Us Fed

Wall Street rebounds, dollar stalls as markets digest Fed's slowdown signal

The dollar gave back some of Wednesday's gains and gold rallied as investors grew accustomed to the reality that the central bank will take a slower, more measured approach to policy easing

Trump, not yet in office, already a figure in global economic policy

Some Fed officials incorporated 'highly conditional estimates' of Trump effects in new projections

Dollar slips as Fed signals slower pace of rate cuts, yen slides on BOJ

Currencies around the world tumbled on Wednesday after the Fed decision boosted the dollar, although many rebounded on Thursday in choppy trading conditions with thin volumes ahead of holiday period

Dow Jones, Sensex sink on US Fed rate cut news; check key takeaways

Dow Jones: The Dow Jones Industrial Average slid 1,123.03 points, or 2.58 per cent, to 42,326.87 on Wednesday - declining for a 10th day and clocking its longest losing streak since 1974

Market Today: GIFT Nifty sinks; Dow Jones bleeds on Fed rate cut; DAM IPO

The central bank delivered its 3rd consecutive rate cut but signaled a slowdown in future reductions, leaving investors wary. The Fed trimmed its benchmark interest rate by a widely anticipated 25 bps

US retail sales increase more than expected in Nov on strong demand

Signs of strong domestic demand added to warmer inflation readings in recent months in suggesting that the Fed could pause rate cuts in January

Fed policymakers likely to project fewer rate cuts next year, and why

It may not be all that surprising that a growth upgrade for next year may be back in the cards again this week when Fed policymakers gather to deliver what is expected to be a third interest rate cut

Oil dips on demand concerns, focus on US Fed interest rate decision

Brent crude futures eased 32 cents to $73.59 a barrel at 0949 GMT, while US West Texas Intermediate crude was down 44 cents at $70.27 a barrel

US treasury yields dip as traders await Fed's rate decision due on Wed

The Fed is expected to say that it will be in no rush to make further cuts as inflation improves but remains above its 2 per cent annual target, while the labor market also remains relatively strong

Dollar hovers near 3-week high before Fed meet, bitcoin tops $106,000

Bitcoin soared above $106,000 for the first time, buoyed by signs President-elect Donald Trump will go ahead with a potential strategic bitcoin reserve

Gold prices rise on expectations of Fed rate cut, inflation data on tap

Investors are eyeing the US Consumer Price Index (CPI) release on Wednesday and the Producer Price Index (PPI) on Thursday

US hiring rebounds, but rising unemployment keeps Fed rate cut alive

Nonfarm payrolls rose 227,000 last month following an upwardly revised 36,000 gain in October according to Bureau of Labor Statistics figures released Friday

Import tariffs under Trump's first term hurt US firms: NY Fed analysis

Firms exposed to trade with China in particular, about half of publicly listed companies, saw bigger stock market losses on days when import tariffs were announced during 2018 and 2019

Four US Fed policymakers favour more rate cuts, but differ on pace

The remarks provide a small taste of what's expected to be a broad but closed-door debate of the appropriate path for policy at the Fed's upcoming policy meeting, on Nov. 6-7

Asian stocks cautious after mixed China data, dollar firm on Fed view

US currency was also supported by recent market contemplation of a potential election victory for Donald Trump

Dollar edges down against yen after signs of labour market weakness

The greenback was down 0.39 per cent at 148.71 yen after rising to as high as 149.58 yen for the first time since Aug. 2 . The euro dropped to its lowest since Aug. 9 against the dollar

US consumer prices rise slightly in Sep, keep hopes of rate cut alive

The consumer price index increased 0.2 per cent last month after gaining 0.2 per cent in August, the Labor Department's Bureau of Labor Statistics said

Gold's fall continues on sixth day ahead of Fed meet, US inflation data

Even after the losses, gold prices are set for an over 25 per cent rise this year after prices hit a record peak of $2,685.42 on Sept. 26

SNB cuts interest rates by 25 basis points for third time this year

Markets had priced in a 55 per cent probability of a 25 basis point cut before the decision

Fed made 'declaration of progress' with interest rate cut, says Biden

President Joe Biden said on Thursday the Federal Reserve's decision to lower interest rates was an important signal that inflation has eased as he poked at Donald Trump's economic policies as a failure in the past and sure to fail again if revived. Lowering interest rates isn't a declaration of victory," Biden told the Economic Club of Washington, DC. "It's a declaration of progress, to signal we've entered a new phase of our economy and our recovery. The Democratic president emphasised that there was more work left to do, but he used his speech to burnish his economic legacy even as he criticised Trump, his Republican predecessor who is running for another term. Trickle down down economics failed," Biden said. "He's promising again trickle down economics. It will fail again. Biden said Trump wants to extend tax cuts that disproportionately benefit the wealthy, costing an estimated USD 5 trillion, and implement tariffs that could raise prices by nearly USD 4,000 per family, somethi