Tag: monetary policy

Dow set to add modestly to record climb after weekly jobless claims hits 4-month low

Stock-index futures traded higher Thursday, signaling further gains for the Dow Jones Industrial Average a day after the blue-chip gauge closed at an all-time high....

Eurozone banks are showing life after 15 rough years. Will the ECB snuff out the rally?

It has been a pretty rough 15 years for the eurozone’s leading banks. The bad times have been ghastly — the 2008 financial crisis, the...

Mortgage rates soar above 3% — how high can they go before they scare off homebuyers?

Interest rates are rising quickly, and that has some worried about the effect that movement will have on the U.S. real-estate market. But one analyst...

America’s $1.9 trillion rescue package could throw a spanner in RBI’s recovery plans

The government will soon give the Reserve Bank of India (RBI) its inflation target for five years beginning April 1. The RBI, which is an...

Fed officials echo Powell’s dovish message

Three Federal Reserve officials on Friday reinforced the dovish message that Fed Chairman Jerome Powell presented 24 hours earlier. Against a backdrop of rising longer-term...

Fed’s Daly says asset prices are elevated, but that should not drive interest-rate decisions

Asset prices are elevated more than they have been historically, but that is not something that should drive the Federal Reserve policy decisions, a top...

Digital payment helpline: Set up 24×7 helpline for digital payments by Sept, RBI tells operators

In another move to strengthen the digital payment services, the RBI Governor Shaktikanta Das has announced the setting up of a 24X7 helpline for digital...

‘We have not won this yet,’ Fed’s Powell says, signaling policy to remain ultra-easy

Federal Reserve Chairman Jerome Powell on Wednesday said the central bank hasn’t finished the job of restoring the economy to health, a dovish signal that...

Think higher inflation is coming? The Fed will believe it when it sees it

Federal Reserve officials will meet this week just as prospects for fiscal stimulus get a big boost after Democrats won control the Senate. Some on...

Here’s how a dispute over the Fed’s emergency powers almost sank the stimulus package

Over the past few days the Federal Reserve found itself where it didn’t want to be — in the political spotlight. Talks over a $900...

Shaktikanta Das: India wants a V-shaped recovery at any cost, the pressure now is on Shaktikanta Das

A collapse in imports during the coronavirus lockdown has left India awash with dollars. Now a further influx of greenbacks is expected as an embryonic...

Gold climbs to highest finish in a week on hope for further U.S. coronavirus relief

Gold futures climbed on Tuesday to finish at their highest in a week, rebounding from a two week low a day earlier, as prospects for...

Stock-market uncertainty runs high headed into Fed’s final meeting of 2020

Time is running out on 2020. It is a point that some Wall Street investors might find some comfort in ahead of a what could...

November inflation print may have finally peaked, says Barclays India in report

After three successive quarters of above-target inflation, there are signs that inflation may have finally peaked, Barclays India said in a report. Favourable base effects,...

View: India’s pre-pandemic woes cast a shadow on its swift economic rebound

In line with economists’ fascination with alphabets, we see a ‘double barrel V’-shaped (one V over the other) recovery for India. The ‘inner’ smaller V...

NBFC: New framework for NBFCs in the works

Mumbai: India’s central bank Friday proposed a scale-based regulatory framework for shadow lenders, underscoring their increasing importance in driving financial inclusion, as banking gets increasingly...

RBI likely to hold rates amid inflation: Things to watch out for

By Anirban Nag India’s central bank will likely keep interest rates unchanged for a third straight meeting as inflation stays stubbornly high and signs appear...

Mnuchin pulls plug on some coronavirus emergency lending programs over Fed’s objections

Secretary of the Treasury Steven Mnuchin, left, and Federal Reserve Board Chairman Jerome Powell. AFP/Getty Images Treasury Secretary Steven Mnuchin on Thursday that he won’t...

Bond traders talk up possibility of December Fed ‘twist’

karen bleier/Agence France-Presse/Getty Images Investors are preparing for the Federal Reserve to expand its purchases of longer-dated Treasury bonds. A few market participants have flagged...

Stocks and QE: The S&P 500 would be around 45% lower without Fed bond-buying, says Societe Generale

How much of the stock market’s gain since the financial crisis is due to the Federal Reserve’s extraordinary monetary policy actions, particularly quantitative easing, or...

Fed stands pat and repeats pledge to use all its tools to support economy

Federal Reserve Chairman Jerome Powell during a press briefing earlier this year. AFP/Getty Images The Federal Reserve on Thursday took no immediate action to help...

View: Biden or Trump, US economic policy is unlikely to suit the needs of the global economy

If there is one election that, arguably, affects the aam aadmi and holds almost as much interest for the chatterati as our own Lok Sabha...

Next week will be full of key U.S. economic insights and Fed decisions overshadowed by the elections

A stylist cuts a young client’s hair on a roof top parking lot in Los Angeles. Service providers have had to be creative during the...

Economy saw growth rebound through Q2FY21: Nomura

The economy saw growth rebound through the second quarter of the ongoing fiscal with gross domestic product (GDP) contraction likely to have narrowed to -10.4%...

Futures traders aren’t betting on any Fed rate hikes by mid-2022, no matter what the Treasury market suggests, DataTrek says

The New York Stock Exchange (NYSE) is pictured on August 31, 2020 at Wall Street in New York City. Angela Weiss/Getty Images Federal fund...