Tag: us federal reserve

Gold is on track for its best annual performance since 1979. (AFP)
Posted in Business

Gold rises to all-time high for 50th time in 2025 on rate-cut bets, Venezeula risk| Business News

Gold prices rose to an all-time high for the 50th time this year, asinvestors weighed escalating geopolitical tensions and the prospects for more US rate…

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Bank of Japan Governor Kazuo Ueda. (Reuters)
Posted in Business

Bank of Japan hikes benchmark interest rate to highest level since 1995| Business News

The Bank of Japan raised its benchmark interest rate to the highest in 30 years and said more increases are in the pipeline if conditions…

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The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg)
Posted in Business

A India-US trade deal, not Fed rate cut, matters more for India’s stock market, rupee| Business News

India’s stock markets are trading mixed after the US Federal Reserve delivered a third straight interest-rate cut, as investors tracked cues on progress of a…

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US Federal Reserve Chair Jerome Powell. (Reuters)
Posted in Business

US Fed cuts interest rate by 25 bps to 3.5-3.75%| Business News

A divided US Federal Reserve has cut the interest rate by 25 basis points to a range between 3.50% and 3.75%, but the path for…

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The Bombay Stock Exchange building on Dalal Street in Mumbai. (Bloomberg)
Posted in Business

Sensex down 800 points, Nifty below 26,000 — Why is stock market down today?| Business News

India’s stock market suffered a late sell-off today, with the benchmark indices tumbling sharply, wiping out over ₹7 lakh crore of investor wealth in the…

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The Fed and AI bubble talk are two major headwinds for crypto and risk assets heading into the end of the year. (Reuters)
Posted in Business

Bitcoin price crash indicates free fall to $80,000 amid AI bubble fears| Business News

Bitcoin is in free fall—and traders are positioning for more pain. The Fed and AI bubble talk are two major headwinds for crypto and risk…

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Gold has still gained more than 50% this year despite the recent pullback, and remains on course for the best annual gain since 1979. (Bloomberg)
Posted in Business

Gold holds three-day decline as expectations of another US Fed rate cut weaken| Business News

Gold prices held a three-day drop, hurt by fading expectations for another rate cut by the US Federal Reserve next month. Gold has still gained…

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Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP)
Posted in Business

Gold price rises amid conflicting views on more US Fed rate cuts in 2025| Business News

Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate…

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Posted in Economy

India’s GDP to grow 6.7-6.9 pc in FY26: Deloitte India

Deloitte India on Thursday projected India’s economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew…

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Chair Jerome Powell has reiterated that the US Federal Reserve is slightly more worried about the job market than its other congressional mandate, which is to keep the US inflation in check. (Bloomberg)
Posted in Business

Jerome Powell hints at more US Fed rate cuts amid jobs slowdown| Business News

Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US…

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