Page 25 - Us Federal Reserve

US economy still strong as retail sales beat expectations, layoffs stay low

Retail sales increased 4.1% year-on-year in November. Though the pace has slowed as households adjust to higher borrowing costs and prices, it remains sufficient to ward off a recession

Government bonds, rupee gain after US Federal Reserve raises hopes

Traders expect the benchmark yield to trade between 7.10-7.25 per cent in the near term, given the positive sentiment

Dollar hits 4 month low as Fed signals rate cuts, NOK stronger after hike

Fed Chair Jerome Powell said at Wednesday's Federal Open Market Committee (FOMC) meeting that the historic tightening of monetary policy is likely over

Sensex up 930 pts, Nifty tops 21,150 as Fed sounds dovish; IT, Realty soar

Closing Bell on December 14, 2023: At close, the Sensex index stood at 70,514, up 930 points or 1.34 per cent, while the Nifty50 settled 256 points, or 1.23 per cent, higher at 21,183

US Fed keeps policy rates unchanged for 3rd time: Here're 5 key takeaways

A near unanimous 17 of 19 Fed officials project that the policy rate will be lower by the end of 2024 than it is now

US Fed holds policy rate in 5.25%-5.50% range, sees 75 bps cut next year

Fed's 'soft landing' scenario still on the table

Dollar, US stocks gain, Treasury yields dip ahead of Fed announcement

The main market focus will be on Fed officials' updated economic and interest rate projections, with the U.S. central bank expected to leave rates unchanged for the third consecutive meeting

US CPI rises 3.1% in Nov, uptick not Fed incentive for early ease: Experts

The consumer price index edged up 0.1% last month after being unchanged in October, the Labor Department's Bureau of Labor Statistics said Tuesday

US inflation likely cooled again last month as Fed prepares to assess rates

This year's steady slowdown in US inflation likely continued in November, though the latest data may also point to steadily higher prices in some areas of the economy. Tuesday's inflation report from the Labor Department is expected to show that businesses kept overall prices unchanged for a second straight month. Falling gas prices, in particular, are thought to have offset a rise in food costs from October to November. And compared with a year earlier, inflation is expected to ease to 3.1 per cent from 3.2 per cent in October, according to a survey of economists by FactSet. But a closely watched category called core prices, which excludes volatile food and energy costs, is predicted to rise 0.3 per cent from October to November a monthly pace that far outpaces the Federal Reserve's 2 per cent annual inflation target. On a year-over-year basis, core prices are expected to increase 4 per cent, the same as in October. The Fed considers core prices to be a better guide to the likely

Gold prices fall on a firm dollar as spotlight moves to US CPI data

In the limelight now, is the November US consumer price report due on Tuesday, which could offer more rate cut clues ahead of the Fed's statement and Chair Jerome Powell's comments on Wednesday

US job growth accelerates in November, unemployment rate drops to 3.7%

Nonfarm payrolls increased by 199,000 jobs last month, the Labor Department's Bureau of Labor Statistics (BLS) said in its closely watched employment report on Friday

Fed pivot to interest-rate cuts seen likely to start in May, traders bet

A separate report Friday showed U.S. consumer sentiment improved more than expected in December as households saw inflation pressures easing

US 10-year yields hit three-month lows on growth concerns, rate change

US data this week will be closely watched for new clues on the strength of the economy, with Friday's jobs report for November the main focus

Fed cut expectations 'overdone,' volatility to jump in 2024: BlackRock

"Market pricing for rate cuts is a bit overdone in our view," said Wei Li, Global Chief Investment Strategist for BlackRock. "Rate volatility is here to stay"

BJP win boosts market confidence, Sensex records a new high of 1,384 points

Nifty50 also takes wing to reach fresh high

Fed to move 'carefully' on rates, 'soft landing' taking shape: Powell

Powell and Fed Governor Lisa Cook, who earned her bachelor's degree at Spelman College, were scheduled to participate in a roundtable discussion with local entrepreneurs later on Friday

Sensex soars nearly 1,400 points this week; Here's what led to the rally

November was a blockbuster month for the Nifty index, which rose 5.5 per cent, the most since July 2022

Global stock index rises as dollar, bond yields climb with rates in focus

The dollar gained as investors took profits on bets it would weaken further and shrugged off economic data suggesting the Fed could be done hiking rates

Corporate bond issuances rebound in November as market gains stability

Furthermore, the market is projecting a total increase of a minimum of 15-20 per cent in corporate bond issuances for the entire current financial year compared to the last year

RIL, ICICI, Infy to draw highest flows on US retirement fund switch

The flows in these four companies will range between Rs 1,200 crore and Rs 2,000 crore