Latest Updates Around The World
Artificial intelligence has brought about a generational change in the U.S. labor market and could lead to a possible rise in unemployment that the U.S. central bank may not be able to counter with lower interest rates, Fed Governor Lisa Cook said on Tuesday.“It appears we are approaching the most significant reorganization of work in […]
On February 6, the RBI’s monetary policy committee unanimously decided to keep the policy repo rate unchanged at 5.25%, while maintaining a neutral policy stance. | Photo credit: FRANCIS MASCARENHAS According to ICICI Bank Global Markets, the chances of a monetary policy rate hike are quite slim given the favorable core inflation. As a result, […]
U.S. stock index futures were flat on Friday as investors waited for key economic data to gauge the path of monetary policy easing for the year, while keeping an eye on tensions with Tehran and a possible U.S. Supreme Court decision on Trump’s tariffs.A slew of economic reports on Friday, including the preliminary estimate of […]
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 […]
TLDR: Warsh’s Fed Treasury Accord could cut rates to 2.75-3.0% while reforming balance sheet policy Lower real returns tend to drive capital towards equities, gold and crypto, while bond yields fall significantly Reduced Fed support for long-term bonds combined with large Treasury issuance could lead to interest rate volatility International examples show that interest rates […]
Kevin Warsh, who is eyeing to become the next chairman of the Federal Reserve, may want to significantly shrink the central bank’s multibillion-dollar balance sheet, but experts agree that financial reality strongly suggests that achieving this goal will be difficult and slow, if at all.That’s because the Fed’s assets and the regime designed to manage […]
The U.S. Federal Reserve is widely expected to leave rates unchanged at its meeting next week, holding firm despite President Donald Trump’s push to cut interest rates while guarding against threats to its independence.The central bank has cut rates three times in a row since September as the labor market weakened, bringing rates to between […]
Silver has broken a major psychological barrier, rising above $100 an ounce on the COMEX for the first time in history. The dramatic rally, marked by a 7.15% gain to $103.26, comes amid a rare alignment of monetary policy shifts, industrial demand, geopolitical uncertainty and structural supply constraints, factors that analysts say are redefining the […]
After a year marked by consolidation, uneven sector performance and subdued benchmark returns, veteran market participant Vikas Khemani of Carnelian Asset Management believes the foundation has been laid for a more constructive phase for Indian equities. In a detailed interaction with ET Now, Khemani outlined why the coming year could mark a shift, with earnings […]
Federal Reserve Bank of Cleveland President Beth Hammack said Friday that, given her own view of the economy, she would prefer monetary policy to be tighter than it currently is. The Fed’s rate cut this week, along with earlier easing this year, keeps interest rate policy “around a neutral” level, Hammack said at an event […]
