Fed

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Fed - Total results - 80
Gold rises in early trade after Fed rate cut, but pares gains as investors go for cash hunt
Business

Gold rises in early trade after Fed rate cut, but pares gains as investors go for cash hunt

Spot gold was up 0.9 percent at $1,543.60 per ounce by 0248 GMT, having risen as much as 2.8% earlier. The metal fell 3 percent on Friday. US gold futures rose 1.8 percent to $1,544.20 per ounce.

Stock rebound stalls as doubts about US stimulus package to fight coronavirus outbreak response grows
Business

Stock rebound stalls as doubts about US stimulus package to fight coronavirus outbreak response grows

Many analysts say investors need to remain on guard for further market volatility because the coronavirus still poses a risk to public health in many countries, which could place additional strain on the global economy

Gold extends gains as coronavirus prompts Fed rate cut to cushion economic impact from epidemic
Business

Gold extends gains as coronavirus prompts Fed rate cut to cushion economic impact from epidemic

Spot gold climbed 0.3 percent to $1,643.76 per ounce, having registered its biggest one-day percentage gain since 2016 on Tuesday.

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus
Business

Fed seen cutting rates amid virus threat, low inflation to cushion economy from effects of coronavirus

Unlike many other central banks, the Fed still has some room to cut interest rates, although officials there have said that they want to see a “material change” in the economic data before they take further action after cutting rates three times last year.

US stocks down, S&P 500 snaps 3-day streak after comments from Fed chair Jerome Powell dampen rate cut hopes
Business

US stocks down, S&P 500 snaps 3-day streak after comments from Fed chair Jerome Powell dampen rate cut hopes

As Powell spoke, traders of US short-term interest rate futures began trimming bets the Fed will cut rates before the end of the year

FPIs net buyers in first half of March driven by positive global cues; invested Rs 20,418 cr in capital markets
Business

FPIs net buyers in first half of March driven by positive global cues; invested Rs 20,418 cr in capital markets

In February as well, FPIs were net buyers as they had invested a net amount of Rs 11,182 crore in the capital markets

Fed gives banks more stress test information, unveils 2019 scenarios; exempts less complex lenders from drive
Business

Fed gives banks more stress test information, unveils 2019 scenarios; exempts less complex lenders from drive

Thirty-four lenders passed the stress test last year, while Goldman Sachs and Morgan Stanley received conditional approvals that limited their capital distributions.

US federal reserve chairman Jerome Powell says he would reject any Donald Trump request to resign
World

US federal reserve chairman Jerome Powell says he would reject any Donald Trump request to resign

Federal Reserve Chairman Jerome Powell said he will not resign if asked to do so by President Donald Trump. Powell also said that the central bank intends to be flexible going forward in determining when to hike its key policy rate.

Donald Trump lashes out at Fed on rate hikes, says 'they’re raising interest rates too fast'
Business

Donald Trump lashes out at Fed on rate hikes, says 'they’re raising interest rates too fast'

Donald Trump has largely laid the blame for economic headwinds on the Fed, openly criticizing its chairman, Jerome Powell, whom he appointed

Donald Trump asked Cabinet members if he can legally fire US Federal Reserve chair Jerome Powell: Reports
World

Donald Trump asked Cabinet members if he can legally fire US Federal Reserve chair Jerome Powell: Reports

President Donald Trump has privately asked cabinet members if he has the authority to fire Fed Chair Jerome Powell after interest rates were increased and the stock market tanked

Donald Trump says Fed has gone crazy after Dow Industrial tumbles; terms downslide 'course correction'
Business

Donald Trump says Fed has gone crazy after Dow Industrial tumbles; terms downslide 'course correction'

In a brief interaction with reporters on Wednesday, when asked about the tumbling down of the stock market, Trump said he was not worried about it.

US Fed leaves rates unchanged with economy growing 'strongly', stays on course for September hike
Business

US Fed leaves rates unchanged with economy growing 'strongly', stays on course for September hike

The Fed’s decision left its benchmark overnight lending rate in a range of 1.75 percent to 2.00 percent.

Fed should go slow on unwinding balance sheet to limit impact of dollar in emerging markets, says RBI governor Urjit Patel
Business

Fed should go slow on unwinding balance sheet to limit impact of dollar in emerging markets, says RBI governor Urjit Patel

Given the rapid rise in the size of the US deficit, he said, the Fed must respond by slowing plans to shrink its balance sheet

By picking Jerome Powell as Federal Reserve chief, Donald Trump set to undo another Barack Obama legacy
Business

By picking Jerome Powell as Federal Reserve chief, Donald Trump set to undo another Barack Obama legacy

The 64-year-old Republican has echoed the administration's views on deregulation but is not seen as likely to tighten interest rates too quickly -- which Trump opposes.

Market rally decoded: Why once 'fragile' India is getting thumbs up from foreign institutional investors
Business

Market rally decoded: Why once 'fragile' India is getting thumbs up from foreign institutional investors

India's financial markets are rallying and the country's bonds are in demand, offering some of the best inflation-adjusted returns in Asia.

Fed's Janet Yellen says rate and portfolio plans on track, cautions on inflation
Business

Fed's Janet Yellen says rate and portfolio plans on track, cautions on inflation

The Fed "continues to expect that the evolution of the economy will warrant gradual increases in the federal funds rate over time," Yellen said

Asia stocks scale 1-year high on gush of global fund flows, oil surge
Business

Asia stocks scale 1-year high on gush of global fund flows, oil surge

Oil prices hit one-month highs on Monday, gaining 10 percent or more in a three-day rally as speculation intensified over potential producer action to support prices amid a glut of crude

Fed keeps rates unchanged, wary eye on global markets
World

Fed keeps rates unchanged, wary eye on global markets

The U.S. Federal Reserve kept interest rates unchanged on Wednesday and said it was "closely monitoring" global economic and financial developments, signaling it had accounted for a stock market selloff but wasn't ready to abandon a plan to tighten monetary policy this year