Yellen

Janet Yellen Says US Is Not Ruling Out New Sanctions Against Iran

Following the surprise Oct. 7 attack on Israel by Hamas militants, for which Iran has voiced its approval, speculation has grown over whether the US would tighten its restrictions on Iranian oil exports.

G20 Summit 2023: Yellen to attend, focus on economy, climate, Ukraine -US Treasury

Delhi G20: Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit from Sept. 7-10, making her fourth visit to India in 10 months, the Treasury Department said on Thursday.

Janet Yellen warns of 'constitutional crisis' if Congress fails to act on debt

Janet Yellen sounded the alarm over possible financial market consequences if the debt ceiling is not raised by early June, when she has said the federal government could run short of cash to pay its bills.

LIVE: Decoding US Fed Rate Hike | Mixed Signals From Jerome Powell, Janet Yellen | FOMC Outcome

The US Federal Reserve hiked interest rates by 25 bps, expressing caution about the recent banking crisis and indicating that hikes are nearing an end. But Fed Chair Jerome Powell has ruled out any rate cuts for 2023. He reaffirms his confidence in the banking system but says the recent failure of some regional banks can cause ripple effects that can slow down the economy. He also assured Americans that the Fed has the tools to keep depositors' money safe. However, US treasury secretary Janet Yellen's comments ruling out blanket insurance for bank deposits rattled market sentiment. What should one make of the mixed messaging? Is the US staring at a recession? Also, what will be its impact on India? Watch this chat between Nandita Khemka & Santosh Nair to know more!

Fed policy: Banking crises may turn out to be a blessing in disguise for inflation goals

Uncertainty and risk to upside in inflation has reduced; the sooner financial stability is achieved is better for investors

Disbursement of $4.5 billion in U.S. aid for Ukraine to begin in coming weeks, Janet Yellen says

The funds, which were approved in September as part of the stop-gap government funding bill, were aimed at "bolstering economic stability and supporting core government services," Yellen said in a statement, adding that other donors should increase and accelerate their assistance to Ukraine as it defends against Russia's invasion.

Bitcoin jumps after apparent Yellen statement quells US clampdown fears

In a statement that briefly appeared on the Treasury website before it was taken down, Treasury Secretary Janet Yellen said a still-pending executive order on virtual currencies from President Joe Biden "calls for a coordinated and comprehensive approach to digital asset policy (that) will support responsible innovation."

Trump reforms: Banking deregulation gets centre stage as US Fed undergoes rejig

With the exit of US Fed Vice Chair Stanley Fischer, it creates four vacancies in the 7-member board of governors in Federal Reserve and gives enough leeway to President Trump to work on his banking reforms.

Japanese stocks edge towards 2-year high, dollar firms before Yellen

Yellen is scheduled to take part in a discussion on global economic issues at London's Royal Academy and a number of other top Fed officials are also due to speak later in the global day.

Fed played good role in not upsetting economy or financial mkts: Bruno Verstraete

In an interview to CNBC-TV18, Bruno Verstraete, Partner of Lakefield Partners shared his readings and outlook on Fed's rate hike.

COMMENT: As Trump-Yellen wrangle kicks into high gear, brace for impact

President Trump had been very vocal about the Fed Chair aiding the outgoing administration by keeping rates â€˜low for longer‘. Since the end of the 2007-09 recession, the Fed has raised rates once in December 2015 and again in December of last year.

Sensex, Nifty may remain sideways as Fed move no surprise

Asian shares and currencies struggled on Thursday. In Japan, the Nikkei 225 surged 0.91 percent, likely due to a weaker yen which is near an 11-month low against the dollar. Across the Korean strait, the Kospi opened down 0.31 percent.

Wall Street slides after Fed raises rates; energy weighs

The Fed's decision to raise rates comes as President-elect Donald Trump, who will be sworn in next month, is seen cutting taxes and increasing spending on infrastructure.

US nonfarm payroll job growth seen pushing case for Fed hikes

Nonfarm payrolls are expected to have risen by 175,000 last month from 151,000 in August, according to a Reuters survey of economists.

For Yellen, a September Fed surprise could close confidence gap

If Fed Chair Janet Yellen wants to prove that policymakers are not being pulled along by investors who for years have second-guessed them, this week may offer a rare moment of calm to do so.

Nifty ends below 7250, Sensex at 21-month low; SBI tanks 5%

L&T, Coal India, Maruti, Reliance and Tata Steel were top gainers while Tata Motors, SBI, Hindalco, Cipla and Adani Ports were losers in the Sensex.

Stocks in Europe slide to 15-month low as rate hike in focus

The pan-European STOXX 600 was down 2.5 percent. Meanwhile, Europe's FTSEurofirst 300 fell 2.2 percent, to hit its lowest level since October 2014

After Yellen's teaser comes Draghi the easer

European stocks were 0.4 percent higher and the euro was hovering near a 7-1/2-year low with Draghi expected to expand the European Central Bank's money printing programme later and cut its deposit rate again.

Dollar edges up ahead of U.S. jobless claims, Yellen

Market may continue positive momentum; global cues firm

Asian markets have opened higher this morning as Athens approved the bailout plan. The Nikkei moves higher for a fourth day and has now moved to a new two-week high as investors cheered a weaker currency.

Gold struggles near $1,200 on Yellen views, robust dollar

Yellen was clearer than ever on Friday that the central bank was poised to raise interest rates this year, as the US economy was set to bounce back from an early-year slump and headwinds at home and abroad waned.

Gold holds steady near 4-month low ahead of Fed, Yellen

Forex - AUD/USD hits 1-month highs after Australian data, Yellen

Gold futures hold steady as markets await Fed, Yellen

Japanese shares lead Asia rally as Yellen effect holds sway

The Nikkei jumped 1.8 percent early Friday to bring its gains for the week so far to a heady 7.5 percent, its best performance since December 2009. It also cracked major chart resistance around 15,000, which opened the way for a return to the May peak at 15,942.60.