Page 9 - Federal Reserve

RBI may hold fire even if Fed hikes rates twice: CEA V Anantha Nageswaran

RBI Governor Shaktikanta Das recently said at the Business Standard's BFSI Insight Summit domestic factors determined India's monetary policy

US Fed leaves rates unchanged at 5.25%-5.50%, says economy is strong

''Economic activity expanded at a strong pace in the third quarter," the U.S. central bank said in a policy statement after a two-day meeting

Federal Reserve expected to leave benchmark interest rate unchanged

Fed Chair Jerome Powell has said the pieces of the low-inflation "puzzle" may be aligning, though the central bank hasn't declared its inflation fight over

JPMorgan profit rises on interest income boost, First Republic purchase

Shares of the bank fell 0.7% in premarket trading

Fed policymakers flag high rates for 'some time' while risks shift

In forecasts issued last month, 12 of 19 officials projected one more hike this year, while the median estimate showed they expected fewer rate cuts in 2024 and 2025

Equity markets extend gains as oil prices, interest rate concerns ease

Brent crude prices dipped to just below $89 per barrel on the same day

Federal Reserve officials may to go for another pause after surge in yields

Investors currently see little chance of a rate hike at the October 31-November 1 meeting, and are assigning less-than-even odds to any additional tightening in 2023

Safeguarding 'safe' US govt bonds

Prices of government bonds can fall massively due to interest rate risk. But a fresh policy can change this

Expect status quo on rate and no change in stance

As the festival season approaches, followed by elections, state and national, there will be pressure on liquidity since cash with the public will rise

Soaring in first half of FY24, equity markets likely to hit air pocket

Benchmark and broader market indices up 11-42% but rising US bond yields, oil prices threaten to pull them down

Federal govt headed into a shutdown; what does it mean and what's next?

The federal government is heading toward a shutdown that will disrupt many services, squeeze workers and roil politics as Republicans in the House, fuelled by hard-right demands for deep cuts, force a confrontation over federal spending. While some government entities will be exempt Social Security checks, for example, will still go out other functions will be severely curtailed. Federal agencies will stop all actions deemed non-essential, and millions of federal employees, including members of the military, won't receive paychecks. Here's a look at what's ahead if the government shuts down on October 1. WHAT IS A GOVERNMENT SHUTDOWN? A shutdown happens when Congress fails to pass some type of funding legislation that is signed into law by the president. Lawmakers are supposed to pass 12 different spending bills to fund agencies across the government, but the process is time-consuming. They often resort to passing a temporary extension, called a continuing resolution or CR, to a

US Federal Reserve policymakers expect 5.1% policy rate at end of 2024

The dialed back pace of anticipated policy easing next year goes hand in hand with what policymakers expect to be mixed progress toward the Fed's 2% inflation goal

Equity market dip, Federal Reserve signaling peak rate to boost gold

High oil prices would be detrimental; use any correction to build 5-15% allocation

Markets log best weekly gains since June; indices near lifetime highs

Banking stocks gain after I-CRR rollback

Fed's Powell says higher rates may be needed, will move 'carefully'

"It is the Fed's job to bring inflation down to our 2% goal, and we will do so," Powell said in a keynote address to the Jackson Hole Economic Policy Symposium

Sensex slides 366 pts, extends losing run to 5-weeks; Nifty tests 19,250

CLOSING BELL ON AUGUST 25, 2023: The BSE benchmark has shed 2.7 per cent or 1,797 points in the last five straight weeks. HDFC Bank, Larsen & Toubro and ITC were the major laggards on Friday.

S&P Global downgrades multiple US banks on growing liquidity worries

Borrowing costs globally have also surged, with the US Treasury yields hitting their highest in 16 years as the bond market rout entered its sixth week on Tuesday

Gold price falls Rs 380 to Rs 59,020; silver dips Rs 500 to Rs 72,500

The price of 22-carat gold dipped Rs 350, with the yellow metal selling at Rs 54,100

Goldman Sachs pencils in first Federal Reserve rate cut for Q2 of '24

Fed policymakers in March 2022 began ramping up their target for the benchmark rate to a range of 5.25 per cent to 5.5 per cent

Bond market sees no end to tumult as Federal Reserve casts a hawkish shadow

That uncertainty, along with an increase in new debt sales as the federal government contends with mounting deficits, has weighed on the bond market