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2 mins read
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
2 mins read
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…
ANI
3 mins read
Sensex, Nifty surge on rally in US markets, foreign fund inflows
The NSE Nifty soared 187.45 points or 0.76 % to 25,010.60. Among the 30 Sensex firms, HCL Technolog…
3 mins read
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
1 min read
Stock market: Sensex and Nifty reach record levels, cross 82,000 and 25,000 point marks respectively!
Benchmark BSE Sensex jumped 388 points to breach the 82,000-level for the first time while broader …
PTI
2 mins read
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …
PTI
1 min read
Rupee trades flat 83.49 against US dollar in early session
Powell's testimony offered little new guidance on the US central bank's plans for when it mig…
PTI
2 mins read
The August jobs report reinforces 'waning vigor' in the labor market and the Fed should deliver a big rate cut, JPMorgan says
JPMorgan chief economist Michael Feroli says the Fed should cut 50 basis points this month as the A…
Kelly Cloonan
1 min read
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…
Kelly Cloonan
2 mins read
A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says
If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession…
Kelly Cloonan
4 mins read
The economy is at a fork in the road
The economy could go one of two ways in the near future, and one last data point could make it clea…
Juliana Kaplan,Madison Hoff,Ayelet Sheffey
2 mins read
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
5 mins read
Lipstick sales and strippers' tips: 6 weird indicators a recession could be coming
Recessions are difficult to predict. For the less market-inclined money watcher, there are several …
Erin Snodgrass
2 mins read
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
2 mins read
The US could enter a recession if the Fed doesn't cut rates, strategists say
The US unemployment rate rose to 4.3% in July from 4.1% in June, according to the Bureau of Labor S…
Huileng Tan
2 mins read
The Fed has been 'shaken' from its path by a softening labor market, and will deliver steeper rate cuts as a result, JPMorgan says
The Fed is shifting its gradualist stance amid uncertain labor market data, which will prompt steep…
Kelly Cloonan
2 mins read
The Federal Reserve is done talking about recession
The word "recession" doesn't appear in minutes from the Fed's last three meetings, after cropping u…
Theron Mohamed
3 mins read
Don't get your hopes up about the housing market
The Federal Reserve appears poised to cut interest rates in September. But the move might not help …
Eliza Relman
2 mins read
Americans just got the biggest confirmation yet of an interest rate cut next month — but the job market hangs in the balance
"The time has come for policy to adjust," Fed Chair Jerome Powell said at Jackson Hole, all but con…
Ayelet Sheffey
2 mins read
Powell's not the only central banker in the spotlight. Away from Jackson Hole, one chief had to endure 5 hours of intense questioning.
Fed chair Powell's is giving speech at Jackson Hole that may signal rate cuts. BOJ governor Ueda is…