Dollar eases after US data NEW YORK: The dollar eased broadly on Thursday after US data suggested upward price pressures continue to ease,... Published 01 Nov, 2024 06:51am
Business & Finance Dollar drops on softer than expected May inflation NEW YORK: The dollar tumbled on Wednesday after data showed that consumer prices in May rose less than economists... Published 13 Jun, 2024 06:59am
Business & Finance Fed may remain on pause and pare back rate cut expectations WASHINGTON: The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the... Published 10 Jun, 2024 06:52am
Business & Finance Fed to meet amid dwindling hopes of summer rate cuts WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as... Updated 29 Apr, 2024 09:20am
Markets European shares fall as hot US inflation data rains on rate-cut hopes PARIS: European shares ended lower on Thursday after a hotter-than-anticipated US inflation reading doused hopes of... Published 12 Jan, 2024 03:06am
Business & Finance Dollar hits four-month low after Fed pivots, ECB leaves rates unchanged LONDON: The dollar touched a fresh four-month low on Thursday after the Federal Reserve indicated that its... Published 15 Dec, 2023 03:12am
Markets European shares rise on retail, healthcare boost PARIS: Europe’s benchmark index rose on Wednesday, led by healthcare and retail stocks, with investors bracing for... Published 02 Nov, 2023 03:16am
Markets Wall Street muted as investors digest inflation data NEW YORK: Wall Street’s main indexes were subdued in choppy trading on Thursday, as data showed consumer prices... Published 13 Oct, 2023 05:50am
Business & Finance Fed should proceed ‘carefully’ on rate hikes: officials WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates... Published 10 Oct, 2023 06:19am
Markets Australia, NZ dollars calm ahead of central bank moves this week SYDNEY: The Australian and New Zealand dollars were calm on Monday ahead of a slew of central bank rate decisions... Published 18 Sep, 2023 10:05am
Markets US Fed likely to pause rate hikes despite higher inflation WASHINGTON: The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of... Published 17 Sep, 2023 12:35pm
Opinion Fed doublespeak Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest... Updated 03 Aug, 2023 06:34am
Markets Rupee ends 8-session losing streak, settles at 287.04 against US dollar Currency appreciates 0.52% in inter-bank market Updated 26 Jul, 2023 09:27pm
Editorials Caution from Basle EDITORIAL: The Bank for International Settlements (BIS), the global umbrella body for central banks, sure poured ... Updated 08 Jul, 2023 06:58am
Business & Finance US Fed official says more rate hikes necessary WASHINGTON: A senior US Federal Reserve official said Thursday that additional interest rate hikes are needed to... Published 23 Jun, 2023 06:00am
Business & Finance Fed leaves rates steady, sees two small hikes by end of 2023 WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections... Published 15 Jun, 2023 06:03am
Print Divided Fed expected to rally around a US interest rate pause WASHINGTON: The US Federal Reserve is widely expected to pause its campaign of interest rate increases on Wednesday... Updated 12 Jun, 2023 08:40am
Business & Finance Top Fed official sees rates rising and staying high WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle... Published 22 Apr, 2023 03:38am
Business & Finance Dollar dips before Fed rate decision NEW YORK: The dollar fell on Wednesday before the Federal Reserve is expected to hike interest rates by an ... Published 02 Feb, 2023 06:12am
Markets Dollar rises as inflation pressures persist; FOMC meeting in focus SINGAPORE: The dollar firmed on Monday after data showed producer prices in the United States rose more than... Published 12 Dec, 2022 09:40am
Markets Yields rise, FOMC minutes in focus NEW YORK: US Treasury yields rose on Friday on expectations that the Federal Reserve will continue hiking rates ... Published 21 Nov, 2022 05:59am
Markets Rupee marginally weakens against US dollar, settles at 221.91 Currency has remained largely stable in recent weeks Updated 15 Nov, 2022 09:02pm
Business & Finance US dollar climbs as Fed likely to deliver another big hike; sterling slumps NEW YORK/LONDON: The dollar gained across the board on Monday, regaining some ground it lost earlier in the month,... Published 01 Nov, 2022 05:55am
Print Fed set for further steep rate hike as recession fears loom WASHINGTON: The US Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week... Updated 31 Oct, 2022 10:27am
Markets 4th successive decline: rupee settles at 218.89 against US dollar Depreciates 0.21% in inter-bank market on Monday Updated 17 Oct, 2022 07:45pm
Print Fed unveils 75-basis-point rate hike Move aimed at cooling down most intense breakout of inflation since the 1980s Updated 28 Jul, 2022 10:56am
Markets Japan’s Nikkei ends flat ahead of Fed meeting outcome TOKYO: Japan’s Nikkei ended flat on Wednesday in cautious trade ahead of a crucial policy decision by the U.S.... Published 16 Dec, 2021 04:00am
Markets US Fed poised to face down inflation dragon WASHINGTON: After more than a decade of tame inflation, a wave of prices increases has washed through the US ... Published 15 Dec, 2021 11:35am
Business & Finance US Fed opens policy meeting focused on inflation threat WASHINGTON: The Federal Reserve opened its two-day policy meeting on Tuesday, focused squarely on how to address the... Updated 14 Dec, 2021 08:25pm
Business & Finance Japan’s 10-year bond yields gain TOKYO: Japan’s 10-year government bond yields rose on Friday amid cautious trade ahead of US inflation data and... Published 13 Dec, 2021 06:45am