Retail Buying In Asia Including India Fuels Gold Price Momentum: Goldman Sachs
In India, both gold and Sensex has surpassed the magical 75,000 figure.
Apr 14, 2024, 18:21 PM IST
US Fed widely expected to raise interest rates by 0.75% points
"We expect inflation to remain undesirably high for some time, owing to continued pressures from energy and food prices and pipeline pressures in the pricing chain," said Christine Lagarde, president of the European Central Bank.
Jul 26, 2022, 12:06 PM IST
IBM Chairman Arvind Krishna elected to Board of Directors of Federal Reserve Bank of New York
The Federal Reserve Bank of New York on Monday announced that 60-year-old Krishna has been elected as a Class B director, "representing the public with due but not exclusive consideration to the interests of agriculture, commerce, industry, services, labour, and consumers."
May 04, 2022, 14:29 PM IST
US Federal Reserve approves first interest rate hike since COVID-19 outbreak
The central bank forecast inflation at 4.3 per cent for 2022, versus its typical target of 2 per cent a year.
Mar 17, 2022, 08:57 AM IST
World stock markets plummet after US suffers worst loss in 8 months
Asian share markets sank on Thursday after Wall Street suffered its worst drubbing in eight months, a conflagration of wealth that could threaten business confidence and investment across the globe.
Oct 11, 2018, 07:30 AM IST
Rupee slips 43 paisa to end at life-time low of 69.05 against dollar
This is the biggest single-day fall since May 29 and goes hand in hand with a stronger US dollar.
Jul 19, 2018, 21:16 PM IST
Federal Reserve raises rates, signals confidence in strengthening economy
The Federal Reserve raised interest rates on Wednesday.
Mar 22, 2018, 00:12 AM IST
Federal Reserve set to raise rates as Powell era begins
The Fed also will update its forecasts for the economy and how aggressively officials think the central bank will have to act in coming years.
Mar 21, 2018, 07:12 AM IST
US Senate confirms Jerome Powell as next Fed chairman
Powell is to succeed current Fed chair Janet Yellen, when her terms expire on February 3.
Jan 24, 2018, 09:42 AM IST
US Fed raises key interest rate amid strong labor market
The US Federal Reserve has raised the benchmark interest rate by 25 basis points.
Dec 14, 2017, 09:02 AM IST
US Senate panel approves Powell's nomination to be next Fed chair
The committee approved Powell`s nomination by a vote of 22-1.
Dec 06, 2017, 13:19 PM IST
Fed policymakers say rate increase likely warranted soon
The central bank has increased rates four times in a tightening cycle that began in late 2015.
Nov 23, 2017, 12:07 PM IST
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
Fed keeps rates steady, to start portfolio drawdown in October
That is one-quarter of a point above the current level. Financial markets were barely moved by the Fed decision and the new economic projections and based on the immediate market reaction it looked as if the Fed was right when it said that the portfolio runoff would be as exciting as "watching paint dry".
Sep 20, 2017, 23:49 PM IST
US consumer prices unchanged; retail sales fall again
Policymakers are confronted with benign inflation and a tight a labor market as they weigh a third rate hike and announcing plans to start reducing the central bank`s $4.2 trillion portfolio of Treasury bonds and mortgage-backed securities.
Jul 14, 2017, 20:22 PM IST
Global Markets - Italy bank deal boosts Europe shares, dollar edges up
Italian 10-year government bond yields fell 4 basis points to 1.88 percent, narrowing the gap over benchmark German equivalents to 164 bps.
Jun 26, 2017, 18:50 PM IST
Inflation fizzle may once again leave Fed rate path in doubt
The Federal Reserve will probably express its confidence inflation will climb towards its 2 percent target when it meets this week and delivers a widely expected rate rise, but such assurances are a poor indicator of the Fed`s future policy.
Jun 13, 2017, 11:55 AM IST
Gold set for first monthly drop since Dec as Fed rate hike likely
Gold fell for a third day on Wednesday, set for its first monthly drop since December, as US economic data boosted the case for an interest rate hike by the Federal Reserve next month.
May 31, 2017, 11:03 AM IST
US stocks up ahead of Apple earnings, Fed meeting
Wall Street stocks rose a bit early Tuesday ahead of Apple earnings and the start of a two-day Federal Reserve monetary policy meeting.
May 02, 2017, 19:42 PM IST
Oil rises on Syria attack, dollar shrugs off jobs report
Investors still expect the Federal Reserve to raise interest rates twice more in 2017.
Apr 07, 2017, 22:52 PM IST
