Page 69 - Us Federal Reserve

Emerging-market rally seen unstoppable as traders turn to Powell

JPMorgan's measure of implied volatility for EM currencies had its biggest weekly drop since 2011

Fed to stay full throttle with credit support despite debt rally

Central bankers are likely to remain undeterred in both their credit and monetary policy support until the jobless rate gets closer to their full employment estimate of 4.1per cent

US Fed likely to keep near zero rates for a few years to boost economy

Roberto Perli, a former Fed staffer and now head of global policy research at Cornerstone Macro, also expected the SEP to show that Fed officials would not want to raise rates before 2022

Second wave of Covid-19 could derail US economic recovery: Fed chief Powell

Powell believes that the second wave of coronavirus cases would dampen consumer confidence and hurt economic recovery

Covid-19: US Fed survey on economic revival, outlook and consumer behaviour

The sharp plunge in economic activity recounted in the US central bank's latest temperature check of business activity across its 12 districts shed light on the depth of the economic pain

US economy to recover from Covid-19 shock by end of 2021: Fed Chief Powell

The US has expressed disappointment over China's handling of the Covid-19 which has claimed nearly 90,000 lives in America

In search of the right prescription

Policy predictability and an unambiguous long-term blueprint are essential for private investors

Stock markets fall sharply as stimulus package fails to lift sentiment

The benchmark indices fell nearly 3% on Thursday, erasing all the gains made a day earlier on optimism over the Rs 20-trillion rescue package announced by the government

Market Wrap, May 14: Here's all that happened in the markets today

Sectorally, IT stocks took the biggest knock as the Nifty IT index declined 3.5 per cent to 13,293.70 levels. Nifty Bank lost 566 points or nearly 3 per cent to 19,068.50 levels

Covid-19 crisis: Jerome Powell warns of lasting harm; US stocks slump

The Dow Jones Industrial Average was down 496.84 points, or 2.09 per cent, at 23,267.94, the S&P 500 was down 52.72 points, or 1.84 per cent, at 2,817.40 (at 9:37 pm IST).

Fed Chair Powell warns of prolonged US recession after coronavirus

He said the US economy may depend on more fiscal stimulus to fight the economic impacts of the coronavirus

The case for deeply negative interest rates

Such a policy, backed up by measures to prevent cash hoarding by financial firms, can solve many of today's problems

Worst yet to come: Fed official after US loses 20.5 mn jobs due to Covid-19

"We may be in an environment of gradual relaxing and then having to clamp back down again around the country as the virus continues to spread," he said.

Markets looking forward to bailout

But the currency could take a hit if rating agencies respond unfavourably

US Federal Reserve won't take rates negative, say fund managers, economists

Fed funds futures, which are a gauge of where markets expect the Fed's benchmark overnight lending rate to be, are now pricing in a slightly negative rate environment beginning in December

The threat of enfeebled great powers

The United States' decline, meanwhile, is over-predicted and under-believed

Covid-19 impact: Fed sees slow, uneven recovery from slowdown in US economy

More than 30 million Americans have filed for unemployment claims in the last six weeks

Covid-19: Apple issues cheapest bonds in years to fund buy-backs, dividends

The technology company raised $8.5 billion by selling four different bonds with maturities ranging from three years to 30 years

Amidst the gloom and doom, the market's exuberance is confounding

For the sake of context, the financial crisis of 2008 had seen the S&P 500 fall by more than 50 per cent from its peak

For Fed Chair Powell, March was intense as response to Covid-19 intensified

Though the calendar gives no details on what was discussed, it suggests an explosion of activity at the US central bank unseen since the darkest days of the 2007-2008 financial crisis