Page 36 - Us Federal Reserve

Markets decline over Fed officials' hawkish remarks; Sensex down 316 pts

The Nifty50, on the other hand, ended the session at 17,944, down 91 points or 0.5 per cent

India's foreign exchange reserves post biggest weekly fall in 10 months

RBI likely sold dollars to shield rupee amid Fed hike concerns

Goldman Sachs, BofA expect three more US Fed rate hikes this year

Both banks forecast Fed fund rates at 5.25%-5.5% range

Rupee likely to fall on hawkish Fed Reserve comments, higher oil prices

The non-deliverable forwards indicated the rupee would open around 82.60-82.62 per dollar, compared with the 82.4925 closing in the previous session

Markets gain on dovish comments by US Fed chairman; Sensex rise 378 points

Bank Nifty underperforms after RBI raises hikes rate by 25bps

Rupee eyes RBI policy decision, weighs US Federal Reserve's comments

The non-deliverable forwards indicate an opening of 82.68-82.74 for the rupee, compared with 82.70 in the previous session

Dollar pulls back as Jerome Powell sticks to usual US Fed playbook

owell acknowledged that interest rates might need to move higher than expected if economic conditions remained strong but reiterated that he felt a process of disinflation was underway

Dollar climbs as Treasury yields pop on further US Fed rate hike forecasts

Markets were still reeling from the shock of Friday's jobs report, which showed that non-farm payrolls surged by an eye-watering 517,000 in January, well above expectations

Rupee falls 1% as robust US jobs data stokes Fed rate hike fears

Globally, investors fear that the US Fed will have to continue raising interest rates for longer than expected to cool labour markets and bring down inflation

Certainly, uncertainty has declined

Over the past year, global macroeconomic stability has improved, which sets the stage for good growth from 2024

Adani group stock rout has shaken investor faith, says Gaurav Dua

"A monetary policy meeting this week and some important October-December 2022-23 results may influence the near-term direction of markets"

Sensex gains most in nearly three months; Adani stock rout ebbs

Adani Ent shares end 2.2% lower after recovering 50% from day's low

European Central Bank outpaces US Federal Reserve with half-point hike

The European Central Bank has chugged ahead with another outsized interest rate increase, underlining its drive to subdue high inflation even as the European economy slows and the US Federal Reserve eases its pace of hikes. The bank raised its key benchmarks by half a percentage point Thursday and vowed a similar move in March. The Frankfurt-based policymakers are moving aggressively to get on top of price spikes that have slowed but are still hurting households in the 20 countries that use the euro currency. The bank said it will stay the course in raising interest rates significantly at a steady pace and in keeping them at levels that are sufficiently restrictive to ensure a timely return of inflation to its 2 per cent medium-term target." The Bank of England also went big with a half-point hike Thursday, but the Fed pulled back a day earlier, slowing to a quarter-point hike. While ECB President Christine Lagarde essentially announced the move at the bank's December meeting, her

Fed opts for small rate hike, still expects to deliver 'ongoing increases'

The Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday

Global stocks dip, dollar falls as US Fed monetary policy decision looms

Investors have viewed a weaker labor market as a key component to bring down stubbornly high inflation

Sooner or later, US Fed may need technical tweaks for rate control toolkit

The Fed is widely expected to raise the target rate to 4.5% to 4.75% at Wednesday's Federal Open Market Committee meeting

Gold prices edge down as traders strap in for US Fed policy decision

Gold tends to appreciate on expectations of lower interest rates, which reduce the opportunity cost of holding non-yielding bullion

Oil prices stable as market awaits Federal Reserve, OPEC decisions

WTI is trading in contango, which means front-month delivery contracts are trading higher than later deliveries, indicating current oversupply

Currencies take a breather as investors await US Fed interest rate decision

After a series of jumbo rate hikes in 2022 to tame inflation, the market is all but certain of a 25 basis points (bps) increase in interest rates later on Wednesday

Jerome Powell likely to underscore US Fed's inflation fight far from over

Inflation is cooling, and parts of the economy appear to be weakening. But Chair Jerome Powell is likely Wednesday to underscore that the Federal Reserve's primary focus remains the need to fight surging prices with still-higher interest rates. With financial markets anticipating that the Fed will stop raising rates soon and possibly even cut them later this year, analysts say Powell will need to push back against such optimism. If financial markets expect lower rates than what the Fed plans to deliver, the central bank's already treacherous task can become even harder. Powell's tough message will likely emerge at a news conference after the Fed's 19-member policy committee announces its latest action. The policymakers are set to raise their benchmark rate by a quarter-point to a range of 4.5% to 4.75%, its highest level in about 15 years. The move could further increase borrowing rates for consumers as well as companies, ranging from mortgages to auto and business loans. In some