Us Monetary Policy

Fed is independent, but could markets be right about Trump's push for cuts?

Trump's push for democratic control of the Fed and its independence are not mutually exclusive

Gold rises Rs 10 to Rs 82,860, silver falls Rs 100 to Rs 96,400 per kg

The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 75,960

RBI MPC policy: Repo rate in focus; what factors may influence decision?

RBI MPC policy meet: The Reserve Bank of India (RBI) is expected to hold the rate at 6.5 per cent again amid inflationary pressures. However, a cut may be possible going ahead

RBI's proposed liquidity norms expected to raise demand for bonds

The new norms will pose requirements for higher liquid assets for the banks to shore up their LCRs

Average long-term US mortgage rate edges closer to 7%, highest since March

The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what's traditionally the busiest time of the year for home sales. The average rate on a 30-year mortgage rose to 6.88% from 6.82% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.27%. When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford at a time when the U.S. housing market remains constrained by relatively few homes for sale and rising home prices. Rates have been mostly drifting higher in recent weeks as stronger-than-expected reports on employment and inflation have stoked doubt among bond investors over how soon the Federal Reserve will move to lower its benchmark interest rate. The central bank has signaled that it expects to cut its short-term rate three times this year once it sees more evidence of cooling inflation. On Wednesday, Treasury yiel

Amid healthy US jobs report, US Fed likely to delay interest rate cuts

US employers hired far more workers than expected in March and raised wages at a steady clip, the Labor Department said

Dollar eases as market shrugs off rise in US monthly consumer prices

The dollar index fell 0.07% to 104.04, while the euro was up 0.08% to $1.0785

Oil prices fall as US jobs data dents hope for near-term rate cuts

High interest rates, which tend to dampen economic growth and oil demand, in major economies like the United States and the euro zone appear to be here to stay in the near term

RBI MPC: When and where to watch policy announcement by Shaktikanta Das

Experts have said that RBI is likely to keep the repo rate unchanged at 6.5 per cent in view of elevated inflation and other global factors

Shares trade in green as Fed weighs inflation risks, yields steady

Gains on Wall Street lifted global stocks, and the MSCI All Country stock index edged 0.12% higher

India inflation to return to comfort band once veg prices dip: MPC's Goyal

Led by vegetables, food inflation in India soared to an over 3-year high of 11.5% in July. This pushed retail inflation to 7.44%, above the RBI's comfort band

Best of BS Opinion: Unwelcome reminder, Beyond Bali, and more

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

Bond yields track US peers on Federal Reserve interest rate hike

Total trade volumes in the regular secondary bond market were at Rs 21,150 crore on Thursday

Strong dollar vs foreign inflows: Rupee in fine balance ahead of Fed meet

Analysts expect rupee to trade in the range of 78-80 per dollar, for now

Gold prices range-bound as investors brace for US inflation data

A robust inflation reading is expected to burnish gold's appeal as an inflation hedge, but interest rate hikes would raise the opportunity cost of holding non-yielding bullion

BS Number Wise: Working in tandem on monetary policy

Central banks of the world are implementing coordinated rate reduction but such convergence is neither new nor permanent

Why Jerome Powell pivoted on inflation

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

Fed prepares faster end to stimulus, making earlier rate hikes likely

The identification of the Omicron coronavirus variant last month has added a new level of uncertainty for US central bank officials

Best of BS Opinion: US monetary policy, environmental issues, and more

Here are the best of Business Standard's opinion pieces on Monday

The question of US monetary policy

In contrast to the US, India is in the early stages of its inflation journey