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5 mins read

The fight over Jerome Powell puts Elon Musk at odds with Wall Street

The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Feder…

Alice Tecotzky   


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2 mins read

US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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2 mins read

What can you expect from the US Fed meeting later this week? Here's all you need to know

The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…

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2 mins read

Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …

Kelly Cloonan   


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2 mins read

Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks

Traders see another rate in December as likely after consumer and wholesale inflation this week wer…

Kelly Cloonan   


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3 mins read

Sensex, Nifty edge up in volatile trade ahead of US Fed chief speech

In early trade, the benchmark declined 169.93 points or 0.20 per cent to a low of 80,883.26. La…

PTI   


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2 mins read

Here's how Jerome Powell could surprise markets with his Jackson Hole speech

"A possible hawkish surprise might be highlighting instead that broad financial conditions are stil…

Matthew Fox   


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2 mins read

Stock market today: US stocks rise ahead of Jerome Powell's speech at Jackson Hole

The past three Jackson Hole speeches have been followed by an average one-month decline of 4% in th…

Matthew Fox   


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2 mins read

Stock market today: Nifty opens above 25k, metal inches up over 1% in early trade on August 1st, 2024

Maruti, Coal India, Hindalco, JSW Steel and Power Grid Corporation of India were amongst the early …

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2 mins read

Fed trims interest rates by 50 basis points, gold prices touch record-high

Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…

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2 mins read

Fed meeting starts today, rate cut on the cards. Here’s what experts are saying

The US Federal Reserve's meeting, starting today, is expected to announce changes in interest rates…

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2 mins read

Markets globally await Fed chair Jerome Powell's Jackson Hole Symposium address later today

The central bankers and markets around the globe will be eying the speech given by Federal Reserve …

ANI   


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2 mins read

Stock market today: US indexes edge higher to records as Powell talks up strength of the economy

"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend…

Matthew Fox   


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2 mins read

Why Jerome Powell may regret his 'rifle shot' Jackson Hole speech, according to economist Adam Posen

Fed Chair Jerome Powell's Jackson Hole speech was too focused on the labor market, and didn't illum…

Kelly Cloonan   


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2 mins read

Stock market today: Stocks end lower as markets brace for Powell's Jackson Hole speech

Indexes fell Thursday as investors wait for comments on rate cuts and the economy from Jerome Powel…

Kelly Cloonan   


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2 mins read

Indian benchmark indices open lower tracking global trends

At the opening, Sensex dropped by 296.27 points, or 0.39 per cent, to 73,608.94, while Nifty declin…

ANI   


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1 min read

Elizabeth Warren says Jerome Powell needs to come back from vacation and cut interest rates now

Sen. Elizabeth Warren criticized Federal Reserve Chair Jerome Powell for delaying interest-rate cut…

Lloyd Lee   


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2 mins read

Stock market today: Dow rises 462 points as stocks rally after Powell says rate cuts are coming

"The Powell pivot is here, as the Fed has now firmly turned dovish," Carson Group strategist Ryan D…

Matthew Fox   


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2 mins read

Powell's rate-cut signal hits the US dollar — but strong stock markets could limit the blow, says Goldman Sachs

Strong US stock market performance could limit the dollar's downside — even if the Fed is easing, a…

Huileng Tan   


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India stock indices extend losses from past week

Indian stock market indices extended their losses from the previous week, though marginally, tracki…

ANI