Tag: Federal Reserve

Rate cut hopes may bolster U.S. stocks as investors await earnings, elections

July 11, 2024 admin

Federal Reserve Bank Chair Jerome Powell. | Photo Credit: Getty Images The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in U.S. stocks that may soon be tested by upcoming corporate earnings reports and growing political uncertainty. Expectations that the Federal Reserve will kick off…

World

U.S. Federal Reserve likely to scale back plans for rate cuts because of persistent inflation

June 12, 2024 admin

Representational image of the seal of the Board of Governors of the United States Federal Reserve System | Photo Credit: AP United States Federal Reserve officials will likely make official what’s been clear for many weeks: With inflation sticking at a level above their 2% target, they are downgrading their outlook for interest rate cuts….

Business

Stock Market Today: Markets decline in early trade after record-breaking rally

April 12, 2024 admin

Equity benchmark indices declined in early trade on April 12 after a record-breaking rally in the previous trade. | Photo Credit: REUTERS Equity benchmark indices declined in early trade on April 12 after a record-breaking rally in the previous trade as investors went in for profit-taking amid weak trends from Asian markets. The hotter-than-expected U.S….

Business

Markets fall in early trade on weak global equities, foreign fund outflows

September 21, 2023 admin

Representational image only. File | Photo Credit: Reuters Equity benchmark indices declined in early trade on September 21, falling for the third day running, due to a weak trend in global markets and foreign fund outflows. Global equities fell after the U.S. Federal Reserve signalled that they expect to raise rates once more this year…

Business