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  • Fed officials involved in stock trading to retire Sep 28, 2021 02:33 PM IST

    Fed officials involved in stock trading to retire

    Dallas Fed bank Robert Kaplan said he will leave his post on October 8, while Eric Rosengren, who leads the Boston Fed, moved his already-scheduled retirement up by several months to September 30.

  • Wall Street ends higher as Fed signals bond-buying taper soon Sep 23, 2021 07:37 AM IST

    Wall Street ends higher as Fed signals bond-buying taper soon

    The S&P 500 registered its biggest daily percentage gain since July 23. While trading was choppy following the Fed's latest policy statement and comments by Fed Chair Jerome Powell, stocks finished close to where they were before the central bank news.

  • Fed policymakers see upward march in interest rates starting next year Sep 23, 2021 07:22 AM IST

    Fed policymakers see upward march in interest rates starting next year

    The swifter pace of interest rate hikes from policymakers’ last set of projections in June comes amid the fastest economic recovery in U.S. history after a brief recession last year and robust debate at the Fed about balancing its maximum employment and 2% average inflation goals.

  • Asian stocks tense for Fed tapering news Sep 20, 2021 07:14 AM IST

    Asian stocks tense for Fed tapering news

    Holidays in Japan, China and South Korea made for a thin start, and politics adds extra uncertainty with elections in Canada and Germany bookending the week.

  • Gold heads for first weekly loss in five on Fed taper jitters Sep 10, 2021 11:08 AM IST

    Gold heads for first weekly loss in five on Fed taper jitters

    Spot gold rose 0.1% to $1,796.77 per ounce by 0428 GMT as the dollar pulled back slightly. It was down 1.6% for the week.

  • Fed officials to sell stocks to avoid apparent conflict of interest Sep 10, 2021 09:04 AM IST

    Fed officials to sell stocks to avoid apparent conflict of interest

    The announcements come after the officials faced scrutiny over trades they made last year, according to their financial disclosure forms.

  • Fed's Jerome Powell in spotlight as markets await taper plans Aug 27, 2021 11:22 AM IST

    Fed's Jerome Powell in spotlight as markets await taper plans

    When Covid-19 transformed the world's largest economy last year, the Fed jumped into action to prevent a major recession, slashing interest rates to zero in March 2020 and buying huge amounts of Treasury debt and agency mortgage-backed securities to provide liquidity to the financial system.

  • Asian shares on edge as day of Fed chair speech arrives Aug 27, 2021 08:07 AM IST

    Asian shares on edge as day of Fed chair speech arrives

    Remarks from the Federal Reserve’s more hawkish policy makers and a deadly attack in Afghanistan also subdued sentiment and helped the dollar gain against a basket of its peers.

  • Dollar off 4-month high as cooling inflation eases pressure for Fed Aug 12, 2021 07:38 AM IST

    Dollar off 4-month high as cooling inflation eases pressure for Fed

    The dollar index, which measures the greenback against a basket of six rivals, was little changed at 92.890, following a 0.19% decline from Wednesday, when it rose as high as 93.195, a level not seen since April 1.

  • US stocks slip on Amazon disappointment, dollar bounces Jul 31, 2021 07:57 AM IST

    US stocks slip on Amazon disappointment, dollar bounces

    After making record profits during the pandemic, Amazon said late on July 29 that its sales growth would slow in the next few quarters as people ventured outside their homes post-pandemic and reduced online shopping.

  • Gold eyes biggest weekly gain in over 2 months on Fed signal Jul 30, 2021 09:08 AM IST

    Gold eyes biggest weekly gain in over 2 months on Fed signal

    Spot gold was steady at $1,827.28 per ounce by 0256 GMT, having hit its highest since July 15 at $1,832.40 on Thursday.

  • Gold climbs as Fed chief stays dovish, dollar softens Jul 29, 2021 09:49 AM IST

    Gold climbs as Fed chief stays dovish, dollar softens

    Spot gold rose 0.5% to $1,815.36 per ounce by 0322 GMT, having earlier hit a peak since July 20 at $1,817.35.

  • US dollar, stocks dip as Fed keeps taper timing close to chest Jul 29, 2021 07:37 AM IST

    US dollar, stocks dip as Fed keeps taper timing close to chest

    The Fed said after its latest policy meeting ended on Wednesday that the economy has been strengthening despite a rise in coronavirus infections, and that accelerating inflation remained the result of ”transitory factors.”

  • Fed now facing twin inflation, growth risks as virus jumps and supply chains falter Jul 27, 2021 09:11 AM IST

    Fed now facing twin inflation, growth risks as virus jumps and supply chains falter

    Fed officials are likely to affirm after their two-day meeting that a strong U.S. recovery and their planning for an eventual policy shift both remain underway. But the new risks, threatening the twin ills of slowed growth and higher prices, mean the rosy future seen in June seems less assured.

  • Gold hovers near 1-week low as risk appetite returns; ECB meet in focus Jul 22, 2021 09:28 AM IST

    Gold hovers near 1-week low as risk appetite returns; ECB meet in focus

    Spot gold was down 0.3% at $1,798.27 per ounce, as of 0313 GMT, after hitting its lowest since July 12 at $1,793.59 in the previous session.

  • Fed's Neel Kashkari says many US sectors struggling to adjust to reopening Jul 19, 2021 08:26 AM IST

    Fed's Neel Kashkari says many US sectors struggling to adjust to reopening

    “Basically, what’s happening is the U.S. economy went through a very abrupt shutdown a year ago,” Kashkari told NPR in an interview published on Saturday

  • Fed to shutter pandemic support asset purchases by end-2022 Jul 16, 2021 08:54 AM IST

    Fed to shutter pandemic support asset purchases by end-2022

    The July 12-15 poll of over 100 economists showed the US economy would grow at a healthy pace and also that elevated inflation would prevail longer than previously expected.

  • Dollar near three-month high after Fed minutes reaffirm taper timeline Jul 08, 2021 08:54 AM IST

    Dollar near three-month high after Fed minutes reaffirm taper timeline

    The dollar index, which measures the greenback against six rivals, held its ground at 92.702, little changed from Wednesday, when it touched 92.844 for the first time since April 5.

  • Fed discussed design for possible standing repo facility, minutes show Jul 08, 2021 08:25 AM IST

    Fed discussed design for possible standing repo facility, minutes show

    Several participants said the facility must be positioned as a "backstop" for markets, while some said it was important not to charge a rate so high that the program would be stigmatized.

  • Fed keen to be 'well positioned' to act on inflation, other risks, minutes show Jul 08, 2021 08:08 AM IST

    Fed keen to be 'well positioned' to act on inflation, other risks, minutes show

    In minutes that reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment, "various participants" at the June 15-16 meeting felt conditions for reducing the central bank's asset purchases would be "met somewhat earlier than they had anticipated."

  • Gold prices firm on weaker bond yields, Fed minutes loom Jul 07, 2021 11:27 AM IST

    Gold prices firm on weaker bond yields, Fed minutes loom

    Spot gold was up 0.1% at $1,797.84 per ounce, as of 0500 GMT, after hitting its highest since June 17 at $1,814.78 on Tuesday.

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