresh highs in global and domestic markets, bullion may trade in a narrow range, with investors eyeing the US funding bill, key global data releases, and remarks from Federal Reserve officials ahead of the October 28-29 policy meeting, they added. "Gold prices are likely to see some corrections/ consolidation as ongoing fundamentals are already priced in and physical demand wanes post mid-week," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. He added that traders will monitor key global indicators, including Chinese data, UK inflation, provisional data on PMI from across regions, US consumer confidence and the Fed's commentary ahead of the October 28-29 meeting. Mer added that gold ended last week on a positive ...

Asia shares recover, dollar eases as Fed cut bets reclaim spotlight

Powell left the door open to further rate cuts on Tuesday and said the end of the central bank's long-running effort to shrink the size of its holdings may be coming into view

Gold hits record high above $4,100/oz on Fed rate cut bets, trade jitters

Spot gold rose 0.7% to $4,137.76 per ounce as of 11:22 a.m. ET (1522 GMT), after hitting a record high of $4,179.48 earlier in the session

Inflation beaten, Fed cuts rates, but prices remain high: Donald Trump

Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you wouldn't know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve. Trump told the United Nations General Assembly late last month: Grocery prices are down, mortgage rates are down, and inflation has been defeated. And at a high-profile speech in August, just before the Fed cut its key interest rate for the first time this year, Federal Reserve Chair Jerome Powell said: Inflation, though still somewhat elevated, has come down a great deal from its post-pandemic highs. Upside risks to inflation have diminished. Yet dismissing or even downplaying inflation while it is still above the Fed's target of 2 per cent poses big risks for the White House and the Federal Reserve. For the Trump administration, it could find itself on the wrong side of a potent

Can gold and Bitcoin coexist on central bank books? Deutsche Bank weighs in

A declining dollar, fresh geopolitical and tariff uncertainty, and questions of the Fed's independence have led gold and Bitcoin to outperform

Supreme Court lets Lisa Cook remain as Federal Reserve governor for now

The Supreme Court on Wednesday allowed Lisa Cook to remain as a Federal Reserve governor for now, declining to act on the Trump administration's effort to immediately remove her from the central bank. In a brief unsigned order, the high court said it would hear arguments in January over Republican President Donald Trump's effort to force Cook off the Fed board. The court will consider whether to block a lower-court ruling in Cook's favour while her challenge to her firing by Trump continues. The high-court order was a rare instance of Trump not quickly getting everything he wants from the justices in an emergency appeal. Separately, the justices are hearing arguments in December in a separate but related legal fight over Trump's actions to fire members of the boards that oversee other independent federal agencies. The case concerns whether Trump can fire those officials at will. But a second issue in the case could bear directly on Cook's fate: whether federal judges have the ...

Rate cut could be a close call as RBI eyes lower CPI, steady growth view

RBI will pare CPI inflation projection again, but might not change growth estimate for now; dovish undertone likely