Search For "federal reserve"
Banks should be careful of risks emanating from crypto, warn US regulators
Updated : 3 years, 2 months ago IST
The dramatic collapse of the trading platform FTX in 2022 seemed to have added worries among the regulators. Cryptocurrency involves risks and volatility but the market has attracted traders and investors looking to make quick profits.
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Domestic markets dip in early trade, tracking global cues
Updated : 3 years, 2 months ago IST
S&P BSE Sensex lost 98.91 points to 61.700.12 while NSE Nifty50 declined 25.25 points to 18,393.65 in the early trade of Friday.
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US Federal Reserve raises interest rates by 50 basis points
Updated : 3 years, 3 months ago IST
The Federal Open Market Committee of the Federal Reserve said the new interest rates was approved unanimously. The central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years.
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What to expect from markets on Monday
Updated : 3 years, 3 months ago IST
The global markets are expecting an aggressive hike in policy rates by Federal Reserve next week. If the Fed hike its monetary policy rates, the global markets are bound to react to the policy change and eventually the country's markets, in a way, will be influenced by the hike. In another d
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Indian markets open on positive note, tracking global cues
Updated : 3 years, 3 months ago IST
In morning trade, Sensex added 9 points to 62,579.47 level while Nifty added 12 points to 18,621.15 level.
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Rupee fared relatively well versus other emerging market currencies, says
Updated : 3 years, 3 months ago IST
Indian Rupee has fared relatively well in 2022 in comparison to other emerging market peers, said Dhruv Sharma, a senior economist at World Bank.
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US Fed Chair says moderation in rate hike likely in next policy meet
Updated : 3 years, 3 months ago IST
The US central bank's aim has been to achieve maximum employment and inflation at the rate of 2 per cent over the long run.
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Indian stock indices extend gains for third straight session
Updated : 3 years, 3 months ago IST
At the time of writing this report, Sensex traded at 61,828.47 points, up 317.89 points or 0.52 per cent, whereas Nifty traded at 18,370.30 points, up 103.05 or 0.56 per cent.
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US Fed signals slowdown in policy rate hikes
Updated : 3 years, 3 months ago IST
For the record, the US Federal Reserve on November 3 raised key interest rates in its fight against red-hot inflation in the country. It raised the key policy rate by 75 basis points to over a decade high at 3.75-4.0 per cent. Notably, this was the fourth consecutive hike of such magnitude.
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US Fed governor says "more comfortable" stepping down size of rate hike
Updated : 3 years, 3 months ago IST
Speaking at the 59th Annual Economic Forecast Luncheon, Phoenix, Arizona on Wednesday, Governor Waller said the data of the past few weeks have made him more comfortable considering stepping down to a 50-basis-point hike in the upcoming policy meet.
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Sensex ends at lifetime high, closes at 61,873
Updated : 3 years, 4 months ago IST
The indices surged on Tuesday taking cues from the rally of global stocks on hopes that the US Federal Reserve would ease its aggressive policy stance. The ease in domestic inflation also helped the market sentiments.
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Rupee depreciates 48 p to close at 81.26 versus dollar
Updated : 3 years, 4 months ago IST
Forex traders said the sharp fall in the rupee after a promising start on Monday was due to a large part of India Inc purchasing dollars. Dollar demand from corporates increased, with cautionary words on US inflation from a Federal Reserve official keeping the greenback firm.
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