Page 11 - Federal Reserve
Wall Street jumps; Fed's Jerome Powell assuages fear of aggressive hike
The Dow Jones Industrial Average was up 2.13% at 34,004.63 points, while the S&P 500 gained 2.17% to 4,399.6
 "Wall Street jumps; Fed's Jerome Powell assuages fear of aggressive hike")
Ukraine war won't deter Federal Reserve from March rate hikes: Report
US Federal Reserve and some of its major central banking peers will press ahead with lifting interest rates in March, money markets suggest, even as Ukraine war complicates picture of inflation
 "Ukraine war won't deter Federal Reserve from March rate hikes: Report")
Global central banks were on the same page, Ukraine crisis may reshape that
The well-scripted turn by global central banks towards tighter, post-pandemic monetary policy has been into doubt by Russia's invasion of Ukraine.
 "Global central banks were on the same page, Ukraine crisis may reshape that")
Fed should lift rates a full percentage point by mid-year: Waller
Federal Reserve Governor Christopher Waller on Thursday laid out the case for a "concerted" effort to rein in inflation, calling for raising interest rates a full percentage point by mid-year.
 "Fed should lift rates a full percentage point by mid-year: Waller")
Fed chief Powell to give policy update to Congress in early March
Powell will deliver his regular semiannual monetary policy update to the US House Financial Services Committee on March 2 and appear before the Senate Banking Committee on March 3
 "Fed chief Powell to give policy update to Congress in early March")
Indonesia records first annual current account surplus in a decade
Indonesia's persistent current account deficits and reliance on foreign portfolio inflows to fund them were among the main contributors to the volatility of the rupiah currency in the past
 "Indonesia records first annual current account surplus in a decade")
Euro weighs down as US says Russia increasing troops near Ukraine
The standoff on Europe's eastern edge is one of the deepest crises in East-West relations for decades, and markets had rallied in relief at earlier Russian statements about a military pullback
 "Euro weighs down as US says Russia increasing troops near Ukraine")
Gold rises as concerns over Ukraine resurface; Fed minutes in focus
US Secretary of State Antony Blinken said on Wednesday that Russia has been moving critical units closer to Ukraine's border, despite Moscow's insistence it was pulling back
 "Gold rises as concerns over Ukraine resurface; Fed minutes in focus")
US retail sales rebound sharply to increase 3.8% in January: Govt data
December retail sales revised to show steeper decline; core retail sales jump 4.8%
 "US retail sales rebound sharply to increase 3.8% in January: Govt data")
Better.com CEO's infamous firings in US added 1,000 employees in India
Factors including the workforce reduction and negative media coverage 'detrimentally affected Better's productivity and financial results,' the company said
 "Better.com CEO's infamous firings in US added 1,000 employees in India")
Ukraine tension reins in euro, drives rush to safe-haven currencies
German Chancellor Olaf Scholz, who heads to Kyiv on Monday and Moscow for talks with President Vladimir Putin on Tuesday, warned of sanctions if Moscow invaded Ukraine
Dollar posts solid gains after higher-than-expected US CPI data in Jan
CPI rose 0.6% last month from December, the Labor Department said, while in the 12 months through January, the CPI jumped 7.5%, the biggest year-on-year increase since February 1982
 "Dollar posts solid gains after higher-than-expected US CPI data in Jan")
RBI must focus more on inflation to combat spiking yields, say traders
The benchmark 10-year bond yield spiked to a 2-1/2-year high after the government announced a borrowing target of 14.95 trillion rupees ($199.84 billion) for the next fiscal year
 "RBI must focus more on inflation to combat spiking yields, say traders")
Markets drop for a second day on global cues; eke out 2.5% weekly gain
In the preceding two weeks, domestic markets had crashed 7 per cent spooked by the US Federal Reserve's decision to start raising interest rates to cool down inflation
 "Markets drop for a second day on global cues; eke out 2.5% weekly gain")
Gold steady as dollar slides in run-up to United States jobs data
If the jobs report out of the United States encourages the Fed's hawkish mood, it should lead to a significant breakdown in gold, DailyFX currency strategist Ilya Spivak said
 "Gold steady as dollar slides in run-up to United States jobs data")
Asia stocks make tentative gains, Brent tops $91
The standoff over Ukraine remains a thorn in the market's side, with concerns a Russian invasion would also cut vital gas supplies to western Europe
 "Asia stocks make tentative gains, Brent tops $91")
US dollar holds near 18-month high ahead of busy central bank week
Market pricing now suggests a more than 90% chance of at least four Fed rate hikes by the end of the year and a 67% chance of at least five.
 "US dollar holds near 18-month high ahead of busy central bank week")
Dollar posts biggest weekly rise in 7 months on rate bets
Dollar steadily rose in a week highlighted by a more hawkish tone coming out of a Federal Reserve meeting
Oil rises for sixth week as growing chorus predicts $100 price
Oil's stellar start to the year comes despite a soft patch in global equity markets after the Federal Reserve signaled it's ready to tackle inflation
 "Oil rises for sixth week as growing chorus predicts $100 price")
US dollar set for biggest weekly rise in seven months on rate bets
The dollar was in the limelight even as broader currency markets quietened somewhat after an eventful week in global markets punctuated by a hawkish Federal Reserve meeting
