Page 35 - Us Federal Reserve

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

US recession 'imminent', time to book profits, says BofA Securities

The brokerage says that with markets currently near their peaks, it "leaves room for correction with the onset of a recession in the US".

Powell signals a rate pause in June, says Fed can afford to watch data

Officials raised rates by a quarter percentage point earlier this month to a target range of 5 to 5.25 per cent and signaled they could pause. They next meet June 13-14

Why Fed rate-hike pause may not be good for stocks as Wall Street hopes?

The possible end to the Federal Reserve's long campaign of rate hikes appears like an oasis to beaten-down Wall Street investors, but is it a mirage? With inflation cooling from its peak last summer, Wall Street overwhelmingly assumes the central bank will hold rates steady for the first time in more than a year when it meets next month. High rates knock down inflation by slowing the economy, raising the risk of a recession and hurting prices for all kinds of investments. The stock market has held steady in recent weeks as investors bet on a pause by the Fed, offsetting a long list of other concerns, from cracks in the US banking system to the US government's edging toward what could be a catastrophic default on its debt. History seems to be on Wall Street's side. Going back to the 1980s, the S&P 500 has jumped an average of nearly 6 per cent in the three months after the Fed makes its final increase in a rate-hike campaign. But something makes today different than those four ...

How US banks, Fed are prepping for default and the chaos which might follow

A severe and prolonged global economic recession would be all but guaranteed, and the reputation of the US and the dollar as beacons of stability and safety would be further tarnished

Fed, social media contributed to bank's collapse, says SVB's former CEO

Becker said comparisons by the media between SVB and Silvergate Capital Corp., which announced plans to wind down just days before his bank's seizure, contributed to SVB's failure

Anatomy of a bank failure

A radical change is necessary in the appointment of independent directors in India in light of the extensive failures in oversight and management of US banks