Articles for Fed

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
11 hours, 3 minutes ago

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week

Associated Press  

BANGKOK — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave last week when the central bank hinted it may deliver fewer cuts …

Market Stock Fed Nissan
U.S. consumer spending rises in November; monthly inflation subsides
1 day, 22 hours ago

U.S. consumer spending rises in November; monthly inflation subsides

The Hindu  

U.S. consumer spending increased in November, underscoring the economy's enduring strength, which prompted the Federal Reserve this week to project fewer interest rate cuts in 2025 than it had three months ago. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.4% last month after a downwardly revised 0.3% gain in October, the Commerce Department's Bureau …

Consumer Inflation Spending Consumer Spending Fed Quarter Rate
Sulking Prince Andrew is so fed up by his fall from grace that he is 'refusing to walk the late Queen's corgis'
2 days, 4 hours ago

Sulking Prince Andrew is so fed up by his fall from grace that he is 'refusing to walk the late Queen's corgis'

Daily Mail  

Prince Andrew is believed to be so fed up by his fall from grace that he has 'refused to walk the late Queen's corgis'. The Duke of York was gifted two of her late Majesty's dogs on her death, yet the 64-year-old won't walk any of them because he is so 'demoralised' by life. Prince Andrew is believed to be …

Queen Chinese Yang Walk King Prince Sarah
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
3 days, 1 hour ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

Associated Press  

WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known …

Inflation Index Price Month Fed Rate Cut
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
3 days, 3 hours ago

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

Associated Press  

▶ Follow live updates on federal funding negotiations as a government shutdown looms. Trump vowed on social media Wednesday to “fight ’till the end” unless Democrats agreed to lift the debt ceiling as a condition for the short-term funding to keep the federal government open. By Thursday, Trump was claiming on social media that a new deal reached among Republicans …

Social Media Economy Inflation Trump Democrats Republican House
Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar
3 days, 4 hours ago

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 against the U.S. dollar on Friday, on softening of the U.S. dollar index and a potential intervention by the Reserve Bank of India. On Thursday, the rupee depreciated 19 paise and breached the crucial 85 level to close at a fresh all-time …

Fed Rbi Low Rupee Gains 10 Paise Lower Levels
Wall Street rises to turn a dismal week into just a bad one
3 days, 10 hours ago

Wall Street rises to turn a dismal week into just a bad one

Associated Press  

NEW YORK — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave this week when the central bank hinted it may deliver fewer cuts to interest rates next year …

Market Inflation Stock Fed Wall Street
Sensex nosedives 1,100 points, Nifty falls below 23,600; IT stocks tumble
3 days, 15 hours ago

Sensex nosedives 1,100 points, Nifty falls below 23,600; IT stocks tumble

India Today  

Benchmark stock market indices fell sharply during Friday’s trading session, extending their weak run throughout the week. All broader market indices also fell as volatility spiked following the US Federal Reserve’s recent commentary on rate cuts. Other key sectoral indices like Nifty Bank and Nifty Financial Services also saw sharp losses. Broader weakness in Asian markets, triggered by the US …

Stocks Fii Fed It Stocks Nifty Falls
Explained: Why Sensex fell 4,000 points in 5 trading sessions
3 days, 15 hours ago

Explained: Why Sensex fell 4,000 points in 5 trading sessions

India Today  

Indian equities extended their sharp decline this week, with the Sensex and Nifty witnessing their steepest weekly drop in two and a half years. The BSE Sensex plummeted over 4,000 points across five consecutive sessions, while the NSE Nifty50 fell approximately 1,200 points, representing a nearly 5% loss within the week. The ongoing selloff has been fuelled by several factors, …

India Market Indian Nifty Fed Points Sensex
Sensex tumbles 1,000 points. What's behind the bloodbath on Dalal Street?
3 days, 15 hours ago

Sensex tumbles 1,000 points. What's behind the bloodbath on Dalal Street?

India Today  

Benchmark indices extended losses on Friday, with the S&P BSE Sensex and NSE Nifty50 plunging over 1.3% each amid heightened market volatility. IT STOCKS UNDER PRESSURE The biggest drag on the market was a sharp decline in IT stocks following the US Federal Reserve’s downward revision of its 2025 interest rate cut forecast. This shift is pressuring large-cap stocks, especially …

Market Fii Fed Sensex It Stocks
Fed lowers rates but sees fewer cuts ahead
Top News
3 days, 15 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

US Federal Reserve Chair Jerome Powell departs after speaking at a press conference where he announced the Fed had cut interest rates by a quarter point following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, US, December 18, 2024. WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis …

Fed Rate
Fed lowers rates but sees fewer cuts ahead
Trending News
3 days, 15 hours ago

Fed lowers rates but sees fewer cuts ahead

China Daily  

WASHINGTON — The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, while signaling a slower-than-expected pace of easing next year. US stocks plunged following the rate cuts, with the Dow Jones Industrial Average falling 2.58 percent, the S&P 500 sinking 2.95 percent and the Nasdaq dropping 3.56 …

Fed Rate
Bitcoin, high on Trump, sobers up after Fed statements
3 days, 15 hours ago

Bitcoin, high on Trump, sobers up after Fed statements

Salon  

Bitcoin, riding record highs following Donald Trump's embrace of the digital cryptocurrency, came back down to earth after Federal Reserve Chairman Jerome Powell said the central bank is not looking to hold it. Related The Crypto Revolution comes to Washington "The Federal Reserve Act says what we can own, and we're not looking for a law change," Powell said. On …

Trump Crypto Bitcoin Fed Bloomberg Powell
Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year
4 days, 10 hours ago

Stock Market Today: Sensex, Nifty slump in early trade as U.S. Fed indicates fewer rate cuts next year

The Hindu  

Benchmark indices Sensex and Nifty slumped in early trade on Thursday following weak global market trends after the U.S. Federal Reserve indicated fewer rate cuts next year. This trigger was provided by the Fed guidance of fewer rate cuts in 2025, which went against market expectations. Even though the rate cut of 25 bps was in tune with the market’s …

Market Nifty Fed Sensex Early Trade Rate Cuts Fewer Rate Cuts
Stock market today: Wall Street ends little changed after giving up a big morning gain
4 days, 10 hours ago

Stock market today: Wall Street ends little changed after giving up a big morning gain

Associated Press  

NEW YORK — An early rebound for U.S. stocks on Thursday petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.1% following Wednesday’s tumble of 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The computer memory company’s revenue fell …

Stock Market Market Interest Rates Interest Revenue Fed Quarter
Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade
4 days, 10 hours ago

Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

The Hindu  

The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. Forex traders said the US Federal Reserve has adjusted its projections for 2025, signalling a more cautious monetary policy stance, pressuring emerging market currencies, including the …

Fed Low Dollar Us Dollar 12 Paise Rupee Decline
Stock Market Today: Sensex Plummet Over 1,000 Points, Nifty Below 23,920
4 days, 11 hours ago

Stock Market Today: Sensex Plummet Over 1,000 Points, Nifty Below 23,920

ABP News  

Stock Market Today: Domestic benchmarks Nifty 50 and Sensex fell sharply on Thursday during the early trade. Domestic benchmark indices opened sharply lower on Thursday, reflecting negative global sentiment after the US Federal Reserve reduced the key lending rate by 25 basis points. Ahead of India's market opening, GIFT Nifty futures dropped by 300 points, signalling a volatile session and …

India Market Nifty Fed Rate Points Sensex
Sensex opens in red, tanks 1,162.12 points to 79,020.08 in early trade; Nifty tumbles
4 days, 15 hours ago

Sensex opens in red, tanks 1,162.12 points to 79,020.08 in early trade; Nifty tumbles

India TV News  

Sensex on Thursday tanked 1,162.12 points to 79,020.08 in early trade. Equity benchmark indices Sensex and Nifty stayed on the back foot for the fourth straight session on Thursday as investors offloaded utility, capital goods and metal stocks amid foreign fund outflows. Whereas, the National Stock Exchange index Nifty was seen trading at 23,918 in the early trade, down 1.16 …

Stocks Fed Early Trade Red Sensex Trade Nifty
US Fed slashes rates by 25 basis points, bracing for policy uncertainty
Trending News
4 days, 15 hours ago

US Fed slashes rates by 25 basis points, bracing for policy uncertainty

China Daily  

Xinhua | Updated: 2024-12-19 09:29 Photo taken on April 20, 2022 shows the US Federal Reserve building in Washington, DC, the United States. WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff …

Policy Committee Federal Fed Rate Powell Basis
Rupee plunges to all-time low, reaches Rs 85 against US dollar
Trending News
4 days, 15 hours ago

Rupee plunges to all-time low, reaches Rs 85 against US dollar

India Today  

Rupee fell to an all-time low against the US dollar on Thursday, breaching the Rs 85 mark for the first time. This decline comes after the US Federal Reserve cut key interest rates by 25 bps and signalled fewer rate cuts in 2025, putting additional strain on the currency, which has already been under pressure due to weak capital inflows …

India Fed Rate Low Rupee Us Dollar
US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets
Top News
4 days, 15 hours ago

US Fed cuts key interest rates by 0.25%: 3 key takeaways for stock markets

India Today  

Stock markets are expected to open lower on Thursday, following a global market slump after the US Federal Reserve cut interest rates by 25 basis points. GLOBAL MARKET REACTIONS Wall Street reacted negatively to the Fed’s announcement, with all three major US indices—Dow Jones, S&P 500, and Nasdaq—posting their biggest single-day losses in months. Gift Nifty, an indicator for the …

Global Markets Market Indian Interest Rates Nifty Fed
US Fed slashes rates by 25 basis points, bracing for policy uncertainty
Trending News
4 days, 15 hours ago

US Fed slashes rates by 25 basis points, bracing for policy uncertainty

China Daily  

WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff policies. In support of its goals, the committee decided to lower the target range for the federal funds rate by 25 basis points …

Policy Committee Federal Fed Rate Powell Basis
US Federal Reserve cuts key interest rates by 0.25%
4 days, 15 hours ago

US Federal Reserve cuts key interest rates by 0.25%

India Today  

WASHINGTON : The Federal Reserve cut its key interest rate on Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just …

Economy Inflation Trump Fed Rate Rates Reserve Cuts
US Federal Reserve lowers interest rates, signals slower cuts for 2025
Trending News
4 days, 15 hours ago

US Federal Reserve lowers interest rates, signals slower cuts for 2025

India TV News  

The Federal Reserve cut its benchmark interest rate by a quarter for the third consecutive time. Future outlook: Moderate reductions expected by 2025 Another quarterly outlook indicated only two rate cuts in 2025, with officials predicting government rates to reach 3.75 per cent-4 per cent by the end of that year. Fed Governor Michelle Bowman warned that inflation would remain …

Market Inflation Interest Rates 2025 Cent Federal Reserve Jerome Powell