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Source: Live Mint The United States dollar rose to nearly a seven-month high against major currencies on Wednesday, November 13, after the U.S. inflation data for October showed an increase, in line with market expectations and hinted that the Federal Reserve (FED) would keep cutting rates, reported the news agency Reuters. The US dollar rose…
Source: Business Standard 3 min read Last Updated : Oct 04 2024 | 11:41 AM IST With anti-immigrant sentiments growing in countries like Australia, the UK, the US, and Canada, US Treasury Secretary Janet Yellen has spoken out about the benefits of immigration, asserting its importance for the American economy. Yellen made her case…
Source: Business Standard Seth also said that we need to watch out how other economies and markets will respond to the decision. (Photo: Shutterstock) 2 min read Last Updated : Sep 19 2024 | 4:04 PM IST Chief Economic Advisor V Anantha Nageswaran said on Thursday that the impact of the US Federal Reserve’s decision…
Source: Live Mint Ending the weeks of intense speculation, the US Federal Reserve’s Federal Open Market Committee (FOMC) has taken a decisive step in initiating a new monetary easing cycle, announcing a 50 basis points (bps) cut to the federal funds rate. The move comes after months of market speculation and a 14-month policy pause….
Source: Live Mint The Indian stock market resumed its upward momentum and logged the best week since the end of June, largely supported by positive global cues ahead of a likely interest rate cut by the US Federal Reserve. In the third week of September, investors will closely monitor key market triggers such as new…
Source: Live Mint US Fed rate cut: The outcome of the September policy meeting of the Federal Open Market Committee (FOMC) could be the most significant catalyst for global markets—or perhaps not. Although no one knows what the US Federal Reserve will decide about policy rates on September 17-18, there is still prevailing certainty that…
