Janet Yellen

US Fed opens policy meeting; interest rate hike likely

US Fed opens policy meeting; interest rate hike likely

It would be the third rate hike this year, and possibly the final time Federal Reserve Chair Janet Yellen presides over a policy move since President Donald Trump has opted to replace her in February.

Dec 13, 2017, 00:17 AM IST
Fed chair nominee Powell pledges to 'respond decisively' to economic threats

Fed chair nominee Powell pledges to 'respond decisively' to economic threats

During Powell's time as a governor the Fed has regularly come under the criticism of Republican lawmakers worried that the central bank`s bondbuying and other crisis response programs created risks to the financial system, and that central bankers had accumulated too much discretionary power.

Nov 28, 2017, 21:46 PM IST
Janet Yellen to step down from Federal Reserve board

Janet Yellen to step down from Federal Reserve board

Yellen's decision gives Trump in his first year in office the chance to fill five positions on the Fed's seven-member board, in addition to picking Powell to be the next Fed chairman.

Nov 21, 2017, 07:14 AM IST
Global Economy - Communication breakdown?

Global Economy - Communication breakdown?

Since the Fed began raising rates in 2015, the difference between long- and short-term US yields has shrunk to levels not seen since before the 2008 financial crisis, reaching 67 basis points -- its flattest in a decade -- in the past week.

Nov 10, 2017, 17:25 PM IST

BoE set for hike, Fed to get new head, trillion-dollar Apple?

The dollar index, which tracks the greenback against a basket of six major rivals, slipped 0.2 percent to 94.533 as it pulled back 0.3 percent against the yen to 113.89 and $1.1655 per euro.

Nov 02, 2017, 16:33 PM IST
Raghuram Rajan ideal candidate to head US Fed: Barron's magazine

Raghuram Rajan ideal candidate to head US Fed: Barron's magazine

Rajan, who at 40 was the first non-western and the youngest to become the chief economist at the International Monetary Fund, shot to big fame three years after he predicted a financial crisis at an annual gathering of economists and bankers in the US in 2005.

Oct 31, 2017, 16:50 PM IST
Janet Yellen says gradual hikes should continue, despite weak inflation

Janet Yellen says gradual hikes should continue, despite weak inflation

Yellen walked systematically through many of the main arguments in favor of a structural change in inflation, and largely discounted them.

Sep 26, 2017, 23:55 PM IST
Markets hold steady, gains fizzle out on F&O expiry

Markets hold steady, gains fizzle out on F&O expiry

Market benchmarks Sensex and Nifty on Thursday closed flat after touching new all-time highs intra-day, impacted by selling pressure in the wake of July derivatives expiry and a rush to take profit by investors.

Jul 27, 2017, 17:33 PM IST
Dow, S&P notch record closes on dimmed rate hike prospects

Dow, S&P notch record closes on dimmed rate hike prospects

The Dow and S&P 500 hit record highs on Friday after weak economic data dulled prospects of more interest rate hikes this year.

Jul 15, 2017, 11:27 AM IST
Global growth to boost US exports: Fed chair Yellen

Global growth to boost US exports: Fed chair Yellen

Projecting an upbeat economic prospect for America, federal reserve chair Janet Yellen has told US lawmakers that global growth is expected to boost the country's exports.

Jul 13, 2017, 13:22 PM IST
Sensex, Nifty at record highs: Five factors which are driving the rally

Sensex, Nifty at record highs: Five factors which are driving the rally

Benchmark equity indices hit an all time high on Thursday fuelled by steep drop in retail inflation and dovish comments from the US Fed on Wednesday.

Jul 13, 2017, 13:04 PM IST
US Fed raises rates, unveils balance sheet cuts in sign of confidence

US Fed raises rates, unveils balance sheet cuts in sign of confidence

The Federal Reserve raised interest rates on Wednesday for the second time in three months and said it would begin cutting its holdings of bonds and other securities this year, signalling its confidence in a growing US economy and strengthening job market.

Jun 15, 2017, 10:00 AM IST
Gold moves below Rs 29K-level; slips by Rs 150 to Rs 28,950 per ten grams

Gold moves below Rs 29K-level; slips by Rs 150 to Rs 28,950 per ten grams

After yesterday's strong rally, gold prices slipped by Rs 150 to Rs 28,950 per ten grams, largely on its global weakness amid subdued demand from local jewellers.

Mar 17, 2017, 14:50 PM IST
Gold regains 29,000-mark, soars Rs 450 on global cues

Gold regains 29,000-mark, soars Rs 450 on global cues

Gold prices rose sharply by Rs 450 to regain the Rs 29,000-mark and trade at Rs 29,100 per 10 grams at the bullion market today, tracking a firm trend overseas amid fresh buying by local jewellers.

Mar 16, 2017, 14:35 PM IST
US Fed likely to hike interest rate on Wednesday

US Fed likely to hike interest rate on Wednesday

Market expectations of an interest rate hike by the US Federal Reserve later on Wednesday have heightened sharply following strong employment data released last week.

Mar 15, 2017, 18:56 PM IST
Gold price falls to over two-month low of Rs 28,650 per 10 grams

Gold price falls to over two-month low of Rs 28,650 per 10 grams

Gold prices continued to feel the squeeze of growing bets for an interest rate hike by the US Fed as it slumped Rs 250 Wednesday to an over two-month low of Rs 28,650 per 10 grams.

Mar 15, 2017, 14:48 PM IST
Wall Street slips as Fed meets to decide on interest rates

Wall Street slips as Fed meets to decide on interest rates

US stocks slipped at the open on Tuesday as investors fixed their sights on the outcome of a meeting where the Federal Reserve is widely expected to raise interest rates for the first time this year. 

Mar 14, 2017, 19:36 PM IST
Gold price falls below key $1,200-level ahead of US jobs data

Gold price falls below key $1,200-level ahead of US jobs data

Gold fell below the key level of USD 1,200 an ounce on Friday and was on track for its worst week in four months, pressured by a stronger dollar ahead of the closely-watched US non-farm payrolls report due later in the day.

Mar 10, 2017, 13:31 PM IST
Market post 4th weekly gain, up by 135 points

Market post 4th weekly gain, up by 135 points

Market posted fourth straight weekly rise, lifted by buying in select counters, as the benchmark Sensex closed near five month highs by gaining 134.50 points to close at 28,468.75, while the broader Nifty held above the key 8,800-level.

Feb 18, 2017, 15:41 PM IST
Gold turns firm despite strong US data, Yellen rate hike hints

Gold turns firm despite strong US data, Yellen rate hike hints

Gold rose as the dollar came off its highs on Wednesday, shrugging off earlier pressure from stronger-than-forecast U.S. inflation and retail sales that added to expectations for near-term U.S. interest rate rises.

Feb 16, 2017, 09:30 AM IST