Page 48 - Us Federal Reserve

Joe Biden puts fresh stamp of autonomy on battered Federal Reserve

Biden's decision comes at a politically delicate time for the central bank

Steady leadership

Jerome Powell's second term will be more challenging

'Fed Reserve needs stability': Joe Biden backs Jerome Powell's leadership

Jerome Powell would be the right apolitical candidate to continue heading the US Federal Reserve, President Joe Biden said.

US President Joe Biden keeps Jerome Powell to lead Fed for second term

The move, announced by the White House on Monday, rewards Powell for helping rescue the US economy from the pandemic

Biden taps Powell for second terms as Fed chair; Brainard to be vice chair

Powell, 68, will need to be confirmed by the Senate, currently controlled by Biden's Democratic party but closely divided

US Federal Reserve governor urges speedier tapering as inflation surges

US Federal Reserve Governor Christopher Waller has urged the central bank to speed up the pace of tapering asset purchases in response to the surging inflation

Dollar jumps after strong US retail data fuels rate hike bets

The dollar rose to its highest against the Japanese yen since March 2017 after U.S. data on Tuesday showed stronger-than-expected retail sales last month

Why Jerome Powell must go

On all of the defining issues of the moment, US Federal Reserve chair has shown that his instincts are out of step with what the country needs

Powell or Brainard? Joe Biden weighs his pick for US Fed chairman

The White House is cognisant of pressure from both moderates and progressives within the Democratic Party about the choice

Treasuries most sensitive to Fed set for biggest loss since 2019

The Treasury market has seen unusually large price swings as liquidity dried up

TMS, Ep 41: Fate of crypto, Falguni Nayar, Q2 results, and F&O trading

How will RBI's tough stance shape the fate of cryptocurrencies? How did Falguni Nayar become India's most successful entrepreneur? What is F&O, and how does it differ from equity trading? Answers here

Market wrap: Benchmark indices decline for a third straight day

Sensex falls 433 points to close at 59,920; Nifty50 settles with a loss of 143 points at 17,874

Gold prices ease after steep rally as investors digest US data

Gold prices eased on Thursday after rallying to a five-month high in the previous session, as investors reassessed how the US Federal Reserve would respond to a surge in consumer prices last month

Powell highlights US Fed's commitment to 'inclusive' recovery

The pandemic recession fell hardest on lower-income workers and widened racial gaps: Powell

Fed warns of peril in run-up of risky asset prices, stablecoins

While the Fed is sounding alarms about high asset prices, some economists have said the central bank's own policies are behind much of the surge.

Euro/dollar treads water as traders wait for more clues on rates

The euro held steady against the dollar on Tuesday and most currency pairs were stuck as traders waited for U.S. inflation data later in the week and more speeches from central bank governors

Markets this week: Should you buy shares on dips or sell on a rally?

With earnings season drawing to a close and the US Fed clarifying on taper, focus will shift to domestic triggers this week. How will the stock markets behave now? Should you start booking profit?

Analysis: Indonesia, India beckon as US Fed tapers without tantrums

Investors say this time is different as they lay bets on sparkling returns

Analysis: Indonesia, India beckon as US Fed tapers without tantrums

Last time the Federal Reserve moved toward reducing bond buying, it triggered a rush of funds out of emerging markets. This time is different, investors say.

Global shares up after Fed says economic aid will wind down

Global shares rose Thursday, boosted by the U.S. Federal Reserve's announcement that it will begin winding down the extraordinary aid for the economy it has been providing since the early days of the pandemic. France's CAC 40 added 0.5% in early trading to 6,984.21, while Germany's DAX rose 0.5% to 16,035.43. Britain's FTSE 100 edged up 0.3% to 7,270.02. U.S. shares were set to drift higher, with Dow futures inching up nearly 0.1% to 36,054.00. S&P 500 futures were also higher at 4,661.25, up 0.2%. Japan's benchmark Nikkei 225 gained 0.9% to finish at 29,794.37. South Korea's Kospi added 0.3% to 2,983.22. Australia's S&P/ASX 200 edged up 0.5% to 7,428.00. Hong Kong's Hang Seng added 0.8% to 25,225.19, while the Shanghai Composite rose 0.8% to 3,526.87. Analysts said the signs from the Fed continued to be dovish, as well as hawkish, reassuring global markets that interest rates weren't going to be raised for some time. We got a dowkish' Fed move, was the way RaboResearch ...