Page 15 - Federal Reserve
Running on 'hopium': Explaining the market rally in Wall Street's terms
'Every time the stock market starts to sell off, the Federal Reserve responds with some accommodative policy,' said Mike O'Rourke, chief market strategist at JonesTrading
 "Running on 'hopium': Explaining the market rally in Wall Street's terms")
After jolt, investors still see stocks as long-term bet amid Covid-19 risks
Stocks opened sharply higher on Friday, but then lost those gains by mid-afternoon
Pandemic matters much more for mkts, economies than trade war: Dan Fineman
'From a six-12 month view, the markets can rise above the current levels on easing lockdowns and aggressive policy response'
 "Pandemic matters much more for mkts, economies than trade war: Dan Fineman")
Market Ahead, May 14: All You Need To Know Before The Opening Bell
A total of 18 companies including Biocon, Escorts, and Manappuram Finance are scheduled to announce their results today
 "Market Ahead, May 14: All You Need To Know Before The Opening Bell")
US Federal Reserve won't take rates negative, say fund managers, economists
Fed funds futures, which are a gauge of where markets expect the Fed's benchmark overnight lending rate to be, are now pricing in a slightly negative rate environment beginning in December
 "US Federal Reserve won't take rates negative, say fund managers, economists")
Covid-19: Apple issues cheapest bonds in years to fund buy-backs, dividends
The technology company raised $8.5 billion by selling four different bonds with maturities ranging from three years to 30 years
 "Covid-19: Apple issues cheapest bonds in years to fund buy-backs, dividends")
Market Ahead, April 27: Top factors that could guide markets this week
According to a Business Standard report, the government will give out new official economic growth and budgetary projections in July or later
US Fed announces more measures to ease dollar crunch, liquidity strains
The Fed also announced its latest effort to reassure dealers and other financial institutions that it will provide as much liquidity as needed to keep markets functioning smoothly.
 "US Fed announces more measures to ease dollar crunch, liquidity strains")
India's economic policy response to Covid-19 lags global peers: Edelweiss
"We think Indian policymakers must catch up and that too in a short time," analysts at the brokerage firm wrote.
 "India's economic policy response to Covid-19 lags global peers: Edelweiss")
US dollar falls after Federal Reserve cuts interest rates to near zero
The US Federal Reserve cut rates to a target range of 0% to 0.25% and said it would expand its balance sheet by at least $700 billion in coming weeks
 "US dollar falls after Federal Reserve cuts interest rates to near zero")
Fed slashes rates in emergency coronavirus move; US death toll hits 62
Policymakers were not due to hold their next interest-rate setting meeting until March 17-18.
 "Fed slashes rates in emergency coronavirus move; US death toll hits 62")
Donald Trump congratulates US Fed for rates cut, calls action 'terrific'
US President Donald Trump congratulated the central bank for taking further action aimed at helping shore up the US economy
 "Donald Trump congratulates US Fed for rates cut, calls action 'terrific'")
Fed may go into its crisis tool kit to ensure smooth ops of financial mkts
Some steps the Fed can take on its own under existing authority, while others might require partnering with the Treasury Department or expanded authority from Congress
 "Fed may go into its crisis tool kit to ensure smooth ops of financial mkts")
US businesses show growing concern over impact of coronavirus, Fed survey
The Fed cut interest rates by a half percentage point on Tuesday in an emergency move to mitigate the possible economic effects of the flu-like illness on the world's largest economy
US Fed leaves rates unchanged, signals policy will continue through 2020
Policy makers had been widely expected to leave rates on hold after three straight cuts that helped calm concerns the economy could falter
Fed chief Powell reasserts central bank's independence in talks with Trump
Federal Reserve Chairman Jerome Powell reasserted the independence of the US central bank during White House talks with President Donald Trump on Monday, the Fed said. Powell attended the meeting, which comes amid an unprecedented campaign of public attacks on the central bank, at the invitation of the president, and was joined by Treasury Secretary Steven Mnuchin, the Fed said in a statement. In a tweet, Trump, who has lambasted Powell in harsh, personal terms over monetary policy, said the meeting was "good & cordial," adding that "everything was discussed" including interest rates, inflation, foreign exchange and the Fed's balance sheet policies. The Fed, however, said Powell's comments were consistent with last week's congressional testimony and did not concern "expectations for monetary policy," except to say it will depend entirely on new economic information. "Finally, Chair Powell said that he and his colleagues on the Federal Open Market Committee will set monetary ...
 "Fed chief Powell reasserts central bank's independence in talks with Trump")
Donald Trump says Americans are 'very disappointed' after Fed rate cut
Fed officials reduced interest rates by a quarter-percentage point Wednesday and signaled a pause in further cuts unless the economic outlook changes materially
US Fed expected to cut rate, but resilient economy may signal pause ahead
The Fed is scheduled to release its latest policy decision at 2 pm EDT (1800 GMT)
Wall Street holds steady after S&P hits record; Merck, Pfizer stocks gain
The spread in the yield curve has gainedabout 20 basis points since leaving negative territory, a recession indicator, in early September
 "Wall Street holds steady after S&P hits record; Merck, Pfizer stocks gain")
Repo crisis becomes machiavellian opportunity for some investors
US money-market interest rates surged Tuesday as cash reserves in the banking system remained out of balance with the volume of securities on dealer balance sheets
 "Repo crisis becomes machiavellian opportunity for some investors")
