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Budget 2021

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Moneycontrol

Budget 2021

Associate Partners:

  • SMCSamsungVolvo
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110 Results Found
  • The year the Fed changed forever Dec 24, 2020 05:28 PM IST

    The year the Fed changed forever

    We crossed a lot of red lines that had not been crossed before, Powell said at an event in May

  • Fed: Vaccine rollout strengthens medium-term recovery Dec 17, 2020 08:42 AM IST

    Fed: Vaccine rollout strengthens medium-term recovery

    Although news flow about vaccine approval and distribution is positive, the continuing pandemic and the fragility in the economy make the next 4-6 months quite crucial

  • Federal Reserve’s emergency loan programmes at centre of political fight Nov 10, 2020 03:00 PM IST

    Federal Reserve’s emergency loan programmes at centre of political fight

    The dispute has the potential to roil financial markets, which have calmed significantly since the Fed announced in March and April that it would set up backstops

  • Full economic recovery unlikely until people are confident to resume normal activities: Fed Chairman Jerome Powell Nov 06, 2020 04:48 PM IST

    Full economic recovery unlikely until people are confident to resume normal activities: Fed Chairman Jerome Powell

    The US has so far recorded 9,606,645 coronavirus cases and 1,232,516 deaths due to the disease — both the figures highest in the world.

  • US elections: Political uncertainty puts onus on Federal Reserve to be on standby Nov 06, 2020 12:45 PM IST

    US elections: Political uncertainty puts onus on Federal Reserve to be on standby

    At this critical point, the Federal Reserve has a crucial role to play to meet liquidity needs

  • Anxious for a lifeline, the US economy is left to sink or swim Oct 08, 2020 03:06 PM IST

    Anxious for a lifeline, the US economy is left to sink or swim

    American households and businesses have gone two months without the enhanced unemployment benefits, low-interest loans and other programmes that helped prop up the economy in the spring

  • The Fed Chair’s message: ‘There is still a long way to go’ Oct 07, 2020 03:02 PM IST

    The Fed Chair’s message: ‘There is still a long way to go’

    While the unemployment rate in the US has fallen more rapidly than many economists expected, millions of Americans remain unemployed as the coronavirus pandemic keeps many industries operating below capacity

  • S&P, Nasdaq dip as Jerome Powell warns on economic recovery Oct 06, 2020 10:07 PM IST

    S&P, Nasdaq dip as Jerome Powell warns on economic recovery

    The domestic rebound could still slip into a downward spiral if the coronavirus is not effectively controlled and growth sustained, Powell said, in a call for more help to businesses and households.

  • Rise in coronavirus cases adds to economic uncertainty ahead of US election Sep 26, 2020 11:45 AM IST

    Rise in coronavirus cases adds to economic uncertainty ahead of US election

    Federal Reserve Chair Jerome Powell has said repeatedly, including several times this week alone, that the strength of the country's economic recovery depends on keeping the novel coronavirus under control -- critical to instilling confidence in Americans that it is safe to resume normal activity.

  • Federal Reserve adjusts inflation target, rate unchanged Sep 16, 2020 11:43 PM IST

    Federal Reserve adjusts inflation target, rate unchanged

    The Fed's benchmark interest rate influences borrowing costs for homebuyers, credit card users, and businesses.

  • What Modern Monetary Theory has to say about the US Fed’s change of strategy Sep 02, 2020 10:35 AM IST

    What Modern Monetary Theory has to say about the US Fed’s change of strategy

    Although the recent policy statement by Powell seems like a small victory for labour, MMTers have warned that the Fed is likely to revert to its old ways after the economic crisis unleashed by the pandemic abates

  • Fed Chair paves the way for a longer era of lower interest rates Aug 28, 2020 03:50 PM IST

    Fed Chair paves the way for a longer era of lower interest rates

    The central bank is facing major long run challenges as price gains prove tepid and as interest rates have slipped lower across advanced economies including the United States

  • The Fed’s evolution is coming to a computer screen near you Aug 27, 2020 03:02 PM IST

    The Fed’s evolution is coming to a computer screen near you

    It is unclear whether the adjustments Powell and his colleagues make will be enough to deal with the headwinds of the modern economy

  • Gold holds steady on softer dollar, investors eye Jerome Powell's speech Aug 27, 2020 09:15 AM IST

    Gold holds steady on softer dollar, investors eye Jerome Powell's speech

    Powell is set to speak at a virtual Jackson Hole symposium on Thursday, where he is expected to provide more insight on the U.S. central bank's strategy on inflation and monetary policy.

  • Gold ticks higher as dollar slips; focus turns to Jerome Powell's speech Aug 25, 2020 09:45 AM IST

    Gold ticks higher as dollar slips; focus turns to Jerome Powell's speech

    Spot gold was up 0.2% to $1,935.88 per ounce by 0335 GMT. U.S. gold futures gained 0.1% at $1,941.60.

  • Jerome Powell says US economy facing heightened uncertainty Jun 30, 2020 07:45 AM IST

    Jerome Powell says US economy facing heightened uncertainty

    "A full recovery is unlikely until people are confident that it is safe to re-engage in a broad range of activities," Powell says in testimony he is scheduled to deliver on Tuesday in an appearance with Treasury Secretary Steven Mnuchin before the House Financial Services Committee.

  • Jerome Powell repeats Fed to use full range of tools to aid economy Jun 17, 2020 10:29 PM IST

    Jerome Powell repeats Fed to use full range of tools to aid economy

    The recession is hurting Americans unequally, taking the deepest toll on African Americans and other minorities, Powell said in prepared remarks for his testimony before the US House of Representatives Financial Services Committee.

  • S&P 500, Dow Jones flat after three-day rally Jun 17, 2020 09:38 PM IST

    S&P 500, Dow Jones flat after three-day rally

    Encouraging economic data and trillions of dollars in monetary and fiscal stimulus have propelled a rally in the Wall Street indexes from their late-March trough.

  • Jerome Powell warns that long downturn would mean severe damage Jun 16, 2020 09:14 PM IST

    Jerome Powell warns that long downturn would mean severe damage

    Powell is delivering the first of two days of semi-annual congressional testimony, on Tuesday to the Senate Banking Committee before addressing the House Financial Services Committee on Wednesday.

  • Federal Reserve sees 'persistent fragilities' for households and businesses: Fed report Jun 12, 2020 10:50 PM IST

    Federal Reserve sees 'persistent fragilities' for households and businesses: Fed report

    In its twice-annual Monetary Policy Report to US lawmakers, the Fed also reinforced expectations for a sharp decline in economic activity in the current quarter.

  • Federal Reserve to keep buying bonds and sees no rate hike through 2022 Jun 10, 2020 11:43 PM IST

    Federal Reserve to keep buying bonds and sees no rate hike through 2022

    The Fed has cut its benchmark short-term rate to near zero. Keeping its rate ultra-low for more than two more years could make it easier for consumers and businesses to borrow and spend enough to sustain an economy depressed by business shutdowns and high unemployment.

  • Fed's Jerome Powell fears second coronavirus wave, reiterates crisis-fighting pledge May 30, 2020 12:25 PM IST

    Fed's Jerome Powell fears second coronavirus wave, reiterates crisis-fighting pledge

    The Fed has gone all out to steady financial markets since March, lowering borrowing costs and creating credit backstops for companies and local governments reeling from the economic fallout of lockdowns to stop the spread of the novel coronavirus.

  • This is a ‘downturn without modern precedent’, says Federal Reserve Chairman Jerome Powell May 22, 2020 06:26 PM IST

    This is a ‘downturn without modern precedent’, says Federal Reserve Chairman Jerome Powell

    It’s impossible to guess what the trajectory for the economy will look like, a series of central bankers warned. That makes nimbleness key

  • Fed, Treasury chiefs face heat over uneven US coronavirus response May 19, 2020 09:50 PM IST

    Fed, Treasury chiefs face heat over uneven US coronavirus response

    Powell and Mnuchin were testifying to the Senate Banking Committee as Congress considers whether to roll out trillions of dollars of additional aid to bolster an economy that was brought to a virtual standstill by lockdowns imposed in March and April.

  • Fed's Powell: 'Medical metrics' most important data for US economy now: Report May 18, 2020 07:39 PM IST

    Fed's Powell: 'Medical metrics' most important data for US economy now: Report

    "If we are thoughtful and careful about how we reopen the economy so that people take these social distancing measures forward and try to do what we can not to have another outbreak...then the recovery can begin fairly soon," Powell said.

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