Page 4 - Us Federal Reserve

Rate cut could be a close call as RBI eyes lower CPI, steady growth view

RBI will pare CPI inflation projection again, but might not change growth estimate for now; dovish undertone likely

Fed's Lisa Cook warns US Supreme Court of market 'chaos' if she's fired

The Justice Department has asked the Supreme Court to let Trump remove Cook while it fights a lower court ruling that the economist is likely to succeed in her lawsuit

Gold prices to stay buoyant on Fed cuts, festive buying and global concerns

Gold prices are expected to remain buoyant in the coming week as a combination of global monetary easing, festive demand in Asia, central bank purchases and persistent geopolitical risks will lend support to the precious metal, analysts said. Traders will closely monitor the upcoming trade negotiations between the US and India, and Washington and Beijing, as well as provisional data on manufacturing and services PMI across regions. In addition, crucial US macroeconomic numbers including housing data, personal consumption expenditures, and consumer sentiment will shape market sentiment, they added. Pranav Mer, Vice President, EBG Commodity & Currency Research at JM Financial Services, said: "The bullion is expected to remain supported by firm festive demand in Asia, while ETFs and central banks continue to remain net buyers. Safe-haven buying remains mixed at current high prices." On the Multi Commodity Exchange (MCX), gold futures for October delivery surged Rs 1,616, or 1.5 per .

The US Fed's wrong move: Rate cuts risk fuelling inflation rebound

The Fed's estimate of the neutral rate is wrong. To adequately slow demand, the Fed appears to need the policy rate to be above 4 per cent

Opportunities in long-term bonds, but no big rally ahead: Devang Shah

Investors should focus on short-to-medium bonds and quality corporate debt as RBI nears the end of its rate cut cycle, says Shah

Asian shares to end big central bank week with gains, Nikkei hits record

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 per cent on Friday but is still set for a weekly rise of 0.5 per cent, hovering not far from its four-year tops

Fed cuts rates 25 bps but inflation risks keep investors on edge

Some investors are now less certain that a rapid shift to lower borrowing costs will materialize, potentially dampening optimism that stocks and bonds would get a strong lift from easier policy

Fed in focus: Lower interest rates alone may not aid capital flows to India

This is an unusual position in modern central banking, and particularly for the Fed

Wall St hits record high after Fed indicates more rate cuts; Intel soars

Intel jumped 29% and was set for its biggest one-day gain since October 1987 after Nvidia said it would invest $5 billion in the struggling US chipmaker. Peer Advanced Micro Devices slipped 3.1%

Benchmark indices hit 10-weeks highs after US Fed's 25 bps rate cut

Sensex and Nifty rose to 10-month highs after the Fed's 25 bps cut, with IT and pharma leading gains amid optimism over India-US trade talks and stronger FPI inflows

Trump seeks Supreme Court order to remove Lisa Cook from US Fed board

The Trump administration on Thursday asked the Supreme Court for an emergency order to remove Lisa Cook from the Federal Reserve's board of governors. The Republican administration turned to the high court after an appeals court refused to go along with ousting Cook, part of President Donald Trump's effort to reshape the Fed's seven-member governing board and strike a blow at its independence. The White House campaign to unseat Cook marks an unprecedented bid to reshape the Fed board, which was designed to be largely independent from day-to-day politics. No president has fired a sitting Fed governor in the agency's 112-year history. Cook, who was appointed to the Fed's board by President Joe Biden, a Democrat, has said she won't leave her post and won't be bullied by Trump. One of her lawyers, Abbe Lowell, has said she will continue to carry out her sworn duties as a Senate-confirmed Board Governor.

Powell delivers 25-bps cut but keeps markets guessing on rate path

Federal Reserve Chair Jerome Powell cut rates by 25 bps but left investors uncertain on future easing, citing inflation risks as markets priced in deeper reductions

Asian shares rise as US stocks stay near record highs after Fed rate cut

Asian shares, led by tech stocks, were mostly higher Thursday after Wall Street indexes churned between gains and losses but ultimately remained near their record levels following the Federal Reserve's decision to cut its main interest rate. Japan's Nikkei 225 rose 1.3 per cent to 45,365.98, with tech-related stocks including Disco, Tokyo Electron and SoftBank among the gainers. The Bank of Japan started its two-day policy meeting, with rates expected to be left unchanged. South Korea's Kospi added nearly 1.3 per cent to 3,455.98, with chipmakers SK Hynix and Samsung Electronics among advancers. The Chinese markets were mixed. Hong Kong's Hang Seng slipped 0.2 per cent to 26,856.02, while the Shanghai Composite index added nearly 0.5 per cent to 3,893.95 on optimism over trade negotiations with the US and a potential TikTok agreement. Australia's S&P/ASX 200 dipped 0.5 per cent to 8,778.60 with data released Thursday showing the jobless rate was unchanged at 4.2 per cent in ...

China leaves key interest rate unchanged after Fed rate reduction

Resilient exports and a sharp stock market rally have allowed policymakers to withhold fresh stimulus, market watchers said, even with a broader economic slowdown

Rupee gains to over 2-week high ahead of US Federal Reserve meet outcome

The US rate setting panel is scheduled to announce its policy decision after Indian markets hours. The foreign exchange market has priced in a 25-basis-point rate cut

US Fed wrestles with how many interest rate cuts to make, how fast

With the Federal Reserve widely expected Wednesday to reduce its key interest rate by a quarter-point to about 4.1 per cent, economists and Wall Street investors will be looking for signals about next steps: How deeply might the Fed cut in the next few months? There are typically two different approaches the central bank takes to lowering borrowing costs: Either a measured pace that reflects a modest adjustment to its key rate, or a much more rapid set of cuts as the economy deteriorates in an often-doomed effort to stave off recession. For now, most economists expect it will take the first approach: What many analysts call a recalibration of rates to keep the economy growing and businesses hiring. Under this view, the Fed would reduce rates as many as five times by the middle of next year, bringing its rate closer to a level that neither stimulates or slows the economy. Wall Street traders expect three reductions this year and then two more by next June, according to futures pricin

US court blocks Trump bid to fire Federal Reserve Governor Lisa Cook

A US appeals court has ruled Lisa Cook can remain on the Federal Reserve board while her lawsuit proceeds, after Trump tried to dismiss her over alleged mortgage fraud

Trump expects 'big cut' from Federal Reserve ahead of key policy meeting

The Fed is widely expected to cut interest rates on Sept. 17 as it grapples with a slowing labour market, stubborn inflation and an unprecedented push by Trump for lower borrowing costs

Trump makes final push for court approval to fire Fed's Lisa Cook

Trump last week asked the Washington-based appeals court to temporarily pause a lower court's Sept. 9 injunction blocking him from firing Cook

Foreign portfolio investors pull the ripcord, trade winds to blame

Rising indices push foreign investors into a controlled landing