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Rupee rises 11 paise to 83.84 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 83.88 against the greenback, then gained…
PTI
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
RBI leaves repo rate unchanged. What does this mean for you?
This is a good time to invest in high-yield fixed deposits and other debt instruments. That's becau…
RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…
US interest rate cut in June seems off the table: Moody's
Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely …
ANI
Stock market today: Stocks climb after inflation drops to 3-year low, solidifying Fed bets
Investors are pricing in with certainty that a rate cut is coming in September, per the CME FedWatc…
Jennifer Sor
The Fed has redeemed itself after an 'egregious' post-COVID inflation error, former Treasury Secretary Larry Summers says
"They moved strongly enough and vigorously enough to keep expectations anchored," the former Treasu…
Filip De Mott
Stock market today: Dow jumps 484 points as US stocks rebound ahead of key inflation report
The August CPI report set to be released on Wednesday could influence whether the Fed cuts rates by…
Matthew Fox
RBI may shift monetary stance to 'Neutral', rate cuts likely by December 2024: Nuvama
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from the current 'withd…
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
Stock market today: Indexes rebound as inflation data reinforces Fed rate-cut bets
June's PCE inflation data came in line with expectations, and showed inflation modetaing at a 2.6% …
Filip De Mott
Fed rate cuts are coming too late to fend off a US recession, research firm says
Even if the Fed cuts in September, history shows that recessions can still occur during easing cycl…
Filip De Mott
Stock market today: US stocks close at record highs after encouraging May inflation and Fed commentary
The S&P 500 closed above 5,400 for the first time as traders took in upbeat inflation data and mess…
Jennifer Sor
5 reasons why inflation will be stickier than expected going forward, Deutsche Bank says
The firm says geopolitical turmoil has pushed commodity prices higher, and global interest-rate cut…
Filip De Mott
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
Stock market today: Indexes decline after inflation comes in hotter than expected
Indexes slipped Thursday as investors took in hotter-than-expected inflation data on the heels of l…
Kelly Cloonan
Stock market today: US stocks edge higher as investors assess path of Fed rate cuts
"Fed Funds Futures are discounting a steady diet of rate cuts over the next 12 – 16 months," DataTr…
Matthew Fox
Fed rate cuts are arriving too late and layoffs show the US economy is already in a recession, bond king Jeff Gundlach says
Layoff announcements climbed 193% over the last month, according to a report from the consultancy C…
Jennifer Sor
Markets rebound in early trade on rally in global peers, foreign fund inflows
The 30-share BSE Sensex jumped 428.83 points to 81,951.99 in early trade. The NSE Nifty climbed 154…