Last Updated: May 02, 2023, 00:03 IST China’s manufacturing activity unexpectedly fell in April, official data…
Tag: federal reserve
US Dollar Rises After Inflation Data Released, Boosting Rate Hike Expectations
The U.S. dollar rose on Friday after data showed inflation grew in March, though at a…
Crude Prices Up Over 2 Percent on Rising US Oil Demand and Lower Output
Last Updated: April 29, 2023, 01:36 AM IST Crude prices have been lower in recent weeks…
US Dollar Edges Higher as GDP, Jobless Claims Affirm Rate Hike Bets
Last Updated: April 28, 2023, 02:41 AM IST 22 central banks have their currencies pegged to…
US Treasury Tields Dip as Investors Grow Jittery About Debt Ceiling Deadline; Megacaps Weigh on Nasdaq
Last Updated: April 25, 2023, 01:14 AM IST European stocks closed essentially unchanged ahead of potentially…
Dow Jones, S&P 500 and Nasdaq Close Slightly Higher on Benign Note
Last Updated: April 22, 2023, 03:12 AM IST The broad-based S&P 500 also edged up 0.1…
Dollar Gains on Rising US Yields, British Inflation Lifts Pound
The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the…
US Fed Should Alter Its Monetary Policy Framework: IMF Deputy Managing Director Gita Gopinath
International Monetary Policy First Deputy Managing Director Gita Gopinath on Friday said that US Federal Reserve…
US Economy Adds 236,000 Jobs Despite Fed’s Rate Hikes
America’s employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid…