Latest Updates Around The World
US consumer prices rose less than expected in January, reinforcing expectations that inflationary pressures will remain contained, according to Reuters. This keeps the prospects for rate cuts later this year intact.The consumer price index rose 0.2% in January, after an increase of 0.3% in December. On an annual basis, prices rose 2.4%, slightly less than […]
Federal Reserve Governor Stephen Miran has warned that the US central bank’s current monetary policy stance threatens to slow down an economy further supported by a series of budget initiatives from the Trump administration, including tax cuts, Reuters reported.Speaking at an event hosted by the Federal Reserve Bank of Dallas, Miran argued that policymakers may […]
Gold fell on Tuesday, a day after breaching $4,600/ounce for the first time ever, as investors booked profits amid heightened geopolitical and economic uncertainty. RAW MATERIALS * Spot gold was down 0.4% at $4,576.79 an ounce as of 01:34 GMT. Bullion hit an all-time high of $4,629.94 on Monday. * U.S. gold futures for February […]
Retail investors are emerging as a dominant force in US stock markets, with inflows into equities on track to reach a record high by 2025. Individual participation has surged on optimism about possible rate cuts and expectations that the rally could extend into next year, reshaping market dynamics traditionally led by institutional players.JP Morgan analysts […]
Indian corporate profits may finally recover in 2026 after a weak year marked by single-digit earnings growth, says Sridhar Sivaram, Investment Director at Enam Holdings.He told ET Now that while early signs of improvement are visible, real earnings momentum will only come next year – driven by a major policy shift, interest rate cuts and […]
Dallas Federal Reserve President Lorie Logan on Friday called for leaving the policy rate on hold “for a while” while the central bank assesses how much of a drag the current level of borrowing costs is putting on the economy, with rising stock prices one reason to think it won’t be much.In her remarks in […]
Gold and silver prices edged lower on Thursday, November 20, as declining hopes for a US interest rate cut continued to dampen sentiment for the precious metals. The latest US Fed Minutes reveal divisions among Federal Reserve officials over the need for interest rate cuts, torn between concerns about a weakening labor market and persistent […]
The Federal Reserve should “move slowly” in approving further interest rate cuts as monetary policy moves closer to a neutral stance, Fed Vice Chairman Philip Jefferson said Friday.After a quarter-point rate cut last week, which Jefferson supported, he said “the current policy stance is still somewhat restrictive” and serves to reduce inflation, which available information […]
NEW YORK, Nov 3 – The S&P 500 and Nasdaq closed higher on Monday, with artificial intelligence-related deals taking much of the gains, while the Federal Reserve’s near-term monetary policy became increasingly foggy due to the scarcity of official U.S. economic data. Technology and tech-related companies helped propel the Nasdaq to its biggest gains, while […]
