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New Delhi: Global markets have been tumultuous since the beginning of the ongoing Iran war as the conflict has disrupted oil supply significantly. Since the war has triggered a sell-off of equities (considered riskier), investors are scrambling to park their money in safe-haven assets. Traditionally, gold or the US dollar have been the go-to asset(s)…
The Trump administration’s opening of a criminal probe of Fed Chair Jerome Powell drew fire from the Fed chief, who called the move a “pretext” to win influence over interest rates, and condemnation from former Fed chiefs and key members of Trump’s Republican Party, even as House Speaker Mike Johnson said he’d let the process…
Gold and silver prices have experienced significant fluctuations recently. The US-China trade deal and the strengthening US dollar are the primary factors influencing these movements. Investors tend to reduce their investments in precious metals when market and global geopolitical conditions appear stable, leading to a decline in prices. On the Multi Commodity Exchange of India…
US President Donald Trump has posted a cartoon on social media, with his plan to sack Federal Reserve Chairman Jerom Powell. In the photo, Trump is seen saying- You are fired! This case has come to light after Powell’s decision to reduce interest rates. There has been a long conflict between Trump and Powell on…
US President Donald Trump blasted The Wall Street Journal‘s report that claimed Treasury Secretary Scott Betting had privately advised him against firing Federal Reserve Chair Jerome Powell. In a lengthy post on Truth Social on Sunday, Trump criticised the report, calling it “typically untruthful” and insisted that no one had to tell him about the…
Last Updated:January 13, 2025, 3:48 PM IST Indian benchmark equity indices, the BSE Sensex and Nifty50, opened sharply lower on Monday due to growing global concerns. Stock Market Crash Benchmark equity indices, BSE Sensex and NSE Nifty50, closed lower on the first trading session of the week, each declining by more than 1 per cent….
The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the policy horizon for counterparts spanning the globe. In Europe and most other developed nations – where officials tend to insist that decisions in Washington don’t affect their own policy trajectory – comfort…
Reported By: Mohammad Haris Last Updated: September 18, 2024, 23:00 IST US Fed Chair Jerome Powell. Follow live updates from the US Fed Meeting September 2024 as the FOMC announces its interest rate decision. Get real-time insights on how Jerome Powell’s remarks impact global and India markets. US Fed Meeting LIVE Updates: The US Federal…
New Delhi: Inflation in July dropped to the lowest point in the last three years in the US, according to data released on Wednesday, setting up a likely rate cut by the Federal Reserve next month. Data from the US Bureau of Labor Statistics showed the annual inflation rate in July hit 2.9 per cent,…