Excluding food and energy, the Fed's preferred inflation gauge - the personal consumption expenditures price index - rose 0.3% in February after the prior month was revised down slightly
Oil prices slid about 1% on Monday as strong U.S. economic data had investors bracing for more interest rate hikes from the U.S. Federal Reserve to fight inflation which could also cut oil demand
Both banks forecast Fed fund rates at 5.25%-5.5% range
Hope of reduced Fed rate hikes, lack of RBI dollar buys drive rupee gains
Central banks in Europe joined the US Federal Reserve in slowing down the pace of interest rate hikes as decades-high inflation shows signs of easing, media reports said
Global central banks are pausing or nearing the end of their interest-rate hiking cycles as inflation shows signs of slowing and recession concerns mount
A rally in the US markets amid hope of a softer central bank (US Fed) action going ahead, analysts believe, has the potential to fuel a rally in other global equity markets, including India
CLOSING BELL: The Financial Services, IT, Pharma, Auto, and Consumer Durable indices gained over 1 per cent each, while others added up to 1 per cent
The Kospi index tumbled 3% to its lowest close in more than 2 years, leading declines in Asia. The won, by far the region's worst performer this quarter, slid to the weakest level since March 2009
The stock was tracking losses in global markets, as the US Fed raised interest rates an another 75 bps on Wednesday.
The dollar surged to a fresh two-decade high and Asian stocks hit a two-year low on Thursday as the prospect of U.S. interest rates rising further and faster than expected spooked investors
Federal Reserve officials raised interest rates by 75 basis points for the third consecutive time and forecast they would reach 4.6% in 2023
Investors bracing for another jumbo Federal Reserve rate hike are focused on a few key trades: betting on deeper inversion in the US yield curve, further losses in stocks and a stronger dollar
Most global markets have staged a smart recovery since their June 2022 lows. The S&P BSE Sensex has outperformed its peers with a rise of around 13 per cent since then
Spot gold was up 0.7% at $1,719.89 per ounce by 1230 GMT after rising to its highest since Aug. 30 at $1,729.29 earlier in the session
European stock markets opened in the red on Wednesday after US economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen
CLOSING BELL: Mukesh Ambani laid out succession plan with Akash Ambani championing telecom, Isha Ambani controlling Retail, and Anant Ambani joining new-energy vertical
Oil prices rose, recovering from 6-month lows, as a larger-than-expected drop in US oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by recession prospects.
CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS
Markets are again reeling under tremendous pressure across the globe following sticky inflation that could prompt swift actions by the apex banks ahead, say analysts