Federal reserve

On the trade deal, Raghuram Rajan said there’s some progress, but it will not be a permanent solution and won’t be something that many people want to see. read more

The unemployment rate ticked up from 3.5% to 3.6%, still near a five-decade low. And for a second straight month, average hourly wages rose a decent if less-than-robust 3% from a year ago. read more

An investment strategist stated that while investors were panicking about the trade war, global growth and Brexit in the summer , they have now realized that the situations were not that bad. read more

Citi’s bullish scenario for gold is based on drivers including the prospect of the Federal Reserve cutting interest rates to zero, rising risks of a global recession and heightened geopolitical tensions. read more

Investors will also look to Fed Chairman Powell’s speech in Zurich on Friday for more clues on the policy outlook. Twenty five of the 31 Sensex constituents and 33 of the 50 Nifty companies rose. read more

The currency opened at 71.95 to a dollar and touched a low of 72 -- a level last seen on 14 December 2018. At 9:11 am, the domestic currency was trading at 71.97, down 0.19% from its previous close of 71.82. read more

Here’s our weekly wrap of what’s going on in the world economy. read more

Yield spreads on sovereign dollar bonds were an average of 2 basis points higher, according to JPMorgan Chase & Co.’s EMBI+ Index. read more

The broader NSE Nifty was up 0.13% at 11,360.45 as of 0433 GMT, while the benchmark BSE Sensex was 0.18% higher at 38,099.16. read more

The 30-share index opened over 150 points tracking rally global equities, but surrendered all gains to trade 201.04 points or 0.52 per cent lower at 38,696.42 at 0955 hours. read more

The Fed last week left benchmark US lending rates untouched but signaled it could ease them soon if the economic outlook deteriorates. read more

RBI statements have averaged 3,084 words in the post-inflation targeting regime, still pretty high if compared to the Federal Reserve’s average of 500 words, the paper’s authors, Aakriti Mathur and Rajeswari Sengupta, say. read more

Indian bourses opened on a positive note with Sensex trading 228.90 points higher at 36,900.33 and Nifty rose 75.90 points at 11,111.30. read more

As the world’s central banks turn dovish, Beijing and New Delhi stand out for taking action. Yet few economists see imminent steps elsewhere. read more

The rupee appreciated by 26 paise to 70.86 against the US dollar in opening trade Thursday, driven by weakening of the greenback in overseas markets after the US Fed kept interest rate unchanged. read more