Page 65 - Us Federal Reserve

Lagarde makes case for aligning ECB's inflation strategy with US Fed

The ECB is widely expected to follow in the footsteps of the Fed, which said last month it would aim for inflation of 2% on average

Best of BS Opinion: RBI's GDP projection, progressive farm Bills, and more

Here's a selection of Business Standard opinion pieces for the day

West's central banks are undergoing a profound shift. RBI must not follow

Starting with the Fed, the West's central bankers are descending into a dangerous spiral of overconfidence. RBI has no such room for error

Chris Wood bullish on cyclical stocks; sees more stimulus from US Fed

GREED & fear's view is that there is a scope for US Fed action inter-meeting if the market action is violent enough

Unemployment rate rises in US as govt stimulus for recovery fades

Federal Reserve Chair Jerome Powell told lawmakers on Wednesday that Congress and the U.S. central bank needed to "stay with it" in working to support the economy's recovery

Fed officials double down on pledge to keep interest rates near zero

The Fed's governing board made that vow last week at its regularly scheduled policy meeting, promising to leave rates at their current near-zero levels until the economy reaches full employment

India in the world of (near) free money

The stance of the large central banks and recent changes in the policy framework mean that the cost of money in the global financial system would remain low in the foreseeable future

Fed, Treasury chiefs back more aid for small biz, but leave details fuzzy

(Reuters) - Top U.S. economic policymakers opened the door on Tuesday to further aid for small businesses hit by the coronavirus-triggered recession, but differed over how broad it might extend and the manner in which it should be delivered.

Powell says central bank committed to using all tools to help recovery

The Federal Reserve remains committed to using all the tools at its disposal to help the US economy recover from the blow delivered by the coronavirus pandemic, Chair Jerome Powell said

Global trends, F&O expiry, geo-politics to move stocks this week: Analysts

With no major macroeconomic domestic data to be announced this week, global trends, geo-political worries and F&O expiry on Thursday are likely to move stock markets this week, analysts said. Markets may witness volatility amid derivatives expiry on Thursday, they said. Benchmark index Sensex pared gains to close almost flat last week as the US Federal Reserve's guidance triggered a rout in global equities.The US Fed did not unveil any additional stimulus measures at its policy meet, even though it hinted at the key interest rate staying close to zero at least through 2023. Federal Reserve Chairman Jerome Powell also said the economic outlook is "highly uncertain", stoking fears of more pain in store for businesses. "Markets have been trading with uncertainty and the clear lack of direction to either side was visible in the last week's trades. Due to lack of any fresh triggers for the market, the current uncertainty is expected to continue. But any news with regards to the border .

Federal Reserve weighs bank dividends as it prepares second stress test

The central bank said it will release the results of the new analysis by the end of 2020

MARKET: Sensex slips 323 pts amid weak global cues, Nifty ends at 11,516

All that happened in the markets today

Gold drops 1% as dollar rises after US Fed's upbeat economic view

Spot gold was down 1.1% to $1,938.12 per ounce by 0321 GMT. U.S. gold futures slipped 1% to $1,951.30

BOJ to hold fire, signal resolve to work closely with Suga's new cabinet

The BOJ board may also debate how the Federal Reserve's recent shift towards a policy focusing more on jobs

Federal Reserve vows to keep interest rates near zero until inflation rises

The Fed's decision drew two dissents, one from a policymaker who thought it went too far, and the other from one who thought it didn't go far enough

HDFC Bank, Infosys help Sensex settle 259 pts higher, Nifty ends at 11,605

All that happened in the markets today

US Fed nominee Shelton doesn't yet have Senate support, Thune says

Judy Shelton does not currently have the votes to win confirmation in the US Senate, Republican Senator John Thune said Tuesday

Asian stocks cheer upbeat data but temper appetite ahead of US Fed meeting

The Fed is due to announce its decision on Wednesday, followed by a news conference from Jerome Powell

Gold prices flat as vaccine hopes lift equities; focus shifts to Fed meet

Gold prices were flat as investors maintained a cautious approach ahead of Fed's policy decision this week and as optimism around a potential Covid-19 vaccine lifted appetite for riskier assets

Rates to stay low for 'however long it takes': US Fed Chair Jerome Powell

Jerome Powell said the US jobs report for August was "a good one," but noted that with gains likely to slow, the central bank is planning to keep its foot on the monetary policy gas pedal for years