Page 14 - Federal Reserve

Gold edges lower as dollar firms; focus on US economic data, Fed policy

On Tuesday, gold prices hit their highest level since January 8 at $1,916.40

Federal Reserve unlikely to change its stance in the near term: Analysts

Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory

At 4.2% in April, US consumer prices jump most since 2009, beat estimates

The consumer price index increased 0.8 per cent from the prior month, reflecting gains in nearly every major category and a sign burgeoning demand is giving companies latitude to pass on higher costs

Gold steady ahead of Fed meeting, palladium scales record peak

Spot gold was flat at $1,780.90 per ounce by 0957 GMT.

Federal Reserve signals intent to wield power over short-term rates

Repo and Treasury bill rates have been flirting with zero since the beginning of the year as reserve balances at the central bank swell

S&P 500 ends at record high after Fed projects stronger economy

Amazon.com Inc rose 1.4% and Tesla Inc added 3.7%, with the two companies giving the greatest lift to the S&P 500

India, Philippines most vulnerable in a taper tantrum-like scenario: S&P

One mitigating factor for both countries is that current accounts are stronger relative to normal levels, notes S&P

Federal Reserve likely to forecast biggest economic boom in a generation

Markets predict the Fed may be forced to act sooner than expected

Gold prices edges up on inflation bets as Fed meeting looms

The Bank of England and Bank of Japan also have meetings on Thursday and Friday this week

Naureen Hassan becomes first VP, COO of Federal Reserve Bank of New York

An Indian-origin veteran of the financial services industry has been appointed as the first vice president and chief operating officer of the Federal Reserve Bank of New York.

Federal Reserve chair Powell sends out a dovish message for the markets

Powell's entire message on Thursday centered on how cautious the central bank plans to be in dialling back economic policies

Wall St turns sharply lower after hitting record highs ahead of Fed talk

(Reuters) - Wall Street's main indexes turned negative in volatile trading on Wednesday after the S&P 500 and the Dow hit record highs at the open on hopes of faster economic growth.

Federal Reserve expands Main Street programme to smaller companies

Main Street's shortcomings have provided fuel to many critics who charge that the Fed has done more to help Wall Street and large corporations than small businesses during the pandemic

US economy highly uncertain despite marked improvement: Fed's Powell

Mnuchin, in prepared remarks to the Democratic-controlled committee, said he felt the economy "will see tremendous third-quarter growth"

BofA Securities, Credit Suisse, Goldman Sachs see more upside for equities

A BofA September Global Fund Manager Survey for September suggests that 58 per cent of those surveyed say the market is in a bull-phase - up from 25 per cent who believed so in May.

Federal Reserve to target 2% average inflation, elevates focus on jobs

Under the new approach, the US central bank will seek to achieve inflation averaging 2% over time, offsetting below-2% periods with higher inflation "for some time"

Markets fixated about inflation but it is the wrong bogeyman to worry about

Voices crying about inflation and currency debasement should be treated with caution.

Wall Street rises on upbeat earnings as Fed looms; Nasdaq up over 1%

Of the 163 S&P 500 firms that have reported results, 79.1 per cent have surpassed a low bar of quarterly profit expectations, according to Refinitiv IBES data

Ben Bernanke writes: US has to help it states for economic recovery

Congress must act decisively to avoid repeating mistakes of the recovery from the Great Recession, writes former chairman of the Federal Reserve

Federal Reserve officials suggest recovery of US economy may be stalling

Seemingly rapid rebound in jobs, retail sales and some other measures of activity in May and June may not persist, recent data shows.