U.S. Federal Reserve Chair Jerome Powell headlines a host of policy makers at Jackson Hole later in the week and the risks are that he will not meet investor hopes for a dovish pivot on policy.
Forecasts of economic doom are premature and central bank-bashing is misplaced
Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a minus for share prices.
The Sensex ended the session at 55,268, with a decline of 497 points, or 0.9 per cent
The FX Global Code, developed under Bank for International Settlements, Basel, compiles the practices formulated by central banks worldwide
Sensex closes at highest level since June 6; Up 8% from CY22 lows
Survey shows while inflation is seen falling, mood is stagflationary; recession expectations highest since May 2020; global growth and profits at all-time lows, cash levels highest since 9/11 attacks
Drop in number of firms invested in comes even as MFs' overall holding in stock market has been rising
Central banks seem to have forgotten that there is one role, viz. controlling inflation, which is solely their responsibility
The Internet and Mobile Association of India (IAMAI) is dismantling BACC after disagreement and allegations that crypto exchanges were not following an internal code of conduct
The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future
Exchange rate of two trading partners may be market determined, says central bank
While appreciating the humanitarian assistance of the international community, the Afghan central bank called for better relations with its partners in the financial and banking sectors
RBI said that despite the headwinds from geopolitical developments, elevated crude oil prices and tighter external financial conditions, high frequency indicators point to an ongoing recovery in sever
Even short-term forecasting has become a challenge due to pandemic, says Shaktikanta Das
Inflation is a headache in India but a life-threatening disease in Sri Lanka, Argentina, and Turkey. Here is how their central banks are battling the necessary evil
The biggest silver lining is that the markets always climb the wall of worry and find ways to make new highs, said Arora
The Federal Reserve has just delivered its biggest interest rate rise in over a quarter of a century and even the hitherto dovish Swiss National Bank has taken markets by surprise
Signals central bank's comfort with yields
Japan's yen has been battered by traders wagering that BOJ will stick with its ultra-accommodative policy stance just as the Fed and other central banks accelerate their tightening to tame inflation