Don’t miss the latest developments in business and finance.

New US Fed Chair Jerome Powell

India bond yields start flattish, with eyes on Fed monetary policy decision

The probability of a 50-basis-point cut has more than quadrupled to 59% from just 14% last week, with a total of 119 bps in cuts now expected in 2024

Updated On: 16 Sep 2024 | 10:26 AM IST

India our APAC priority and primary market focus: Bhaskar Laxminarayan

He says that a 25-bp cut with a strong dovish message could be as effective as a 50-bp cut with minimal commentary

Updated On: 15 Sep 2024 | 10:27 PM IST

Markets rise as Fed chief Jerome Powell's comments fuel global rally

Nifty rises 0.75% to reclaim 25,000

Updated On: 26 Aug 2024 | 10:54 PM IST

Pre-market: Gift Nifty, Q4 results, inflation data in focus on May 14

All you need to know before the market opens on Tuesday, May 14: Gift Nifty hints a gap-up start; Zomato stock to react to Q4 earnings; Key levels to watch out on the Nifty, Bank Nifty.

Updated On: 14 May 2024 | 7:17 AM IST

Fed Chair Powell's US rates warning means headache for rest of the world

China doesn't have such inflation worries, but rise in the premium of US 10-year government bond yields over their Chinese equivalents to a record high has sparked concerns over depreciation of yuan

Updated On: 18 Apr 2024 | 3:47 PM IST

Fed's balancing act could see rate cut in play even with sticky inflation

Others see a slowing economy and weakening job growth on the horizon, pushing the Fed to cut in order to support the labor market

Updated On: 29 Mar 2024 | 4:39 PM IST

Powell delivers on expected lines; Indian markets to consolidate: Analysts

The US central bank, Powell said, is prepared to hike the benchmark rates and keep the borrowing costs high until inflation comes in the target range of 2%

Updated On: 27 Aug 2023 | 9:33 PM IST

Dollar holds near three-month highs on rates outlook by Jerome Powell

The yuan weakened after the government reported unexpectedly low inflation

Updated On: 09 Mar 2023 | 3:44 PM IST

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

Updated On: 01 Feb 2023 | 11:33 AM IST

Dollar sinks to 3-mth low vs yen as Powell says Fed considering going slow

The dollar-yen pair is extremely sensitive to changes in long-term US yields

Updated On: 01 Dec 2022 | 8:41 AM IST

Wall Street Week Ahead: Defensives, energy, dividend plays gain favour

The S&P 500 is down 9% since mid-August, partially reversing a summer rebound after Federal Reserve Chair warned the central bank's single-minded fight against inflation could lead to economic pain

Updated On: 04 Sep 2022 | 9:59 PM IST

Oil prices mixed as OPEC supply cut prospect neutralises demand fears

Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell

Updated On: 29 Aug 2022 | 8:47 AM IST

Dollar holds firm against euro, sterling as Jerome Powell speech day dawns

The dollar held onto recent gains against the euro and sterling on Friday ahead of Federal Reserve Chair Jerome Powell's widely-anticipated speech, which traders hope will offer clues on the U.S. cent

Updated On: 26 Aug 2022 | 10:10 AM IST

Fed Chair Powell warns of prolonged US recession after coronavirus

He said the US economy may depend on more fiscal stimulus to fight the economic impacts of the coronavirus

Updated On: 13 May 2020 | 7:58 PM IST

US Fed rate cut was expected; virus containment to drive markets: Analysts

In a statement, the US Fed said it was cutting rates by a half percentage point to a target range of 1 per cent to 1.25 per cent

Updated On: 04 Mar 2020 | 2:40 AM IST

US Fed cuts interest rate for the second time in a row: Top 4 highlights

Moderate economic activity, weak business fixed investment and exports, and global uncertainties promoted the Fed to lower the key interest rates, a second since the recession of 2008

Updated On: 19 Sep 2019 | 11:21 AM IST

Will 'act as appropriate': US Fed chief gives no hint about interest rates

The chair, under pressure from President Donald Trump to cut rates soon and deeply, listed a series of economic and geopolitical risks that the Fed is monitoring

Updated On: 23 Aug 2019 | 9:55 PM IST

Height matters?

For the first time since Volcker, the incoming Fed Chair Jerome Powell's height is more than his predecessor's

Updated On: 05 Nov 2017 | 11:07 PM IST