Federal Reserve: News
24 Dec 2024
JP MorganWhy JPMorgan and Citigroup are suing US Federal Reserve
Several leading US banks and business associations have sued the US Federal Reserve, contesting the existing annual bank stress test processes.
16 Dec 2024
Goldman SachsUS Federal Reserve may skip cutting interest rates in January
Goldman Sachs economists have predicted that the US Federal Reserve will signal a slowdown in its easing pace at the next meeting.
12 Dec 2024
BitcoinBitcoin surpasses $101,000: Is this start of a new rally?
Bitcoin, the world's largest cryptocurrency by market capitalization, has crossed the $100,000 mark once again. On December 12, it hit a value of $101,373.
25 Nov 2024
BusinessGold prices dip after 3-week high: Should you buy?
Gold prices fell on Monday, November 25, after hitting a three-week high earlier in the day.
12 Nov 2024
BitcoinBitcoin on a record-breaking rally, now nearing $90,000 mark
Bitcoin, the world's largest cryptocurrency, is on a record-breaking rally, closing in on $90,000.
08 Nov 2024
Donald TrumpUS Fed reduces rates as Trump's victory brings policy uncertainties
The US Federal Reserve has announced a 25 basis points reduction in interest rates, the second such cut in 2024.
28 Oct 2024
DiwaliGold rush: Investments doubled in just 5 years
A study by Motilal Oswal Financial Services Ltd (MOFSL) has revealed that gold investments made during Diwali in 2019, have yielded returns exceeding 103% as of today.
24 Oct 2024
BusinessSilver prices may surge to ₹1.2 lakh by Diwali: Analysts
Silver prices in India crossed the ₹1 lakh mark this week, hitting a major milestone.
21 Oct 2024
Indian Rupee (INR)Indian Rupee hits record low against Dollar: What's fueling downturn?
The Indian Rupee (INR) hit a historic low in its closing value today, ending at 84.0725 against the US Dollar (USD).
18 Oct 2024
US ElectionsGold prices skyrocket to record high: What's fueling the surge
Gold prices have skyrocketed to an all-time high, crossing $2,700 per ounce for the first time on Friday.
07 Oct 2024
Goldman SachsIs US out of recession risk? Goldman Sachs weighs in
Goldman Sachs has cut the probability of the United States entering a recession in the next year from 20% to 15%.
24 Sep 2024
IndiaGold prices reach record high, could soon hit ₹78,000/10g
Gold prices have reached an all-time high, with the spot price of gold hitting $2,638.37 (₹2.2 lakh) per ounce (28.3g) during today's session.
19 Sep 2024
EmploymentHow Fed's first rate cut in years affects global economy
The US Federal Reserve has declared a significant reduction in its principal lending rate, marking the first such move since the COVID-19 pandemic.
19 Sep 2024
BitcoinBitcoin surges 2.5% as US Federal Reserve slashes interest rates
Bitcoin's value has experienced a significant increase following the US Federal Reserve's decision to cut borrowing rates.
15 Sep 2024
United States of AmericaUS Federal Reserve may announce a rate cut this Wednesday
The US Federal Reserve is preparing to announce its first interest rate reduction in over four years, this Wednesday.
11 Sep 2024
Consumer Price Index (CPI)US inflation hits 3-year low as Fed prepares rate cuts
Inflation in the US experienced a significant decrease last month, reaching its lowest point since February 2021.
09 Sep 2024
BusinessIs US heading toward a recession? Know what Barclays thinks
Pooja Sriram, a leading US economist at Barclays, has expressed confidence in the resilience of the American economy.
06 Sep 2024
InflationToday's US jobs report could make or break global markets
The release of the August jobs report later today is poised to significantly impact the US economy.
04 Sep 2024
JapanJapanese stocks tumble amid tech sell-off and US recession features
Japanese stocks have experienced their most significant drop since entering a bear market a month ago.
02 Sep 2024
InflationWhat changes for you when central banks cut interest rates
Central banks worldwide are preparing for a significant shift in fiscal policy, with plans to reduce interest rates this fall.
30 Jul 2024
US Treasury DepartmentUS national debt surpasses $35 trillion for the first time
The United States's gross national debt has surpassed $35 trillion for the first time in history, according to data released by the US Treasury Department.
29 Jul 2024
BitcoinBitcoin hits 6-week high of $69,500 after Trump's pro-crypto speech
Bitcoin, the world's largest digital asset, soared to a six-week high on Monday. This surge followed a pro-crypto speech by Republican presidential nominee Donald Trump over the weekend.
26 Jul 2024
BitcoinWant to join Trump's Bitcoin roundtable? It'll cost you $800,000
The Bitcoin conference, known for its steep ticket prices, has commenced in Nashville, Tennessee.
17 Jul 2024
ChinaGold prices hit all-time high: What investors need to know
Gold prices soared to an unprecedented high on Wednesday, with spot gold rising 0.2% to $2,473.87 per ounce and peaking at a record $2,482.29.
04 Jul 2024
HDFC BankSensex reaches fresh record high, opens above 80,300
The S&P BSE 30 share benchmark index, also known as the Sensex, opened at an unprecedented high of over 80,300 on Thursday morning.
20 May 2024
IndiaGold price hits record high amid global economic uncertainty
Gold prices have soared to an unprecedented high, reaching $2,450.49/ounce in a recent trading session, marking an 18.65% increase this year alone.
17 May 2024
NASDAQDow Jones soars past 40,000 for the first time ever
The Dow Jones Industrial Average achieved a historic milestone on Thursday as it crossed the 40,000 level for the first time.
16 Apr 2024
Indian EconomyMorgan Stanley forecasts no rate cuts for India in 2024-25
Morgan Stanley's team of analysts predicts that India is unlikely to lower its interest rates in the fiscal year 2024-25.
01 Apr 2024
IndiaGold prices hit a fresh all-time high of ₹69,487
Gold prices in India reached an all-time high of ₹69,487 per 10 grams on Monday, marking a significant increase of nearly ₹1,800 in initial trade.
14 Feb 2024
Stock MarketWhy Nifty and Sensex are trading in red today
Indian stocks faced a substantial drop today, influenced by the downturn in US markets last night.
14 Dec 2023
NiftyWhy Indian IT stocks are surging after US Fed meeting
The Nifty IT index soared to an all-time high on Thursday, thanks to positive takeaways from the US Federal Reserve's meeting.
14 Dec 2023
SensexSensex, Nifty50 hit all-time high as Fed hints rate cuts
In a surprising move, the US Federal Reserve decided to keep benchmark rates steady while hinting at potential rate cuts in 2024.
13 Dec 2023
Indian Rupee (INR)INR closes at all-time low of 83.41 against US dollar
The Indian rupee (INR) saw a slight dip of four paise, reaching an all-time closing low of 83.41 (provisional) against the US dollar on Wednesday.
04 Dec 2023
BusinessGold prices reach record high amid hopes of rate cuts
Gold hit a record high of $2,111.39 per ounce on Monday after the US Federal Reserve Chair Jerome Powell's optimistic remarks raised expectations of an early interest rate cut next year.
29 Nov 2023
Personal FinanceGlobal bonds near their best month since 2008 financial crisis
In November, sovereign and corporate debt worldwide shot up by 4.9%, per a Bloomberg analysis. That is the biggest monthly gain since December 2008.
07 Nov 2023
Saudi ArabiaOil prices fall below $80 amid US Fed rate concerns
For the first time in over two months, oil prices have dipped under $80 a barrel.
02 Nov 2023
SensexNifty50, Sensex gain 1% as US Fed pauses rate hikes
The domestic market opened higher on Thursday as the US Federal Reserve decided to hit a pause again on rate hikes.
31 Oct 2023
United States of AmericaUS Fed meeting begins today: Here's what to expect
The United States Federal Reserve will make its decision on whether to maintain or adjust interest rates during its upcoming meeting scheduled from October 31 to November 1.
21 Jul 2023
United States of AmericaUS may fall into recession in Q3 this year
Over the past few days, we have heard about how the probability of a recession in the US is falling. However, an index designed to understand where an economy is heading in the near term suggests otherwise.
23 Mar 2023
InflationUS hikes rates for 9th consecutive time: Fight or flight
The ongoing banking crisis has failed to influence the US Federal Reserve. In an unsurprising move, the Fed hiked interest rates by 25 basis points in an aggressive push to tame high inflation.
31 Dec 2022
Indian Rupee (INR)Indian rupee ends 2022 as Asia's worst-performing currency
The Indian rupee has had a lackluster 2022. It ended 2022 as Asia's worst-performing currency.
01 Jul 2022
US Dollars#NewsBytesExplainer: What is causing Indian rupee's fall against US dollar
This week saw the Indian rupee hit an all-time low against the US dollar as it moved past the 79 rupees to a dollar mark.
10 May 2022
InflationHow Tiger Global lost $17 billion in tech investments
New York-based Tiger Global, one of the world's biggest hedge funds, has been hit by losses of around $17 billion this year caused by the large-scale sell-off of technology stocks since last week.
25 Feb 2022
New York CityUS fines National Bank of Pakistan for anti-money laundering violations
The United States federal regulators imposed fines worth $55 million on the National Bank of Pakistan (NBP) for non-compliance and anti-money laundering violations.
22 Jun 2018
Donald Trump35 US-banks would survive global economic recession: US Federal Reserve
The US's 35 largest banks are "strongly capitalized" and would survive a severe global economic recession, the Federal Reserve announced.
02 Jun 2018
United States of AmericaGold prices fall by Rs. 300 on weak global-cues, low-demand
Gold prices dived by Rs. 300 to Rs. 31,600 per ten grams, extending their slide for the third straight day at the bullion market today, tracking a weak trend overseas amid fall in demand from local jewelers.
13 Dec 2017
IndiaGold prices steady after four-month low
After falling continuously since a week, gold prices hit a four-month low yesterday, after a dip of Rs. 180 in the Delhi bullion market.
01 Nov 2017
Donald TrumpEx-RBI governor Raghuram Rajan to next head US Federal Reserve?
Former governor of the Reserve Bank of India, Raghuram Rajan, makes for an ideal candidate to head the US Federal Reserve, says international financial magazine Barron's.
15 Jul 2017
United States of AmericaIs the US drug crisis linked to 'jobs market'?
Amid US's major opioid crisis, Federal Reserve Chief, Janet Yellen suggested that the crisis may be linked to a decline in the number of working Americans or those looking for work.
13 Jul 2017
SensexSensex closes above the 32,000 for the first time ever
Riding high on the dovish comments of US Fed Chair Janet Yellen before the US Congress and a fall in retail inflation in June, benchmark equity indices reached record high levels today as the market opened.
15 Jun 2017
United States of AmericaUS Federal Reserve hikes interest rate, plans balance sheet reduction
The Federal Reserve has hiked its benchmark lending rate by a quarter percentage point to 1.25% from its erstwhile 1%, showing its conviction in the US economy's growth and the job market performance and said that there is a chance of another hike later this year.
16 Mar 2017
United States of AmericaUS Federal Reserve hikes benchmark interest by 0.25%
The US Federal Reserve raised its benchmark interest rate for the second time in three months by 0.25% to a range of 0.75-1%.
