Showing results for "#interest rates"
FOREX - Dollar steady, yen frail Fed Comments dash rate cut wagers
The dollar was steady on Wednesday, keeping the yen rooted near 34year lows after comments from Federal Reserve officials, including Chair Jerome...
Goyal confident of rate cut by Reserve Bank in coming months
The RBI has been maintaining the benchmark interest rate at an elevated level of 6.5 per cent since February 2023.
Gold rises Rs 180; silver rallies Rs 900
Spot gold prices (24 carats) in the Delhi markets are trading at Rs 62,450 per 10 grams, up by Rs 180, taking a positive trend from overseas markets
China's tumbling prices push some exporters to the brink
Prolonged factory deflation is threatening the survival of smaller Chinese exporters who are locked in relentless price wars for shrinking business as...
Nomura expects Fed to cut interest rates by 100 bps in 2024
"We expect Friday’s PCE (personal consumption expenditures) report to show the 3m and 6m annualized pace of core PCE running below the Fed’s 2.0%...
Precarious perch: The global economy is not out of the woods
As geopolitical tensions spike and interest rates remain elevated, 2024 is poised to be yet another tumultuous year for the world economy.
EV maker Rivian's quarterly deliveries miss expectations, shares tank
The company handed over 13,972 vehicles in the last three months of 2023, 10% lower than the previous quarter, and below estimates of 14,430, per 13...
Fed is set to leave interest rates unchanged
But the Fed's two-day meeting that ends Wednesday will mark the third straight time that its officials have kept their key rate unchanged, lending...