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Fed trims interest rates by 50 basis points, gold prices touch record-high

Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…

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Fed meeting starts today, rate cut on the cards. Here’s what experts are saying

The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…

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Sensex, Nifty edge up in volatile trade ahead of US Fed chief speech

In early trade, the benchmark declined 169.93 points or 0.20 per cent to a low of 80,883.26. La…

PTI   


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Markets globally await Fed chair Jerome Powell's Jackson Hole Symposium address later today

The central bankers and markets around the globe will be eying the speech given by Federal Reserve …

ANI   


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Why Jerome Powell may regret his 'rifle shot' Jackson Hole speech, according to economist Adam Posen

Fed Chair Jerome Powell's Jackson Hole speech was too focused on the labor market, and didn't illum…

Kelly Cloonan   


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Here's how Jerome Powell could surprise markets with his Jackson Hole speech

"A possible hawkish surprise might be highlighting instead that broad financial conditions are stil…

Matthew Fox   


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The Fed finally cut interest rates. Here's what comes next.

Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can…

Dan DeFrancesco   


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Stock market today: US stocks rise ahead of Jerome Powell's speech at Jackson Hole

The past three Jackson Hole speeches have been followed by an average one-month decline of 4% in th…

Matthew Fox   


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The Fed gives the US its first jumbo interest-rate cut in 4 years

The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…

Ayelet Sheffey   


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Economic conditions are 'nearly perfect' and the Fed has engineered a 'miraculous' achievement, Evercore founder says

Economic conditions are "nearly perfect," with only inflation standing in the way of a soft landing…

Filip De Mott   


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The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says

The ratio of job openings to the unemployment rate has plummeted over the past year, top economist …

Jennifer Sor   


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The Fed's rate decision shows its focus has shifted from inflation to the labor market

"The Fed is more worried about the labor market and less concerned about inflation at this point," …

Filip De Mott   


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Stock market today: Nifty opens above 25k, metal inches up over 1% in early trade on August 1st, 2024

Maruti, Coal India, Hindalco, JSW Steel and Power Grid Corporation of India were amongst the early …

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The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation

Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting infl…

Kelly Cloonan   


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Why Fed rate cuts could mean corporate earnings will disappoint

Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…

Kelly Cloonan   


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A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades

The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…

Kelly Cloonan   


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US Fed says further interest rate hike unlikely going ahead

US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and …

ANI   


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The Fed will go bigger with rate cuts than markets think, Citi economist says

The Fed could cut 125 basis points by the end of the year if the labor market continues to cool, Ci…

Kelly Cloonan   


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Welcome to interest-rate cut week: Here's how the Fed's next move will impact everything from home prices to new cars loans

The Federal Reserve is expected to finally announce interest-rate cuts this week. Here's everything…

Madison Hoff,Ayelet Sheffey   


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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA

The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…