US Federal Reserve

US Fed holds rates steady, signals cuts possible later this year

While new economic projections showed policymakers` views of growth and unemployment largely unchanged, they saw headline inflation at just 1.5 percent for the year, down from the 1.8 percent projected in March.

Jun 20, 2019, 11:28 AM IST

US Fed raises lending rates for 4th time this year, defies Prez Trump

According to Federal Reserve Chairman Jerome Powell, the world's largest economy continued to strengthen this year, roughly in line with expectations.

Dec 20, 2018, 11:15 AM IST

US Fed raises interest rates, sees at least three more years of growth

The US central bank still foresees another rate hike in December, three more next year, and one increase in 2020.

Sep 27, 2018, 09:31 AM IST

Sensex breaks 2-day rally, falls 130 points; Nifty a tad above 10,100

The 30-share Sensex opened higher at 33,206.99 and advanced to hit a high of 33,281.77 in early trade.

Mar 22, 2018, 16:29 PM IST

Sensex extends slide for 5th day, tanks 253 points, Nifty below 10,100

According to market observers, investors were cautious ahead of the US Federal Reserve's meet on March 20-21.

Mar 19, 2018, 16:26 PM IST

Market still on slippery ground; inflation concerns linger on

The Sensex after resuming lower at 33,817.09 fell further to hit a low of 33,691.42 intra-day on foreign fund outflows.

Feb 22, 2018, 17:32 PM IST

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

Gold price hits 4-month low, plunges by Rs 180 to Rs 29,400 per 10 grams

In the national capital, gold of 99.9 percent and 99.5 percent purity tumbled by Rs 180 each to Rs 29,400 and Rs 29,250 per 10 grams, the lowest since August 5.

Dec 12, 2017, 20:16 PM IST

Sensex falls 228 points, ends below 33,300-mark

The broader Nifty too settled below the key 10,300-level, down 82.10 points, or 0.80 percent, at 10,240.15.

Dec 12, 2017, 15:45 PM IST

US third quarter growth fastest in three years at 3.3%

The six months from April to October saw the fastest economic expansion since the same period in 2014, when GDP grew by an average of 4.9 percent.

Nov 29, 2017, 19:55 PM IST

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

Gold price eases from six-week high ahead of Fed chair confirmation

Low rates cut the opportunity cost of holding non-yielding assets such as bullion, while depressing the dollar, in which it is priced.

Nov 28, 2017, 17:36 PM IST

Gold holds near six-week high ahead of Fed chair hearing

Spot gold was up 0.1 percent at $1,295.3.

Nov 28, 2017, 09:20 AM IST

Gold inches higher as dollar holds near 2-month low

Gold is highly sensitive to rising rates, which lift the opportunity cost of holding non-yielding assets such as bullion, while boosting the dollar, in which it is priced.

Nov 27, 2017, 11:00 AM IST

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

Sensex, Nifty stay the course, hit new peaks on fund inflows, PMI data

The 30-share BSE index firmed up to an all-time intra-day high of 33,733.71 on a flurry of buying, breaching its previous record of 33,657.57 hit yesterday.

Nov 03, 2017, 17:22 PM IST

Sensex mirrors Asian gains, goes up after Fed holds rates

The National Stock Exchange index Nifty too was up 8.55 points, or 0.08 percent, to trade at 10,449.05.

Nov 02, 2017, 10:15 AM IST

Donald Trump to nominate Jerome Powell as next Fed chairman

The appointment of Powell is likely to be well received on Wall Street, as he has never dissented from any monetary policy decision since becoming governor in May 2012.

Nov 02, 2017, 09:34 AM IST

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

Gold prices hover below $1,300-mark amid firm dollar

The Fed will probably need to raise interest rates in December and then three of four times "over the course of next year", assuming the US unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said.

Oct 17, 2017, 07:45 AM IST