Showing results for "#Federal Reserve Chair Jerome Powell"
Fed sees three rate cuts in 2024 but a more shallow easing path
The Fed "has stuck to its view that the underlying inflation picture is improving, notwithstanding the disappointing numbers in the past two months,"...
European shares dragged by miners, real estate; rate hike worries...
The STOXX 600 index dropped 0.4%, after closing higher in the previous session
Stocks fall on Wall Street, giving back some recent gains
The Fed has been saying that it plans to hike interest rates a couple more times and then hold them at a high level at least through the end of the...
Dollar pulls back as Powell sticks to usual Fed playbook
The U.S. dollar struggled to recover its losses in Asia trade on Wednesday, after slipping in the previous session as Powell spoke.
Wall Street set for lower open ahead of Powell speech
"Markets are still trying to ascertain last Friday's employment data on the future direction of the Fed," Sam Stovall, chief investment strategist at...
Indian stocks fall on US Fed's rate hike move; Rupee depreciates
At 9.33 am, Sensex traded at 59,303.96 points, down 152.82 points or 0.26 per cent, whereas Nifty traded at 17,671.95 points, down 46.40 points or...
US Fed again raises key interest rates in fight against inflation
The US central bank seeks to achieve maximum employment and inflation at the rate of 2 per cent over the long run and it anticipates that the ongoing...
Bloodbath in Indian stocks; declined sharply
At 9.19 a.m., Sensex traded at 57,524.27per cent, down 1,309.60 points or 2.23 per cent, whereas Nifty traded at 17,181.90 points, down 377.00 points...