Page 8 - Federal Reserve
OPEC delegates see global oil demand growth slowing in 2023: Report
High crude prices have eaten into growth projections for 2022 and fed into expectations for slower growth in 2023.
 "OPEC delegates see global oil demand growth slowing in 2023: Report")
Japanese yen jumps after govt, central bank sound intervention warning
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
 "Japanese yen jumps after govt, central bank sound intervention warning")
A coming crypto storm for central banks? Focus on digital money intensifies
Fed is debating whether to develop a digital currency, as are most central banks around the world. A decision has not been made, and officials say it would take congressional approval to move forward
 "A coming crypto storm for central banks? Focus on digital money intensifies")
Growth stocks lead Wall St higher in choppy trade; eyes on jobs report
Microsoft down after trimming forecast due to FX impact; consumer discretionary and materials were the top gainers, up 1.9% and 2.1%, respectively
 "Growth stocks lead Wall St higher in choppy trade; eyes on jobs report")
Gold set for monthly loss as US Treasury yields, dollar strengthen
The U.S. dollar strengthened following hawkish comments by a senior Federal Reserve official causing gold to retreat, Ricardo Evangelista, senior analyst at ActivTrades said in a note.
 "Gold set for monthly loss as US Treasury yields, dollar strengthen")
'Most' Fed officials saw 50 bps rate hikes in June and July, show minutes
The 50-basis-point rate increase this month was the first of that size in more than 20 years, and has set the Fed on course for a quick tightening of monetary policy
 "'Most' Fed officials saw 50 bps rate hikes in June and July, show minutes")
Gold gains 0.3% as dip in dollar to a one-month low boosts appeal
The dollar, a rival safe-haven asset to gold, has been falling broadly alongside a decline in Treasury yields from multi-year peaks, with aggressive easing by the Federal Reserve already priced in.
 "Gold gains 0.3% as dip in dollar to a one-month low boosts appeal")
Ben Bernanke assesses the Fed
Bernanke also offers some self-criticisms, including an acknowledgement that he failed to recognise how slowly the economy was emerging from recession after the emergency
 "Ben Bernanke assesses the Fed")
Regulators don't need constitutional status
Accountability and transparency are effective ways of ensuring that they remain truly independent
 "Regulators don't need constitutional status")
Monetary policy must respond nimbly to second inflation round: IMF official
In a Q&A, the lead author of IMF's Asia and Pacific Outlook, dwells on the impact the Fed's move on the benchmark rate could impact India
 "Monetary policy must respond nimbly to second inflation round: IMF official")
Top headlines: Lending rates to rise, half a dozen IPOs in May after LIC
Business Standard brings you the top headlines at this hour
 "Top headlines: Lending rates to rise, half a dozen IPOs in May after LIC")
Half a dozen IPOs in May after LIC; Rs 28,960-crore projected mop-up
With Rs 28,960-crore projected mop-up, month to be second-best for fund-raising
 "Half a dozen IPOs in May after LIC; Rs 28,960-crore projected mop-up")
Gold prices fall as yields gain in run up to Fed rate hike decision
Benchmark US 10-year Treasury yields firmed after backing off the key 3% mark in the previous session
 "Gold prices fall as yields gain in run up to Fed rate hike decision")
US stocks gain in seesaw session, benchmark Treasury yield hits 3%
All three major US stock indexes gyrated between positive and negative territory throughout the session, and the 10-year Treasury yield touched its highest level in more than three years.
 "US stocks gain in seesaw session, benchmark Treasury yield hits 3%")
Gold prices slip more than 2% to a near three-month low; oil falls
Oil also declined as China's measures to curb Covid-19 threatened a further hit to fuel demand
 "Gold prices slip more than 2% to a near three-month low; oil falls")
Indian shares track weakness in Asian peers amid Fed rate in focus
The NSE Nifty 50 index was down 0.78% at 16,969.10 as of 0357 GMT on Monday, with most of its major sub-indexes in the negative, while the S&P BSE Sensex fell 1.11% to 56,429.45
 "Indian shares track weakness in Asian peers amid Fed rate in focus")
Markets rally as global sentiment improves; Sensex, Nifty rise 1.2%
Both foreign portfolio investors (FPIs) as well as domestic institutions were net buyers on Thursday
 "Markets rally as global sentiment improves; Sensex, Nifty rise 1.2%")
Dollar hits 20-year peak on yen as BOJ double-down super-low yield policy
There had been some market speculation the BOJ might step back a little given inflation was rising and other major central banks were tightening, but it showed no hesitation
 "Dollar hits 20-year peak on yen as BOJ double-down super-low yield policy")
Cash shifts pull rug under global equity markets, say strategists
World stocks recorded their worst quarter this year since the coronavirus pandemic unleashed havoc in March 2020, while US stocks are down nearly 12% from its peak earlier this year
 "Cash shifts pull rug under global equity markets, say strategists")
Two-thirds of workers might seek new jobs if forced back to office: Survey
The findings track US data showing high levels of job turnover, as well as near-record vacancies as firms struggle to recruit and hold onto workers
 "Two-thirds of workers might seek new jobs if forced back to office: Survey")
