Page 48 - Us Federal Reserve
US Fed chair Powell's message: Inflation fight may cause recession
'We have got to get inflation behind us. I wish there were a painless way to do that. There isn't'
 "US Fed chair Powell's message: Inflation fight may cause recession")
Have the Indian stock markets rallied too fast, too soon?
Until the S&P BSE Sensex and Nifty50 do not break 57,000 and 17,000 levels, there are higher changes of touching 64,000 and 19,000 levels.
 "Have the Indian stock markets rallied too fast, too soon?")
Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade
The Nifty50 index fell 89 points, or 0.5 per cent, to close at 17,630. The India Vix index rose 2.6 per cent to finish at 18.82
 "Mkts swing after Fed hike; Sensex, Nifty50 shed 1% each in intraday trade")
India, US 10-year yield spread at its lowest in 12 years, shows data
The current spread is nearly 142 bps lower than the 10-year average spread of 518 bps, and 66 bps lower than the 20-year average spread of 442.3 bps
 "India, US 10-year yield spread at its lowest in 12 years, shows data")
Central banks raise rates again as Fed drives global inflation fight
Rates raised from Britain to Indonesia after Fed's Wednesday move; investors price in bigger hikes from ECB; Japan steps in as yen plummets; emerging market currencies under pressure
 "Central banks raise rates again as Fed drives global inflation fight")
Gold risks collapse into bear market as Federal Reserve targets inflation
Bullion's extended retreat -- with prices on course for a sixth consecutive monthly drop in September -- has driven prices close to bear-market territory
 "Gold risks collapse into bear market as Federal Reserve targets inflation")
Top headlines: Fortis shares tank on SC verdict; Rupee hits new low
The rupee closed at a record low of 80.86 to the dollar, down from 79.9750 in the previous session
 "Top headlines: Fortis shares tank on SC verdict; Rupee hits new low")
Bitcoin touches lowest level since December 2020 after Fed's 75 bps hike
As of 12 PM (IST), Bitcoin was trading at $18,735, and Ethereum was at $1,272. The total crypto market cap is now nearing $900 billion
 "Bitcoin touches lowest level since December 2020 after Fed's 75 bps hike")
After US Fed's hike, RBI action in the next two days to decide rupee's fate
The rupee has been one of the best performing currencies and the RBI will be setting the goal post by its actions
 "After US Fed's hike, RBI action in the next two days to decide rupee's fate")
Rupee slumps to new low as Fed hikes rates, signals longer tightening cycle
The rupee hit a new low of 80.47 versus the US dollar in the first few minutes of trade on Thursday.
 "Rupee slumps to new low as Fed hikes rates, signals longer tightening cycle")
Indian rupee tipped to fall further after reaching record low: Analysts
The Indian rupee is likely to fall further after hitting a record low to the dollar on Thursday as the U.S. Federal Reserve hinted at more aggressive rate hikes to tame inflation
 "Indian rupee tipped to fall further after reaching record low: Analysts")
Hong Kong homes on the verge of becoming least affordable in 24 years
Hong Kong housing is at risk of becoming the least affordable in 24 years, as rate hikes by the US Federal Reserve drive up borrowing costs in the Asian financial hub
 "Hong Kong homes on the verge of becoming least affordable in 24 years")
Dollar towering, Asian stocks cowering as Fed interest rates jump higher
The dollar surged to a fresh two-decade high and Asian stocks hit a two-year low on Thursday as the prospect of U.S. interest rates rising further and faster than expected spooked investors
 "Dollar towering, Asian stocks cowering as Fed interest rates jump higher")
Top Headlines: Fed's 3rd big hike, liquidity slides into deficit, and more
Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023
 "Top Headlines: Fed's 3rd big hike, liquidity slides into deficit, and more")
Gap widens between US, India on interest rate hikes since pandemic low
US has hiked rates by 75 basis points on Wednesday to help keep inflation in check
 "Gap widens between US, India on interest rate hikes since pandemic low")
Benchmarks fall after 2-day gain; US Federal Reserve rate decision eyed
Equity indices snapped their two-day rising streak on Wednesday amid mixed global market trends ahead of the keenly awaited US Fed interest rate decision. The 30-share BSE Sensex fell 262.96 points or 0.44 per cent to settle at 59,456.78. During the day, it tanked 444.34 points or 0.74 per cent to 59,275.40. The NSE Nifty went lower by 97.90 points or 0.55 per cent to end at 17,718.35. IndusInd Bank was the biggest laggard in the Sensex pack, tumbling 3.19 per cent, followed by PowerGrid, UltraTech Cement, L&T, NTPC, HCL Technologies, Dr Reddy's, TCS and Bharti Airtel. In contrast, Hindustan Unilever, ITC, Bajaj Finance, Tech Mahindra, Reliance Industries, Mahindra & Mahindra, Nestle India and HDFC Bank were the gainers, climbing as much as 1.60 per cent. "Markets across the globe were trading with considerable volatility ahead of the Fed policy announcement. A 75 bps hike by Fed was factored in by the markets, while reports of mobilising Russian forces in Ukraine has ...
 "Benchmarks fall after 2-day gain; US Federal Reserve rate decision eyed")
Rupee sheds 0.3% as US dollar soars ahead of Fed's policy statement
Putin's call for partial mobilisation hits risk appetite in currency market
US bank CEOs grilled by Congress over economy, consumer protections, Russia
JPMorgan Chase's Jamie Dimon said consumers continued to be in 'rather good shape', but there is a chance of a mild recession which could be worse depending on the course of Russia's war in Ukraine
 "US bank CEOs grilled by Congress over economy, consumer protections, Russia")
Gold regains some poise on latest Russia jitters; focus on Fed rate hike
Spot gold was up 0.7% at $1,674.79 per ounce by 1205 GMT. U.S. gold futures rose 0.7% to $1,683.
Rupee closes at new low ahead of near-certain big Fed rate-hike
The mobilisation of troops by Russian President Vladimir Putin piled on more pressure on the rupee, already weighed by the surging dollar index
 "Rupee closes at new low ahead of near-certain big Fed rate-hike")