Fed Rate Hike
Asian shares turn cautious with US Fed in focus, yen up as BOJ chief speaks
Traders see very little chance that BOJ could hike rates in Oct after recent sell-off, but Ueda said the central bank stood ready to raise rates if economy and prices move in line with its forecast
 "Asian shares turn cautious with US Fed in focus, yen up as BOJ chief speaks")
US inflation rose modestly as Fed officials signal no rate hike likely
Inflation in the United States likely eased again last month, though the decline might have slowed since summer, a reminder that the outsize price pressures of the past two years will take more time to cool. Consumer prices are forecast to have risen 0.3% from August to September, according to economists surveyed by the data provider FactSet. Such a rise would be much slower than the previous month's 0.6% price increase but still too fast to match the Fed's 2% inflation target. Excluding volatile food and energy costs, core prices likely also rose 0.3% in September, the same as in August. The Federal Reserve tracks the core figure in particular as a good indicator of the likely future path of inflation. Thursday's inflation data could bolster or undercut the growing belief that the Fed can tame inflation through the series of 11 interest rate hikes it imposed beginning in March 2022 without causing a recession. Hiring surged unexpectedly in September, the government reported last
 "US inflation rose modestly as Fed officials signal no rate hike likely")
Interest rate hikes echo globally as inflation proves unrelenting
Swiss officials showed they're not ready to call time on monetary action either, even with inflation near 2%
 "Interest rate hikes echo globally as inflation proves unrelenting")
Bitcoin climbs to 10-month high of $30,000 as rate hike worries ease
For the past three weeks, Bitcoin was stuck in the range of $26,500 and $29,400
 "Bitcoin climbs to 10-month high of $30,000 as rate hike worries ease")
Oil steadies after falling on rate hike worries, Russian crude flows
Brent crude futures gained 28 cents to $85.18 per barrel by 0155 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up 9 cents to $77.99
 "Oil steadies after falling on rate hike worries, Russian crude flows")
Crypto wrap: Market in green but Fed announcement to keep volatility high
US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2
 "Crypto wrap: Market in green but Fed announcement to keep volatility high")
Dollar wobbles as US inflation fuels hopes of slower Fed rate path
The dollar index, which measures the U.S. currency against six others, rose 0.059% to 102.220 but was languishing around its lowest level since June
 "Dollar wobbles as US inflation fuels hopes of slower Fed rate path")
India economy to reach $7 trillion mark in next seven years: CEA Nageswaran
Nageswaran added that the economy will be $3.5 trillion by the end of the current fiscal, FY23
 "India economy to reach $7 trillion mark in next seven years: CEA Nageswaran")
US dollar struggles as recession worries simmer, bets on slower rate hike
The yuan hovered near an almost three-month high after China revealed a loosening of stifling COVID restrictions
 "US dollar struggles as recession worries simmer, bets on slower rate hike")
Rate hike slowdown possible in Dec, inflation fight not over: Fed's Powell
The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," Fed Chair Jerome Powell said
 "Rate hike slowdown possible in Dec, inflation fight not over: Fed's Powell")
Dollar set for weekly loss amid expectations of US Fed slow hikes
The dollar was struggling to make headway after thin trading on Thursday due to the U.S. Thanksgiving holiday
 "Dollar set for weekly loss amid expectations of US Fed slow hikes")
Dollar headed for weekly loss as investors brace for slower Fed hikes
The dollar stood close to a three-month low and was on track for a weekly loss on Friday, as the prospect of the Federal Reserve slowing monetary policy tightening
 "Dollar headed for weekly loss as investors brace for slower Fed hikes")
Gold prices flat as market awaits Fed minutes for rate-hike path
Spot gold was flat at $1,739.90 per ounce by 0121 GMT
 "Gold prices flat as market awaits Fed minutes for rate-hike path")
Rupee falls 39 paise to fresh lifetime low of 82.69 against US dollar
The rupee fell 39 paise to an all-time low of 82.69 against the US dollar in early trade as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit
 "Rupee falls 39 paise to fresh lifetime low of 82.69 against US dollar")
Hawkish Fed may prompt Reserve Bank to deliver a 50-basis-point hike
The RBI's monetary policy committee (MPC) has already hiked the key policy rate by 140 bps since May to 5.4%
 "Hawkish Fed may prompt Reserve Bank to deliver a 50-basis-point hike")
Embattled emerging markets face fresh pain from US Fed rate hikes
That's a sharp and swift change from just 12 months ago, when Fed forecasters predicted no rate hikes in 2023
 "Embattled emerging markets face fresh pain from US Fed rate hikes")
Treasury yields highest in over a decade before Fed meeting; dollar gains
The benchmark 10-year Treasury yield hit its highest in over a decade on Monday and the dollar strengthened as investors were on edge before an expected hefty Fed interest rate hike
 "Treasury yields highest in over a decade before Fed meeting; dollar gains")
Three key trades to watch before another jumbo Fed interest rate hike
Investors bracing for another jumbo Federal Reserve rate hike are focused on a few key trades: betting on deeper inversion in the US yield curve, further losses in stocks and a stronger dollar
 "Three key trades to watch before another jumbo Fed interest rate hike")
Dollar climbs with US yields after Fed doves say expect more rate hikes
The US dollar remained elevated on Wednesday following its biggest surge in three weeks against major peers overnight
 "Dollar climbs with US yields after Fed doves say expect more rate hikes")
Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation
Markets perceive Fed as being less hawkish
 "Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation")
