Federal Reserve News - Latest Updates & Headlines
US Inflation slows to 2.8 pc in February, lowest since November 2024
New Delhi, March 12: The much-awaited inflation data of United States (US) signals cooling in headline Consumer Price Index (CPI) standing at 2.8 per cent year-on-year from 3 per cent in January, as per the official data released by US Bureau of Labor Statistics.
GDP Growth of US economy to slow down gradually to 1.6% by 2027 from 2.8% now: S&P Global
Washington, DC, March 12: The GDP growth of the US economy is expected to slow down gradually over the next three years, according to a report by S&P Global Market Intelligence.
Stock market ends in red, second week in a row; Sensex falls 424 points, nifty down 149 points
Mumbai, February 21: The Indian stock market ended the week on a weak note, with the Sensex declining 424.90 points to close at 75,311.06, while the Nifty fell 149.95 points, settling at 117.25.
Despite growth in economic activities Fed minutes signals rate cut on hold
New Delhi, February 20: The Federal Open Market Committee (FOMC) remains focused on its dual mandate of maximum employment and stable inflation at 2 per cent, according to the minutes of the latest meeting.
Bank customers rush to buy gold amid woes over rates, Trump policies
Seoul, Feb 12: Bank customers are rushing to buy gold on dashed hopes for early rate cuts by the Federal Reserve (Fed) and woes over the policies of US President Donald Trump's administration, industry data showed on Wednesday.
United States: Biden-appointed CFPB Director Rohit Chopra fired, cutting short five-year term
Washington DC, February 1: United States' Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra was fired on Saturday, cutting short his five-year term that was set to run through late 2026, The New York Times reported.
Former Federal Reserve Senior Adviser arrested, for leaking US trade secrets to China: Justice Department
Washington, DC, February 1: John Harold Rogers, 63, of Vienna, Virginia, a former Senior Adviser for the Federal Reserve Board of Governors (FRB), was arrested on Friday on charges that he conspired to steal Federal Reserve trade secrets for the benefit of China, said US Department of Justice.
Gold reaches all-time high of USD 2,859/oz, surging 40% in a year
New Delhi, January 31: Gold prices soared to a new all-time high of USD 2,859 per ounce (28.34 gm), marking a sharp increase of 37 per cent over the past year.
BOK warns of growing US stock market volatility, policy uncertainty
Seoul, Jan 31: The South Korean central bank said on Friday that volatility has grown in the U.S. stock market led by IT shares, calling for close monitoring of its potential impact on the local market.
US Fed pauses rate cut as RBI likely to go for steps to spur growth
New Delhi, Jan 30: As the US Federal Reserve paused the rate cut cycle, the Reserve Bank of India (RBI) has started with liquidity easing and the rationale for 25bps rate cut in February is compelling, industry watchers said on Thursday.
Federal Reserve keeps interest rates unchanged in unanimous decision
New Delhi, January 30: The US Federal Reserve has decided to maintain its key interest rate unchanged, holding the target range for the federal funds rate at 4.25 per cent to 4.5 per cent.
Indian stock market opens flat as US Fed pauses rate cut cycle
Mumbai, Jan 30: The domestic benchmark indices opened flat on Thursday as the US Federal Reserve meeting voted unanimously to pause the rate cut cycle, which started last September and has delivered 100 bps of cut to date.
FOMC to keep rates unchanged, June and December 2025 may see a 25bps cut each: Report
New Delhi, January 29: The Federal Open Market Committee (FOMC) of the US Federal Reserve is expected to keep interest rates unchanged in its policy announcement on Wednesday night (IST), according to a report by ICICI Bank.
Trump 2.0 threatens tariffs by no action yet, markets see it as gradualist approach: UBI Report
New Delhi, January 29: US President Donald Trump's approach in the second term on tariff announcements has been perceived by markets as a more gradualist approach compared to his earlier aggressive campaign rhetoric, as per a report by Union Bank of India.
Key reasons why Indian stock market is falling
Mumbai, Jan 27: The Indian stock market witnessed a sharp fall on Monday as the benchmark indices faced heavy selling pressure amid weak global cues, uncertainty over US trade policies and sustained foreign fund outflows.
Indian markets gear up for eventful week: Macro data, Budget, earnings, and Fed decision in focus
Mumbai, January 26: Indian markets are bracing for a pivotal week ahead, with key events like the Union Budget, macroeconomic data, Q3 earnings, and the US Fed policy decision set to influence market sentiment.
Indian stock market opens higher amid positive global cues
Mumbai, Jan 16: The Indian stock market opened higher on Thursday amid positive global cues, including hope of an end to the conflict in Gaza, as buying was seen in the PSU bank and financial service sectors.
RBI likely to follow the path of shallow rate cut in Feb MPC meeting: Report
New Delhi, January 10: The Reserve Bank of India (RBI) may opt for shallow rate cuts in its upcoming Monetary Policy Committee (MPC) meeting in February 2025, says a report by Sharekhan, a capital markets company. This comes amidst a cautious global economic environment.
Volatility continues, Indian stock market opens lower amid mixed global cues
Mumbai, January 9: Indian stock markets opened on a lower note on Thursday amid mixed global cues. On the opening, the BSE Sensex was down 214.33 points or 0.27 per cent at 77,934.16, and the Nifty was down 55.25 points or 0.23 per cent, opening at 23,633.70.