In a post on his Truth Social platform, Trump said, "I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM." "I have known Kevin for a long period of time, and have no doubt that he will go down as one of the G
The US Federal Reserve, in its latest policy meeting held on January 27-28, decided to keep its key benchmark interest rates unchanged at 3.5 to 3.75 per cent, citing low job gains, signs of stabilisation in the labour market, and inflation that remains somewhat elevated.
Analysts at ICICI Direct expect further US Federal Reserve rate cuts in 2026, and persistent concerns over rising global debt, and questions around long-term Fed independence are likely to keep gold attractive as a hedge against macroeconomic uncertainty. "Concerns over Fed independence will
Geopolitical developments could also influence prices in the coming months. "Russia and Ukraine are serious about settling down. There are peace talks happening," he said. He also referred to trade discussions, noting, "Between India and the US, tariff talks are going on. If these two subjec
The US Federal Reserve's latest 25-basis-point rate cut has set the stage for a complex global monetary backdrop, but its implications for India are expected to be relatively stable, according to analysis from YES Bank's Economics Research team.
The domestic stock markets opened on a flat note on Thursday, even as global cues turned supportive following the US Federal Reserve's rate cut and its dovish policy tone.
The US Federal Reserve reduced the federal funds rate by 25 basis points (0.25 percentage point), citing rising downside risks to employment and a moderate pace of economic expansion.
The US Federal Reserve cut its key interest rate to 3.5-3.75 per cent, its lowest level in over three years, CBS News reported. Officials signalled only one rate cut next year amid slowing job growth and persistent inflation, while divisions emerged within the committee over the latest de
Indian stock markets declined for the third consecutive session on Wednesday, as investors remained cautious ahead of the US Federal Reserve's 2026 policy guidance, with ongoing foreign fund outflows further dampening sentiment.
US President Donald Trump defended his economic policies, claiming inflation is back to "normal" and will fall further. He blamed Joe Biden for earlier price rises and praised McDonald's for cheaper meals, while inflation remains above the US Federal Reserve's 2 per cent target, according to
Indian stock markets opened on a positive note on Wednesday, supported by easing geopolitical tensions and optimism around a possible US Federal Reserve rate cut.