Fomc

Showing of 1 - 20 from 18 results
Fomc - Total results - 18
Rupee slips 19 paise to 71.47 against dollar in early trade on weak opening in domestic equities; falling oil prices support local unit
Business

Rupee slips 19 paise to 71.47 against dollar in early trade on weak opening in domestic equities; falling oil prices support local unit

The rupee opened weak at 71.39 at the interbank forex market and then fell further to 71.47, down 19 paise over its last close.

Rupee slips 6 paise to 70.90 ahead of US Fed policy outcome; foreign fund inflows, stocks rally back domestic currency
Business

Rupee slips 6 paise to 70.90 ahead of US Fed policy outcome; foreign fund inflows, stocks rally back domestic currency

Starting off weaker, the rupee went on to hit a low of 71.03 against the US dollar during the day.

Rupee settles 6 paise higher at 68.79 against dollar amid uncertainty ahead of Fed meet outcome
Business

Rupee settles 6 paise higher at 68.79 against dollar amid uncertainty ahead of Fed meet outcome

The rupee made a recovery later in line with gains in equity markets and touched a day's high of 68.76 to US dollar.

Rupee slips 6 paise to 68.95 against dollar in early trade amid foreign fund outflows
Business

Rupee slips 6 paise to 68.95 against dollar in early trade amid foreign fund outflows

Forex traders said the rupee is trading in a narrow range as market participants are awaiting cues from the Federal Open Market Committee meeting on 31 July.

Rupee rises 6 paise to 68.92 against dollar in early trade amid positive opening in domestic equity market
Business

Rupee rises 6 paise to 68.92 against dollar in early trade amid positive opening in domestic equity market

The rupee is expected to trade in a narrow range ahead of the much crucial European Central Bank policy statement to be released later on Thursday.

US Fed explains the rationale behind increasing rate by 25 bps: Full statement
Business

US Fed explains the rationale behind increasing rate by 25 bps: Full statement

The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation

US Fed keeps interest rates unchanged, signals fewer future hikes
World

US Fed keeps interest rates unchanged, signals fewer future hikes

The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signalled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years.

Janet Yellen’s tourist dollars are driving up the Sensex
Business

Janet Yellen’s tourist dollars are driving up the Sensex

India is one such market, where these “tourist dollars” are coming in and will continue to come in, if the central banks of the developed world continue running an easy money policy.

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

India's GDP to rebound to over 7% in 2-3 years: Mayaram
Economy

India's GDP to rebound to over 7% in 2-3 years: Mayaram

He further said the policies pursued by the Emerging Market Economies (EMEs) to bring growth back have been effective and India stands committed to the incremental 2 per cent growth in the global GDP.<br />

US Fed finally sounds hawkish; expect rate hike in March/June 2015
Economy

US Fed finally sounds hawkish; expect rate hike in March/June 2015

The path to US monetary policy normalization is becoming clearer. Comments by Fed reserve chief Janet Yellen Sep 17 were arguably the most hawkish in recent times.<br />

Full Text: US Fed policy rate to remain low
Economy

Full Text: US Fed policy rate to remain low

The US Federal Reserve bank continued to stay on course with its planned stimulus tapering program, after the FOMC agreed to cut spending by a further $10 billion to come down to $65 billion per month.

Fed to continue tapering, end stimulus by year end: Poll
World

Fed to continue tapering, end stimulus by year end: Poll

The expectation for the Fed to continue cutting its purchases by $10 billion at each of its meetings this year was unanimous among the 17 primary dealers surveyed following the Federal Open Market Committee's first meeting of 2014.

Rebooted RBI policy likely to focus on consumer inflation
Economy

Rebooted RBI policy likely to focus on consumer inflation

Due by the end of the month, the report is meant to issue recommendations aimed at sharpening the focus of the central bank and increasing its accountability.

Markets hold their breath: Eerie calm in countdown to Fed conclusion
Investing

Markets hold their breath: Eerie calm in countdown to Fed conclusion

Caution ruled in stock markets, with MSCI's broadest index of Asia-Pacific shares outside Japan flat at 464.14. Japan's Nikkei firmed 0.8 percent while Australian shares were a fraction lower.<br /><br />