Showing results for "#FOMC"
Rupee rises 23 paise to 84.54 against US dollar in early trade
Forex traders said sustained foreign fund inflows and overall dollar weakness supported the local unit but geopolitical tensions continue to dent...
Goldman Sachs no longer expects US interest rate cut in May
23 Feb 2024 5:19 AMThe Fed on Wednesday kept its benchmark interest rate unchanged in the 5.25% - 5.5% range and its projections showed that it now expected to cut only...
US economy shows robust 3Q growth despite challenges: JP Morgan report
31 Oct 2023 3:39 AMThe recent momentum is impressive, it's unlikely that the pace of third-quarter GDP growth can be maintained in the coming months and quarters.
Dollar firms, yen steady after Japan inflation holds above BOJ target
21 July 2023 3:34 AMThe data bolsters the chances the BOJ will revise up this year's inflation forecast in fresh projections due next week.
Aussie jumps on RBA hike, U.S. dollar edges higher
6 Jun 2023 2:30 PMThe U.S. dollar edged back towards last week's 2-1/2-month highs versus major peers, after dropping on Monday following unexpectedly soft U.S....
Investors expecting full Fed pivot may be putting cart before horse
3 Dec 2022 4:46 PMPowell's admission that "the path ahead for inflation remains highly uncertain" means that rate hikes could be here for a while.
Gold falls Rs 80, silver declines Rs 180 on weak demand
30 Jan 2023 10:54 AMGold prices fell by Rs 80 to Rs 56,880 per 10 grams in the national capital on Monday due to weak local demand