Tag: federal reserve

A man walks in front of an electronic quotation board displaying share prices on the Tokyo Stock Exchange in Tokyo.(AFP)
Posted in Business

Japan stocks slide 3% after Wall Street’s worst rout since August 5

Sep 04, 2024 08:05 AM IST Japanese stocks fell in the wake of Wall Street’s worst rout since the Aug. 5 market meltdown, with tech…

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Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, US.(Bloomberg)
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US stock market sees biggest slide since August. Reason? History and data

Stocks got hit at the start of a historically tough month for the market, with investors bracing for economic data that will show whether or…

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The US Treasury Department in Washington, DC, US.(Bloomberg)
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US Federal Reserve policymakers flag rate cuts as job market cools

Two Federal Reserve officials said they believe it’s appropriate for the US central bank to begin lowering interest rates soon, and that the pace of…

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Fed minutes: Most officials favored a rate cut in September if inflation continued to cool
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Fed minutes: Most officials favored a rate cut in September if inflation continued to cool

WASHINGTON — Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as…

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India bond yields seen marginally lower as Fed rate cut bets improve
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India bond yields seen marginally lower as Fed rate cut bets improve

By Dharamraj Dhutia India bond yields seen marginally lower as Fed rate cut bets improve MUMBAI, – Indian government bond yields are expected to trend…

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An electronic ticker displays stock figures in Shanghai, China.(Bloomberg)
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Global stocks set for longest win streak of 2024. Major reasons why

European and US futures rose alongside Asian stocks, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready…

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Dollar falls on bets for dovish Fed
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Dollar falls on bets for dovish Fed

By Rae Wee Dollar falls on bets for dovish Fed SINGORE, – The U.S. dollar declined broadly on Monday and slid against the yen in…

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Indian rupee likely to be rangebound, bond traders eye US peers
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Indian rupee likely to be rangebound, bond traders eye US peers

By Jaspreet Kalra and Bhakti Tambe Indian rupee likely to be rangebound, bond traders eye US peers MUMBAI, – The Indian rupee is expected to…

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Stocks climb tracking inflation, growth data
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Stocks climb tracking inflation, growth data

Stock markets mostly rose Thursday, as easing US consumer inflation buoyed hopes that the Federal Reserve could announce a big interest-rate cut next month, weighing…

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People shop at a grocery store in Rosemead, California. US consumer inflation eased slightly in July, according to US Labor Department data.(AFP)
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Annual US inflation falls to 3-year low. When will Federal Reserve cut rates?

Aug 15, 2024 07:57 AM IST Data from US Labor Department showed that consumer prices rose just 0.2% from June to July after dropping slightly…

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