Page 29 - Us Federal Reserve

Possible that rates will rise to level that causes recession: Fed's Powell

His remarks underscore the challenge facing the central bank as it raises interest rates at the most rapid clip since the 1980s to slow the economy and cool inflation

Fed aims to avoid recession, but it certainly is a possibility: Powell

He said the pace of future rate hikes will depend on whether and how quickly inflation starts to decline, something the Fed will assess on a meeting by meeting basis.

Fed will decide on rate hikes 'meeting by meeting', says Jerome Powell

Its decision-making will be based on the incoming data and the evolving outlook for the economy, Powell said in prepared testimony to the Senate Banking Committee

No let-up in market sell-off as recession fears build for world economies

Experts said risk aversion among investors is due to scepticism over whether policymakers will be able to achieve aggressive monetary tightening to tame inflation without triggering recession

Committed to fight inflation but not trying to trigger recession: Fed chair

'It's essential that we bring inflation down if we are to have a sustained period of strong labor market conditions that benefit all,' Fed chair said at a hearing before US Senate Banking Committee

Big rate hikes to be the global norm as inflation remains a challenge

With no end in sight to Russia's invasion of Ukraine, commodity prices remain elevated and supply chains remain disrupted

Nasdaq turns positive after Fed chair's remarks on policy outlook

In his prepared remarks before the Senate Banking Committee, Jerome Powell reiterated that ongoing increases in the policy rate would be appropriate

Global shares dip despite Wall Street rally; focus shifts to Fed's Powell

Global shares declined Wednesday as markets shrugged off a Wall Street rally and awaited congressional testimony by Federal Reserve Chair Jerome Powell. European benchmarks fell in early trading after shares in Asia finished lower, including in Japan, Australia, South Korea and China. US futures were also down. France's CAC 40 lost 1.9% in early trading to 5,853.92, while Germany's DAX dove 2.3% to 12,989.70. Britain's FTSE 100 fell 1.2% to 7,066.66. US shares were set to drift lower with Dow futures at 30,037.00, down 1.6%. S&P 500 futures fell 1.9% to 3,698.00. Japan's benchmark Nikkei 225 shed 0.4% to finish at 26,149.55. Australia's S&P/ASX 200 lost 0.2% to 6,508.50. South Korea's Kospi tumbled 2.7% to 2,342.81. Hong Kong's Hang Seng dropped 2.6% to 21,008.34, while the Shanghai Composite sank 1.2% to 3,267.20. Stocks have been mostly sliding in recent weeks as investors adjust to higher interest rates that the Federal Reserve and other central banks are increasingly ...

Will buy Indian stocks if Nifty drops to around 14,000 levels: Chris Wood

In the short-term, Wood suggests that investors should sell stocks on a rally. The bet for a sustained equity market rally before 2022 end is a possible change in the US Fed's language, he said

Inflation spirals: How are Sri Lanka, Turkey and Argentina dealing with it?

Inflation is a headache in India but a life-threatening disease in Sri Lanka, Argentina, and Turkey. Here is how their central banks are battling the necessary evil

Risk of US recession now higher and more front-loaded, warns Goldman

The Goldman economists now see a 30% probability of entering a recession over the next year, compared to 15% previously, and a 25% conditional probability of entering a recession in the second year

Cloudy valuations give investors pause in buying beaten-up US stocks

Market volatility and a rapidly changing macroeconomic landscape have clouded metrics that investors typically use to value stocks

TMSEp196: Airfare hike, Shankar Sharma, markets, Sec8 of Companies Act

How will the airfare hike impact travel? What's First Global's Shankar Sharma's investment strategy? Why US Fed's rate hike failed to calm markets? What is Section 8 of Companies Act? Answers here

TMSEp196: Airfare hike, Shankar Sharma, markets, Sec8 of Companies Act

How will the airfare hike impact travel? What's First Global's Shankar Sharma's investment strategy? Why US Fed's rate hike failed to calm markets? What is Section 8 of Companies Act? Answers here

Why US Fed's rate hike failed to calm markets?

The S&P BSE Sensex and Nifty50 indices hit 52-week lows on Thursday, as economists fear a recession could be around the corner for the US. Markets watchers see more pain ahead for the Indian markets

Dow Jones falls 758 points to lowest in over a year, techs slide

The Dow had rallied on Wednesday after the Fed Chairman Jerome Powell announced its largest rate hike since 1994

Sensex, Nifty tumble 2% on Federal Reserve's steep interest rate hike

Foreign investors sold shares worth 3,257.65 crore on Thursday, taking their year-to-date selling tally past the Rs 2-trllion mark

Investors brace for recession, more mkt turmoil after Fed's supersized hike

The S&P is down 22.2% year-to-date and is in a bear market

Wall St sinks as recession fears ripple through markets; Nasdaq down 3.85%

Growth stocks decline, banks also down; S&P 500 down 22.9% year-to-date

Don't see any adverse impact of US Fed Reserve rate hike: DEA secy Seth

The government does not see any adverse impact on the Indian economy post the US Federal Reserve's decision to raise interest rates by 75 basis points, Economic Affairs Secretary Ajay Seth said