Page 50 - Us Federal Reserve

Wall Street banks set to profit again when Fed withdraws pandemic stimulus

The Fed has been buying up government-backed bonds since March 2020, adding $4 trillion to its balance sheet, as part of an emergency response to the COVID-19 pandemic.

Risks on the rise for global stock markets, warns Chris Wood

A major rise in oil price will have the 'potential to aggravate inflation scare dramatically,' he says.

Fed lays out plan to reduce bond purchases, flags inflation worries

Policymakers discuss plan for 'gradual' cut in bond-buying

Dollar hits one-year high as US yields rise, inflation data on tap

Yields on the US two-year Treasury note jumped to their highest level in more than 18 months

Federal Reserve policymakers hone in on November taper timeline

Earlier on Tuesday, Atlanta Fed President Rafael Bostic said last month's jobs report displayed sufficient progress and endorsed a November start

Reform-oriented governance reason for market outperformance: Mukul Kochhar

In an interview, Kochhar says monetary policy normalisation is a definite risk but India is better placed, thanks to its strong macros

US President Joe Biden says he has 'confidence' in Jerome Powell

"Well, thus far yes, but I'm just catching up to some of these assertions," Biden said on a visit to Michigan when asked by a reporter about confidence in the Fed's integrity and in Powell

Dollar at strongest levels of 2021 as traders brace for Fed taper

The euro fell to $1.1657, its lowest since November 2020

US bond yield spike spooks Street; Sensex ends 410 points lower

Analysts see correction as a trend reversal that could last a while

Did central banks gain too much clout in pandemic: An economist explains

Christina Parajon Skinner, an assistant professor at the Wharton School and former legal counsel at the Bank of England, probe the question.

Traders, economists see early taper warning signs to markets from RBI

The central bank is increasingly shifting its forex intervention to the forwards market to keep from injecting rupee liquidity, according to analysts.

Bulls take Sensex close to 60,000 as investor sentiment gets huge boost

Many expect the Sensex to go past 60,000 and the Nifty to top 18,000 in the next few sessions

Fed can't protect markets in case of default, says Jerome Powell

"The failure to do that is something that could result in severe damage to the economy and to financial markets and it's just not something we should contemplate," he said

Sensex ends at record high, eyes 60,000: 3 factors behind the rally

The sentiment remained robust in the broader markets too as the BSE Midcap touched new high in intra-day session and ended 1.31 per cent higher

Sensex ends 958 pts up at 59,885, Nifty tops 17,800; Realty index gains 9%

Stock market LIVE: Sectorally, all indices were trading positively, led by Nifty Realty

Fed policymakers see upward march in interest rates starting next year

(Reuters) -Half of U.S. Federal Reserve policymakers now expect to start raising interest rates next year and think borrowing costs should increase to at least 1% by the end of 2023, reflecting a growing consensus that gradually tighter policy will be needed to keep inflation in check.

Fed's Powell says taper could start in November, finish in mid-2022

US stocks pared gains, while yields on 10-year Treasuries pushed higher

Wall Street ends higher as Fed signals bond-buying taper soon

Dow Jones Industrial Average rose 341.11 points, or 1.01%, to 34,260.95, the S&P 500 gained 41.54 points, or 0.95%, to 4,395.73

Powell says Wells Fargo asset cap to stay in place until problems fixed

A Wells Fargo spokeswoman did not immediately respond to a request for comment

Fed signals bond-buying taper may start soon, split on 2022 hike

US stocks rose slightly, while yields on 10-year Treasuries maintained an earlier decline; the dollar remained lower after the decision