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MINNEAPOLIS FEDERAL RESERVE
US Market: Fed's Kashkari says US inflation still too high despite rate hikeMinneapolis Fed President Neel Kashkari said US inflation remains too high and is broad-based, extending beyond recent energy price increas...
Gold prices fall Rs 1,331/10 gram, silver dips Rs 1,600/kg as Mideast tensions outweigh oil fall: Key levels to trackGold and silver prices snapped a two-day rally on Monday, dropping on the MCX amid escalating US-Iran geopolitical tensions and central ban...
US Market: Fed rate hike looms as hotter inflation clouds policy outlookThe US Federal Reserve is widely expected to raise interest rates by 25 basis points on Wednesday, taking the benchmark rate to 3.75%-4.00%...
US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concernsU.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, whi...
Four regional Fed banks backed rate hike ahead of July decision, minutes showFour regional Federal Reserve banks backed a 25-basis-point increase in the discount rate ahead of the July policy meeting, minutes showed....
US Stocks: Nasdaq ends down as expectations of Hormuz deal fadeThe Nasdaq closed lower as investors worried about the Strait of Hormuz. U.S. crude oil prices jumped significantly amid the ongoing Middle...
Global Market Today: Asian stocks drop as AI rally pauses, oil dipsAsian markets experienced a dip on Thursday as Wall Street's recent tech surge showed signs of slowing down. Crude oil prices also fell sli...
US stocks: Dow closes at record on Mideast optimism; SpaceX, AMD drag NasdaqThe Dow Jones Industrial Average achieved an all-time high on Wednesday, driven by rising optimism over potential peace talks with Iran. Me...
Why US markets are rising: S&P 500, Dow hit record highs as Mideast hopes offset SpaceX, AMD dragMajor Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines in SpaceX and AMD shares. These c...
Two Fed dissenters say higher interest rates needed to combat inflationTwo Federal Reserve officials dissented, favoring an immediate interest rate hike this week. Cleveland Fed President Beth Hammack stated in...
US Stock Market: Warsh faces early Fed dissent as three policymakers push for rate hikeNew Federal Reserve chair Kevin Warsh faces significant early policy disagreements. Three members opposed the central bank's decision to ke...
Trump stands by Warsh despite Fed's rate holdThe Federal Reserve maintained its benchmark interest rate, resisting President Donald Trump's calls for a reduction. Three officials disse...
Kevin Warsh’s inflation message misfires, fuels bets on Fed rate hikeFederal Reserve Chairman Kevin Warsh's communication style has raised investor concerns about inflation. Analysts now anticipate a December...
Fed keeps interest rates unchanged, citing ongoing inflation concernsFederal Reserve officials decided to keep interest rates unchanged this week. A fractured vote indicated some policymakers favored a rate i...
US Stock Market: Fed Beige Book signals improving economy as inflation eases, but fuel costs and tariffs remain risksThe US economy shows moderate expansion with improving employment figures. Inflation is easing across Federal Reserve districts, though fue...
US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earningsU.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. N...
Rupee ticks higher, aided by slip in US bond yieldsThe dollar index was steady near 104.1 after falling nearly 0.3% on Tuesday. The 10-year U.S. Treasury yield also slipped 8 basis points (b...
Fed's Kashkari: 'Reasonable' to taper late this year or early next"It is a question of when, not a question of if" the Fed will slow its bond-buying, currently at $120 billion each month, Kashkari said at ...
Dollar steady after US inflation data misses estimatesThe personal consumption expenditures (PCE) price index, excluding the volatile food and energy components, increased 0.5%, below economist...
Federal Reserve is failing to deliver on 2% inflation vow: Narayana KocherlakotaFed should be careful about reducing its monetary "footprint," especially with inflation running so far below the Fed's 2% goal, a top offi...