Fed Reserve
Recent Highlights
All Stories for Fed Reserve
Federal Reserve's stimulus eases global market fears, gets cash flowing; Dow soars, dollar edges low
•The US dollar edged lower against a broad range of currencies, while Treasury yields rose, a sign that investor concerns had eased, at least for the moment
Coronavirus outbreak: Damage to India’s economy has been contained by quick policy decisions; imperative that RBI cuts rates only if needed
Sanju Verma •The RBI should cut rates only if it needs to and when it wants to--not because other central banks are doing so.
Asia stock markets hammered as coronavirus panic worsens; world financial markets, safe-haven assets ditched
•The plunge, as the coronavirus pandemic spreads, gathered pace after U.S. President Donald Trump spooked investors with a move to restrict travel from Europe, and after the European Central Bank disappointed markets by holding back on rate cuts
Fed rate cut helps fuel day of swings in stocks and assets, then spooks coronavirus-weary investors
•The Fed’s move was the first unscheduled rate cut since October 2008, when the central bank reacted to a contraction in the economy that had begun the previous year
Gold rises to three-month high, set for best year since 2010 on weakening dollar, year-end buys
•The dollar slipped against a basket of rivals, making gold cheaper for holders of other currencies
Sensex jumps over 250 points ahead of RBI policy outcome on gains in banking, financial stocks; Nifty spurts 70 points
Fp Staff •Sensex was trading 258.60 points or 0.68 percent, higher at 38,365.47. Similarly, the broader NSE Nifty spurted 70.00 points, or 0.62 percent, to 11,384.00.
Oil trims gains as US flags release of crude reserves, but Middle East risks keep stocks on back foot
•The drone attack over the weekend has cut the kingdom’s oil production in half, creating the biggest disruption to global oil supplies in absolute terms
US Fed cuts interest rates for first time since 2008, signals it may not need to do more
•Donald Trump said on Twitter the Fed chief “let us down” by not telegraphing that an aggressive easing was coming
Rupee recovers 6 paise against dollar in early trade amid sustained foreign fund inflows
•In global trade, the US dollar fell to a three-week low after Federal Reserve chairman reinforced the US central bank's recent shift toward a more "patient" approach on policy in the face of slowing economy.
Gold prices at two-week high as dollar weakens on Sino-US trade deal hopes; palladium peaks
•