Page 31 - Us Federal Reserve

Largest US banks would survive severe recession, Fed's 'stress tests' show

The nation's 23 largest banks passed the Federal Reserve's so-called stress tests this year, a sign that the nation's banking system remains resilient despite the recent banking crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank. The Fed's report issued Wednesday did show some relative weakness among the midsize banks and "super regional" banks, with some getting a passing grade with a smaller cushion than usual. Those results could raise eyebrows among investors and policymakers. Fed policymakers also hinted that they could make the tests harder in future iterations, due to the banking crisis earlier this year. We should remain humble about how risks can arise and continue our work to ensure that banks are resilient to a range of economic scenarios, market shocks, and other stresses, said Michael Barr, the Fed's vice chair for supervision, in a statement. The stress tests have become an annual report card for the nation's financial system

Markets have been over-optimistic in foreseeing rate cuts: Rahul Bhuskute

The biggest possible risk for Indian equities and for all asset classes globally is the possibility of delayed interest rate cuts by central banks globally, says Rahul Bhuskute, CIO, Bharti AXA Life

Interest rate hikes will come at a 'careful pace' from here: Fed's Powell

Powell did not specify his own view on when and how high rates should move. Most policymakers see at least two more quarter-point rate increases by the end of this year

Bitcoin breaches $30k-mark fuelled by Powell's comments, spot ETF filings

US Fed chair Jerome Powell on Wednesday said they see 'payment stablecoins as a form of money'

Rewards and risks

Picking small stocks is always difficult

Rupee ends higher on dollar inflows; Fed's testimony to lawmakers in focus

Foreign investors have poured about $1.8 billion into Indian equities this month, having bought shares worth $5.1 billion in May

Oil rises as hawkish Fed talk expectations offset China demand worries

The congressional testimony by Powell later on Wednesday is expected to provide clues on future rate moves in the world's biggest economy

Indian stocks inch towards record highs ahead of US Fed Chair's testimony

By Bharath Rajeswaran

Markets dip as US Federal Reserve signals more interest rate hikes

US central banks pauses rate increase but signals two more hikes later this year

Sensex sheds 311 pts on Fed rate hike scare; banks, IT shares wither

CLOSING BELL ON JUNE 15, 2023: The weekly Nifty and Bank Nifty options expiry pressure saw the NSE benchmark drop 0.4 per cent, while the latter tumble 1.2 per cent.

Unlikely that the RBI will precede the US Fed in pivoting to a rate cut

RBI Guv Das needs to keep financing conditions easier to aid growth, while also maintaining adequate rate differential to attract foreign portfolio flows

Top headlines: Evacuation completed ahead of cyclone, US Fed holds rate

Business Standard brings you the latest headlines at this hour

US Fed keeps rates unchanged but signals two more potential hikes this year

The US Federal Reserve kept its key interest rate unchanged Wednesday after having raised it 10 straight times to combat high inflation. But in a surprise move, the Fed signalled that it may raise rates twice more this year, beginning as soon as next month. The Fed's move to leave its benchmark rate at about 5.1 per cent, its highest level in 16 years, suggests that it believes the much higher borrowing rates it's engineered have made some progress in taming inflation. But top Fed officials want to take time to more fully assess how their rate hikes have affected inflation and the economy. The central bank's 18 policymakers envision raising their key rate by an additional half point this year, to about 5.6 per cent, according to economic forecasts they issued Wednesday. The economic projections revealed a more hawkish Fed than many analysts had expected. Twelve of the 18 policymakers forecast at least two more quarter-point rate increases. Four supported a quarter-point increase. On

Still-hawkish Fed Reserve pauses rate tightening after 10 straight hikes

"The Fed is calling for a more resilient economy this year and a smaller rise in unemployment"

Federal Reserve holds rates steady, sees two small hikes by end of year

Further rate increases would take into account cumulative tightening of monetary policy, lags with which policy affects economic activity, inflation, and economic and financial developments, it said

Dollar down on soft inflation data as traders price in Fed rate hike skip

The dollar index - which measures the performance of the U.S. currency against six others - dipped 0.2% to 103.14, after touching its lowest since May 22 overnight at 103.04

Metals, FMCG stocks lift Indian stock market ahead of US Fed decision

The blue-chip Nifty 50 index closed 0.21% higher at 18,755.90, while the benchmark S&P BSE Sensex rose 0.14% to 63,228.51

Indices end lower as investors brace for Federal Reserve's monetary policy

Sensex, Nifty dip for second day in a row but manage to eke out weekly gains

US Federal Reserve 'pause' on rate hikes in doubt after strong US data

Inflation by the Fed's preferred gauge actually accelerated to 4.4% from a year ago, the report showed

Don't see another US Fed rate hike soon, says CEA V Anantha Nageswaran

Steel, cement sectors in India ready for greenfield investment, says Nageswaran