Page 78 - Us Federal Reserve

Global stock markets fall on virus concern, tighter Fed policy

Global stock markets and Wall Street futures tumbled Monday amid concern about the latest coronavirus variant and tighter Federal Reserve policy. London and Frankfurt opened sharply lower. Shanghai, Tokyo and Hong Kong also fell at the start of a trading week that will be shortened by Christmas. Benchmark US oil fell by more than $3 per barrel. The spread of the omicron variant has fuelled fears that renewed curbs on business and travel might worsen supply chain disruptions and boost inflation. Omicron threatens to be the Grinch to rob Christmas, Mizuho Bank's Vishnu Varathan said in a report. The market prefers safety to nasty surprises. In early trading, the FTSE 100 in London fell 1.7% to 7,143.60 and the DAX in Frankfurt lost 2.4% to 15,155.71. The CAC 40 in Paris sank 2% to 6,787.68. On Wall Street, futures for the benchmark S&P 500 index and the Dow Jones Industrial Average lost 1.5%. On Friday, the S&P fell 1% as traders took money off the table after the Fed indicated .

Asian stocks fall on concern about Covid, tighter Fed Reserve's policy

Asian stock markets followed Wall Street lower on Monday amid concern about the coronavirus's latest variant and tighter Federal Reserve policy. Shanghai, Tokyo, Hong Kong and Sydney retreated at the start of a trading week that will be shortened by the Christmas holiday. Wall Street fell Friday as traders took money off the table after the Fed indicated it would fight inflation by speeding up withdrawal of economic stimulus. The spread of the omicron variant has fueled fears that renewed curbs on business and travel might worsen supply chain disruptions and boost inflation. Omicron threatens to be the Grinch to rob Christmas, Mizuho Bank's Vishnu Varathan said in a report. The jury is out, which squares with a market that prefers safety to nasty surprises. The Shanghai Composite Index fell 0.5 per cent to 3,613.50 and the Nikkei 225 in Tokyo tumbled 1.7 per cent to 28,055.28. The Hang Seng in Hong Kong sank 0.9 per cent to 22,976.86. The Kospi in Seoul retreated 1.4 per cent to

Dollar shines, euro drops as Omicron spreads while Fed hawks circle

The US dollar hovered near the highest since July of last year against major peers after a Federal Reserve official signaled a first pandemic-era interest rate hike could come as early as March

Waller backs March Fed liftoff, Daly sees two or three 2022 hikes

Fed Chair Jerome Powell and his colleagues agreed on Wednesday to double the pace at which they wind down their bond-buying program, putting them on track to wrap it up by mid-March

EM equities to underperform in 2022 on central bank policy action: Analysts

While most analysts see monetary policy normalisation across the world in 2022, rate trajectories are likely to diverge across geographies, they said

US Fed's policy to intensify FPI sell off on Dalal Street?

The US Fed has signalled a hawkish stance in the coming years while keeping the policy rates unchanged for now. Find out what the US Fed's policy means for India and where the benchmarks are headed

TMS Ep66: Global chipmakers, back to office plans, US Fed policy, 6G

Will India's $10 billion push woo global chip makers? Has Omicron derailed IT firms' back-to-office plans? US Fed's policy to intensify FPI sell off on Dalal Street? What is 6G tech? All answers here

Best of BS Opinion: India's communalised self, US' taper talks, and more

Here is the best of Business Standard's opinion pieces for Friday

Rupee gains, bond yields stable after US Fed keeps policy rates unchanged

The rupee closed at 76.09 a dollar, up from its previous close of 76.23 a dollar

US Fed's taper talk likely to keep the bulls in check on Dalal Street

This is expected to suppress valuations in India; decline in P/E may nullify gains from rise in corporate earnings

Taper without tantrum

Fed pivots on policy, but calm reigns

Why Jerome Powell pivoted on inflation

A surge in wages and benefits got his attention. Other data soon confirmed his concern

Sensex snaps 4-day losing streak, gains 113pts; Infy, RIL shine; banks slip

The broader markets however finished in red, the breadth too was negative

US Fed signals 3 rate hikes on the cards in 2022 as inflation fight begins

The Federal Reserve said on Wednesday it would end its pandemic-era bond purchases in March and pave the way for three quarter-percentage-point interest rate hikes by the end of 2022.

Why the Federal Reserve feels now is time to tighten credit more quickly

The Fed's key rate, now pinned near zero, influences many consumer and business loans, including mortgages, credit cards and auto loans.

US Fed announces faster tapering of asset purchases amid rising inflation

The US Federal Reserve announced a faster tapering of the central bank's asset purchase program beginning in January amid the rising inflation.

Inflation is the biggest test yet for independence of central banks

Today's inflation is due primarily to the disruption the pandemic has caused to key global supply chains

World shares, bond yields rise after Federal Reserve meeting

NEW YORK (Reuters) - Global shares and bond yields rose on Wednesday after the U.S. Federal Reserve said it would end its pandemic-era bond purchases in March and begin raising interest rates as much as three times next year.

Asian stocks rise with bond yields as Fed outcome boosts risk sentiment

Asian stocks followed Wall Street higher after US Federal Reserve said it would end bond-buying stimulus in March

Top headlines: US Fed signals rate hikes, IMF speaks on crypto ban idea

Cryptocurrencies were proving to be a challenge for emerging markets and strong regulation was needed, IMF's Gita Gopinath said. More in today's top headlines