US POLICYMAKERS
MoU signed between UP Tourism and MakeMyTrip The Uttar Pradesh Tourism Department signed a memorandum of understanding (MoU) with MakeMyTrip on Friday to promote tourism in the state. The signing took place at the Tourism Directorate, Uttar Pradesh.
05 Jul, 2024, 06.37 PM ISTIndia central bank policymakers divided over rate-growth debate Internal members maintain hawkish stance on inflation, with Governor Das cautioning against hasty actions for fear of worsening the situation
25 Jun, 2024, 08.02 AM ISTFed seen on track to Sept rate cut after inflation data The US government report indicates that consumer prices did not rise in May, potentially paving the way for interest-rate cuts in the coming months. The Fed is expected to hold the policy rate in its current 5.25%-5.5% range. The benign inflation re...
12 Jun, 2024, 06.55 PM IST- ADVERTISEMENT
Fed pivot or not, RBI likely to go its own way on rates, says I-SEC PD “It is plausible to make the interpretation that RBI MPC may well pivot before Fed starts its own cutting cycle and that was the motivation for the statement... However, we believe the reason for this emphasis was the opposite based on other stateme...
11 Jun, 2024, 10.41 AM ISTJPMorgan, Citi scrap Fed rate-cut bets for July after jobs data JPMorgan's chief US economist, Michael Feroli, stated in a report on Friday that "the recent momentum in job growth" indicates that the "broader" labor-market weakening, which the Fed mentioned could justify a rate cut, might take more than three mo...
08 Jun, 2024, 09.50 AM ISTHow China rose to lead the world in cars and solar panels Heavy subsidies for industry, together with weak sales in China, have set the stage for an export boom, raising fears of factory job losses elsewhere
04 Jun, 2024, 12.15 PM ISTFed officials see inflation falling, signal no rush to cut rates Federal Reserve's John Williams believes monetary policy is restrictive, aiming to bring inflation down to the 2% target.
31 May, 2024, 08.34 AM ISTOil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise Oil prices fell on Friday due to concerns over inflation risks, U.S. crude inventories, and OPEC+ negotiations to extend oil production cuts.
31 May, 2024, 07.08 AM ISTFed officials urge patience on timing of initial rate cut The timeline was echoed by Cleveland Fed President Loretta Mester in comments on Tuesday night at an Atlanta Fed conference.
22 May, 2024, 08.30 AM ISTResponsible Innovation, how a blueprint for collaborative action is advancing global healthcare On the occasion of the Abu Dhabi Global Healthcare Week (ADGHW), Dr. Asma Ibrahim Al Mannaei, Executive Director of the Research and Innovation Centre, discusses the UAE's prioritisation of healthcare in driving investments and partnerships focusing...
20 May, 2024, 05.39 PM ISTRupee ends flat; oil cos, foreign banks' dollar demand offsets rise in Asia FX The Indian rupee closed flat on Thursday as dollar demand from local oil companies and likely equity-related outflows weighed on the local unit even as most other Asian currencies rallied.
16 May, 2024, 04.09 PM ISTEmpowering healthcare innovations: Dr. Noura Khamis Al Ghaithi on ADGHW's role in global healthcare collaboration H.E. Dr. Noura Khamis Al Ghaithi discusses ADGHW as a platform for global healthcare collaboration, focusing on innovations and partnerships with Indian healthcare providers. The event aims to develop precision health initiatives, strengthen life sc...
16 May, 2024, 12.36 PM ISTBrent hovers above $83 as inflation data takes centre stage Though prices were supported by a few factors last week, including a lack of progress in the latest round of negotiations to halt hostilities in Gaza, economic factors are back in the spotlight.
13 May, 2024, 09.31 PM ISTLondon's FTSE 100 hits new high after BoE signals rate cuts Britain's FTSE 100 scaled a record high on Thursday after the Bank of England kept interest rates unchanged but investors cheered increasing indications that more policymakers are warming up to cutting borrowing costs soon.
09 May, 2024, 05.27 PM ISTRBI not likely to cut interest rates soon; how this delay can impact bond investors, what they should do The expected reduction in interest rates has been delayed, which is different from what was anticipated earlier this year. Experts now predict a slower and less substantial decrease. This has consequences for bond market investments.
06 May, 2024, 01.48 PM ISTFed policymakers agree: There's no urgency to cut rates Minneapolis Fed President Neel Kashkari told Fox News Channel he also wants to be "patient," with the first rate cut "potentially" not appropriate until next year.
19 Apr, 2024, 08.17 AM ISTFinland the world’s happiest country, Biden goes after Chinese semiconductor firms The US government is pressing allies including the Netherlands, Germany, South Korea and Japan to further tighten restrictions on China’s access to semiconductor technology.
24 Mar, 2024, 10.22 AM ISTGold sprints to record high as Fed sticks to 2024 rate-cut view Lower interest rates decrease the opportunity cost of holding non-yielding bullion and weigh on the dollar, making gold cheaper for investors holding other currencies.
21 Mar, 2024, 03.02 PM ISTFed lifts neutral view; more to come?: McGeever In their quarterly Summary of Economic Projections, officials raised the median outlook for 2025 and 2026, and more importantly, increased their longer-run median interest rate outlook above 2.5% for the first time in five years.
21 Mar, 2024, 08.16 AM ISTFed policymakers signal no rush to cut US interest rates U.S. central bankers want to hold off on cutting interest rates until they have more confidence that inflation is headed down to 2%, and on Wednesday gave a range of reasons for feeling little urgency to start easing policy soon or to move quickly o...
08 Feb, 2024, 08.10 AM IST