Page 38 - Us Federal Reserve

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

Gold set for third monthly rise on softer dollar, US Fed slowdown bets

Markets are pricing in a 25-basis-points hike (bps) by the Fed, after slowing its pace to 50 bps in December, following four straight 75-bp hikes

Oil prices falls on US Fed interest rate hike worries, Russian export flows

Higher rates could slow the global economy and weaken oil demand

Dollar rises ahead of US Fed decision, but set for fourth monthly drop

The US dollar index, which gauges the currency against major peers, was up 0.31% at 102.56 on Tuesday

Dollar set for fourth monthly drop as US Fed Reserve meeting looms

The euro rose as far as $1.0913 after data showed Spanish inflation running surprisingly hot in January, before the broader mood reeled it back to $1.0851

Gold treads water as spotlight shifts to US Fed Reserve meeting

Gold prices edged up on Monday on a weaker dollar, as investor attention moved to central bank meetings this week for clarity on their rate hike strategies

Sensex ends in green first time in three days, after 945-point swing

Adani rout, budget, Fed meet keep investors on tenterhooks

US inflation, consumer spending cools in Dec as economy slows on Fed hikes

The Federal Reserve's preferred inflation gauge eased further in December, and consumer spending fell - the latest evidence that the Fed's series of interest rate hikes are slowing the economy. Friday's report from the Commerce Department showed that prices rose 5% last month from a year earlier, down from a 5.5% year-over-year increase in November. It was the third straight drop. Consumer spending fell 0.2% from November to December and was revised lower to show a drop of 0.1% from October to November. Last year's holiday sales were sluggish for many retailers, and the overall spending figures for the final two months of 2022 were the weakest in two years. The pullback in consumer spending will likely be welcomed by Fed officials, who are seeking to cool the economy by making lending increasingly expensive. A slower pace of spending could boost their confidence that inflation is steadily easing. Still, the decline in year-over-year inflation matches the Fed's outlook and isn't like

World stocks, dollar edge higher as economic data keeps US Fed on track

The euro slid 0.29% to $1.0857, just off from a nine-month high of $1.09295 it touched on Monday

Crypto wrap: Market in green but Fed announcement to keep volatility high

US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2

Stocks slide in volatile trading in run-up to Budget, Fed Reserve meet

Nifty50 down 1.3%; Bank Nifty slips 2.5%; FPIs withdraw Rs 2,394 cr

Gold prices march higher on slower US Fed interest rate hike bets

Spot gold rose 0.3% to $1,936.62 per ounce by 1137 GMT. U.S. gold futures gained 0.5% to $1,938.00

Bullish trends dominant in run up month to Union Budget, shows report

With the Union Budget for 2023-24 just days away, there are chances that there could be volatility in the BSE benchmark, due to expectations of US Federal Reserve hiking rates

US interest rate-cut expectations have yellow metal shining bright

Mild recession, low inflationary pressures in the US and a stronger rupee would act as headwinds

Financial conditions to be tighter due to Fed's decadal-high rates: Crisil

Liquidity conditions will also not return to surplus as seen in the pandemic years, which will maintain fundamental pressure on domestic interest rates

Rupee registers biggest weekly gain against US dollar in two months

Hope of reduced Fed rate hikes, lack of RBI dollar buys drive rupee gains

Gold at over eight-month high on slower US Fed rate-hike prospects

Data on Thursday showed that US consumer prices fell for the first time in more than 2-1/2 years in December

US inflation cools again to 6.5%, gives Fed room to downshift on rates

The overall CPI fell 0.1% from the prior month, with cheaper energy costs fueling the first decline in 2 1/2 years. The measure was up 6.5% from a year earlier