Federal Reserve: News
16 Apr 2024
Indian EconomyMorgan Stanley forecasts no rate cuts for India in 2024-25
Morgan Stanley's team of analysts predicts that India is unlikely to lower its interest rates in the fiscal year 2024-25.
01 Apr 2024
IndiaGold prices hit a fresh all-time high of ₹69,487
Gold prices in India reached an all-time high of ₹69,487 per 10 grams on Monday, marking a significant increase of nearly ₹1,800 in initial trade.
14 Feb 2024
Stock MarketWhy Nifty and Sensex are trading in red today
Indian stocks faced a substantial drop today, influenced by the downturn in US markets last night.
14 Dec 2023
NiftyWhy Indian IT stocks are surging after US Fed meeting
The Nifty IT index soared to an all-time high on Thursday, thanks to positive takeaways from the US Federal Reserve's meeting.
14 Dec 2023
SensexSensex, Nifty50 hit all-time high as Fed hints rate cuts
In a surprising move, the US Federal Reserve decided to keep benchmark rates steady while hinting at potential rate cuts in 2024.
13 Dec 2023
Indian Rupee (INR)INR closes at all-time low of 83.41 against US dollar
The Indian rupee (INR) saw a slight dip of four paise, reaching an all-time closing low of 83.41 (provisional) against the US dollar on Wednesday.
04 Dec 2023
BusinessGold prices reach record high amid hopes of rate cuts
Gold hit a record high of $2,111.39 per ounce on Monday after the US Federal Reserve Chair Jerome Powell's optimistic remarks raised expectations of an early interest rate cut next year.
29 Nov 2023
Personal FinanceGlobal bonds near their best month since 2008 financial crisis
In November, sovereign and corporate debt worldwide shot up by 4.9%, per a Bloomberg analysis. That is the biggest monthly gain since December 2008.
07 Nov 2023
Saudi ArabiaOil prices fall below $80 amid US Fed rate concerns
For the first time in over two months, oil prices have dipped under $80 a barrel.
02 Nov 2023
SensexNifty50, Sensex gain 1% as US Fed pauses rate hikes
The domestic market opened higher on Thursday as the US Federal Reserve decided to hit a pause again on rate hikes.
31 Oct 2023
United States of AmericaUS Fed meeting begins today: Here's what to expect
The United States Federal Reserve will make its decision on whether to maintain or adjust interest rates during its upcoming meeting scheduled from October 31 to November 1.
21 Jul 2023
United States of AmericaUS may fall into recession in Q3 this year
Over the past few days, we have heard about how the probability of a recession in the US is falling. However, an index designed to understand where an economy is heading in the near term suggests otherwise.
23 Mar 2023
FinanceUS hikes rates for 9th consecutive time: Fight or flight
The ongoing banking crisis has failed to influence the US Federal Reserve. In an unsurprising move, the Fed hiked interest rates by 25 basis points in an aggressive push to tame high inflation.
31 Dec 2022
Indian Rupee (INR)Indian rupee ends 2022 as Asia's worst-performing currency
The Indian rupee has had a lackluster 2022. It ended 2022 as Asia's worst-performing currency.
01 Jul 2022
US Dollars#NewsBytesExplainer: What is causing Indian rupee's fall against US dollar
This week saw the Indian rupee hit an all-time low against the US dollar as it moved past the 79 rupees to a dollar mark.
10 May 2022
InflationHow Tiger Global lost $17 billion in tech investments
New York-based Tiger Global, one of the world's biggest hedge funds, has been hit by losses of around $17 billion this year caused by the large-scale sell-off of technology stocks since last week.
25 Feb 2022
New York CityUS fines National Bank of Pakistan for anti-money laundering violations
The United States federal regulators imposed fines worth $55 million on the National Bank of Pakistan (NBP) for non-compliance and anti-money laundering violations.
22 Jun 2018
Donald Trump35 US-banks would survive global economic recession: US Federal Reserve
The US's 35 largest banks are "strongly capitalized" and would survive a severe global economic recession, the Federal Reserve announced.
02 Jun 2018
United States of AmericaGold prices fall by Rs. 300 on weak global-cues, low-demand
Gold prices dived by Rs. 300 to Rs. 31,600 per ten grams, extending their slide for the third straight day at the bullion market today, tracking a weak trend overseas amid fall in demand from local jewelers.
13 Dec 2017
IndiaGold prices steady after four-month low
After falling continuously since a week, gold prices hit a four-month low yesterday, after a dip of Rs. 180 in the Delhi bullion market.
01 Nov 2017
Donald TrumpEx-RBI governor Raghuram Rajan to next head US Federal Reserve?
Former governor of the Reserve Bank of India, Raghuram Rajan, makes for an ideal candidate to head the US Federal Reserve, says international financial magazine Barron's.
15 Jul 2017
Janet YellenIs the US drug crisis linked to 'jobs market'?
Amid US's major opioid crisis, Federal Reserve Chief, Janet Yellen suggested that the crisis may be linked to a decline in the number of working Americans or those looking for work.
13 Jul 2017
Janet YellenSensex closes above the 32,000 for the first time ever
Riding high on the dovish comments of US Fed Chair Janet Yellen before the US Congress and a fall in retail inflation in June, benchmark equity indices reached record high levels today as the market opened.
15 Jun 2017
Janet YellenUS Federal Reserve hikes interest rate, plans balance sheet reduction
The Federal Reserve has hiked its benchmark lending rate by a quarter percentage point to 1.25% from its erstwhile 1%, showing its conviction in the US economy's growth and the job market performance and said that there is a chance of another hike later this year.
16 Mar 2017
United States of AmericaUS Federal Reserve hikes benchmark interest by 0.25%
The US Federal Reserve raised its benchmark interest rate for the second time in three months by 0.25% to a range of 0.75-1%.
