Page 66 - Us Federal Reserve
US Federal Reserve policymakers signal comfort with higher inflation
But once the coronavirus is under better control and unemployment has come down somewhat, he said, the Fed may need to shift its accommodative policies into higher gear
 "US Federal Reserve policymakers signal comfort with higher inflation")
New monetary policy framework critical, robust evolution: US Fed vice chair
The Fed's new framework noted that policy decisions going forward will be based on the FOMC's estimates of "shortfalls of employment from its maximum level,"
 "New monetary policy framework critical, robust evolution: US Fed vice chair")
Gold hits near two-week high on weaker dollar, dovish US Fed signals
Gold prices rose on Monday to their highest level in nearly two weeks, as US Federal Reserve's new policy framework suggested that interest rates would remain low for some time
 "Gold hits near two-week high on weaker dollar, dovish US Fed signals")
Managing markets
Bond and currency markets would increase policy difficulties
 "Managing markets")
Markets higher as Fed chair says interest rates to stay low
Asian markets were mostly higher on Friday after the Federal Reserve said it might keep interest rates low even if inflation rises, in a major overhaul to its strategy. Shares rose in Japan, South Korea, Shanghai and Hong Kong but fell in Sydney. Overnight, the S&P 500 ticked 0.2% higher, further into record territory and closing at 3,484.55, after Federal Reserve chair Jerome Powell said in a speech that it might keep interest rates low to help prop up the pandemic ravaged economy even if inflation rises above its target level of 2%. The hoped for change in the Fed's strategy is a huge deal for markets that have been rescued by central banks slashing short-term interest rates and buying all kinds of bonds. Japan's consumer price index rose 0.3% in July, the government reported, down from 0.6% the month before. The Bank of Japan has kept interest rates near or even below zero for most of the past decade, seeking to spur inflation and entice companies and consumers to spend more. .
 "Markets higher as Fed chair says interest rates to stay low")
Federal Reserve to target 2% average inflation, elevates focus on jobs
Under the new approach, the US central bank will seek to achieve inflation averaging 2% over time, offsetting below-2% periods with higher inflation "for some time"
Gold holds steady on softer dollar, investors eye Fed Chair Powell's speech
Gold prices were mostly unchanged after rising more than 1% in the previous session on weaker US dollar, as investors awaited a speech from Federal Reserve Chairman Jerome Powell due later in the day
 "Gold holds steady on softer dollar, investors eye Fed Chair Powell's speech")
Framework review complete, Powell starts hard sell for higher inflation
On Thursday, Fed Chair Jerome Powell begins what may be the tougher task: convincing the public that the central bank can and will deliver in the wake of a pandemic
Gold prices fall to Rs 51,454 per 10 gram, silver plunges to Rs 64,594 a kg
In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,250 from Rs 51,700 per 10 gram in the previous trade while price of 24-carat was at Rs 54,870
Gold ticks higher as dollar slips; focus turns to Fed Chair Powell's speech
Spot gold was up 0.2% to $1,935.88 per ounce by 0335 GMT. U.S. gold futures gained 0.1% at $1,941.60
 "Gold ticks higher as dollar slips; focus turns to Fed Chair Powell's speech")
Bears are going extinct in US stock market's $13 trillion rebound
Virtually every constituency in the market has gotten more bullish as the S&P 500 surged 52% in five months
 "Bears are going extinct in US stock market's $13 trillion rebound")
Gold prices fall to Rs 52,319 per 10 gram, silver slides to Rs 66,153 a kg
In New Delhi, prices of 22-carat gold plunged sharply to Rs 51,200 from Rs 51,850 per 10 gram in the previous trade while price of 24-carat was at Rs 55,850, down by over Rs 700
 "Gold prices fall to Rs 52,319 per 10 gram, silver slides to Rs 66,153 a kg")
Indices fall over 1% after US Fed's warning on Covid-19 spooks investors
The US central bank's warning saw investors taking money off the table
 "Indices fall over 1% after US Fed's warning on Covid-19 spooks investors")
Gold prices today at Rs 53,394 per 10 gram, silver at Rs 67,072 a kg
In New Delhi, prices of 22-carat gold rose sharply to Rs 51,850 from Rs 51,150 per 10 gram in the previous trade while prices of 24-carat was at Rs 56,560, up by over Rs 1,000
 "Gold prices today at Rs 53,394 per 10 gram, silver at Rs 67,072 a kg")
Gold prices drop to Rs 53,815 per 10 gram, silver zooms to Rs 69,998 a kg
In New Delhi, prices of 22-carat gold remain steady at Rs 51,150 per 10 gram while prices of 24-carat was at Rs 55,090
 "Gold prices drop to Rs 53,815 per 10 gram, silver zooms to Rs 69,998 a kg")
China's banking watchdog warns Fed easing risks global financial crisis
The article comes on the heels of a similar warning from Guo in an interview with Xinhua
 "China's banking watchdog warns Fed easing risks global financial crisis")
Gold prices steady at Rs 52,701 per 10 gram, silver rises to Rs 67,439 a kg
In New Delhi, prices of 22-carat gold jumped significantly to Rs 51,150 per 10 gram from previous close of Rs 50,250 while prices of 24-carat also climbed to Rs 55,900
US budget deficit climbs to record $2.81 trillion, expected to rise further
The federal government rang up a $63 billion deficit in July, the department reported
 "US budget deficit climbs to record $2.81 trillion, expected to rise further")
Technocrats versus politicians
In a democracy, monetary policy cannot be entirely left to technocrats any more than war can be left to generals
 "Technocrats versus politicians")
US economic recovery to be muted until Covid is contained: Fed officials
Consumer spending will probably remain weak relative to the past as people avoid activities that require high levels of social interaction for health reasons, Boston Fed President Eric Rosengren said
