Topic
federal reserve
Business US Federal Reserve Holds Rates Steady as Kevin Warsh-Led FOMC Maintains 3.5-3.75% Range
The Federal Open Market Committee, led by Chair Kevin Warsh, voted to maintain the federal funds rate at 3.5-3.75% following its July 28-29 meeting. The decision reflects persistent inflation above the 2% target, geopolitical uncertainties from the Middle East conflict, and volatile oil prices. The Fed's statement noted solid economic expansion but highlighted supply shocks and tariff-related pressures.
Business US Interest Rates Held for Fifth Consecutive Meeting as Fed Votes 9-3
The Federal Reserve held US interest rates at 3.5%-3.75% for the fifth time in a row, as expected. Policymakers voted 9-3 to maintain the rate, despite inflation easing to 3.5% in June, still above the 2% target. Uncertainty over the Middle East conflict's impact on oil prices clouds the outlook.
Business Wall Street declines as Federal Reserve policy review looms; oil prices surge on Iran hostilities
US stocks traded lower on Wednesday as the Federal Reserve's two-day policy meeting concluded, with markets pricing a 36% probability of a rate hike. Oil prices surged 5.6% to $86.64 a barrel after Iran launched a missile attack on US forces, heightening supply concerns.
Commodities Gold Prices Jump Over 1% as Easing Middle East Tensions Drag Oil Lower, Fed Decision in Focus
Gold prices jumped over 1% in early trade as hopes of de-escalation between the US and Iran pushed crude oil prices lower, reducing inflation concerns. Spot gold climbed 1.4% to $4,110.56 an ounce, while silver surged nearly 5%. The Federal Reserve's upcoming monetary policy decision is now the key driver for precious metals.
Commodities Gold and Silver Await Fed Decision Amid Geopolitical Tensions and Crude Oil Volatility
Gold and silver ended last week on a stronger note, with Comex gold rising 1.3% and silver nearly 5%. This week, the Federal Reserve's interest rate decision, US-Iran tensions, and crude oil price movements will drive bullion. Analysts note range-bound trading amid geopolitical uncertainty and continued official-sector buying.
Commodities Gold and Silver Slide as Rising Yields and Oil Price Surge Weigh on Precious Metals
Gold and silver prices fell sharply, with spot gold dropping 2% to around $3,984/oz and silver 3.6% to $55.68/oz, as rising US Treasury yields and higher crude oil prices dampened investor appetite. MCX silver shows technical recovery potential toward Rs 227,000 with support at Rs 218,000. Geopolitical tensions in the Middle East threaten oil routes, fueling inflation concerns and weighing on precious metals.
Finance Ex-RBI Governor Raghuram Rajan and Two Other Indians Join US Federal Reserve Policy Review Panels
The US Federal Reserve has appointed former RBI governor Raghuram Rajan, Harvard economist Raj Chetty, and Microsoft executive Asha Sharma to separate task forces reviewing its monetary policy framework. The panels, announced by Chairman Kevin Warsh, will examine balance sheet policy, data quality, productivity and jobs, communications, and inflation frameworks. The appointments signal an effort to incorporate diverse expertise as the Fed reassesses its tools and methods.
Business From Inflation to Mortgage Rates: Key Movements in the US Economy's Weekly Report Card
The US economy saw mixed signals this week: inflation accelerated to a three-year high, consumer spending slowed, but GDP growth beat expectations and layoffs remained low. Apple raised prices on Mac and iPad models due to AI-driven memory chip shortages. Mortgage rates ticked up slightly, while jobless claims fell below forecasts.
Commodities Gold Heads for First Weekly Rise in Five on Easing Fed Rate-Hike Bets After Weak Jobs Data
Gold rose more than 1% on Friday, heading for its first weekly gain in five weeks, after softer-than-expected US jobs data lowered expectations for Federal Reserve interest rate hikes. Spot gold hit $4,177.31 per ounce, while US futures climbed to $4,190.70. Traders now see a 54% chance of a September rate hike, down from 66% before the data.
Commodities Gold heads for worst month since 2008 as Fed rate-hike bets outweigh safe-haven demand
Gold prices dropped over 1% on Tuesday, putting bullion on track for its worst monthly performance since October 2008 and its first quarterly decline since 2024. Easing Middle East tensions and expectations of US Federal Reserve rate hikes have overshadowed gold's traditional safe-haven appeal, while a strengthening dollar added pressure. Market focus now shifts to US employment data for policy clues.
Finance Supreme Court blocks Trump's attempt to fire Federal Reserve governor Lisa Cook in 5-4 ruling
The US Supreme Court ruled 5-4 to block President Trump's attempt to fire Federal Reserve Governor Lisa Cook, stating the administration did not provide sufficient due process. The case returns to lower courts where the administration must prove mortgage fraud allegations. The decision is seen as affirming the Fed's independence.
Finance Wall Street Outlook: Jobs Data, Fed Rate Bets to Test US Stock Rally After Strong First Half
The S&P 500 is on track for a 7% first-half gain, but June volatility and a pivotal jobs report could test the rally. Fed rate hike odds rise with inflation above 4%, while AI and semiconductor stocks remain volatile. Markets also monitor Middle East ceasefire impact on oil prices.
Business Alan Greenspan obituary: Architect of the modern US economy dies aged 100
Alan Greenspan, who served as Federal Reserve chair from 1987 to 2006 and was credited with steering the longest sustained period of US economic growth, has died aged 100. His wife, NBC's Andrea Mitchell, said he died from complications of Parkinson's disease. Greenspan's legacy includes both the dot-com boom and the subprime mortgage crisis, with critics blaming his easy-credit policies.
Commodities Gold Price Prediction Today: Why Is Gold Not Rising Much Despite Lower Oil Prices? June 23, 2026 Outlook
Gold prices showed mild gains on June 22-23, 2026, but the rally is capped by hawkish central bank signals of possible rate hikes, according to Praveen Singh of Mirae Asset ShareKhan. Oil prices continued to fall, with Brent down 3% and 38% from cycle highs, yet precious metals are not benefiting fully. Geopolitical developments—including US-Iran talks and a potential sanctions waiver for Iranian oil—add complexity to the outlook.
Business Alan Greenspan, architect of modern US economy and former Fed chair, dies aged 100
Former Federal Reserve Chairman Alan Greenspan has died at 100. He served from 1987 to 2006, presiding over a period of sustained growth but also facing criticism for policies that led to the dot-com bubble and subprime mortgage crisis. His free-market philosophy, influenced by Ayn Rand, left a lasting imprint on the American economy.
Commodities Gold, Silver Prices Remain Under Pressure Amid Strong Dollar and Hawkish Fed Outlook
Gold and silver prices faced sustained pressure during the week due to a stronger US dollar and a hawkish Federal Reserve outlook. The Dollar Index rose to 101 after the Fed held rates steady but signaled possible hikes. On MCX, gold futures fell 2.2% and silver dropped 5.3%, while COMEX gold lost over 1.5% and silver fell 4.5%.
Business Fed holds US interest rates steady amid uncertainty over Trump's Iran deal
The Federal Reserve held interest rates steady at its June meeting, with the FOMC unanimously backing the decision. Inflation remains above target at 3.8%, driven by the US-Israel conflict in Iran and the closure of the Strait of Hormuz. Fed Chair Kevin Warsh introduced a significantly shorter statement and removed forward guidance hinting at future rate cuts, while the dot-plot showed a majority of policymakers expect no change or a hike this year.
Finance Kevin Warsh-led FOMC Keeps Rates Unchanged, Projects Hike by Year-End, Raises Inflation Forecast
The Federal Reserve, under new chair Kevin Warsh, kept its benchmark interest rate unchanged in the 3.5% to 3.75% range. The Summary of Economic Projections showed 18 of 19 officials expect at least one rate increase by year-end, while the central bank raised its inflation forecast, projecting PCE inflation at 3.6% by end-2026. Inflation currently stands at 4.2%, a three-year high, driven by fuel costs.
Finance Wall Street Holds Steady, Oil Below $80 as Fed Decision and Iran Deal Awaited
US stocks traded in a narrow range on Wednesday as investors awaited the Federal Reserve's policy decision. Oil prices remained below $80 a barrel amid optimism over a potential US-Iran agreement, with Brent crude around $79.43. The S&P 500 edged up 0.1%, while the Nasdaq rose 0.5% on a tech rebound.
Commodities Gold, Silver Prices Rise Marginally; Fed Decision, Iran Deal in Focus
International gold and silver prices rose marginally as market participants focus on the US Federal Reserve's policy announcement later today and the interim agreement between the United States and Iran. The Fed is widely expected to keep rates unchanged, while the Iran deal could allow oil sales to resume.
Business At 4.2%, US Inflation Posts Biggest Gain in Three Years, Fed Rate Path Affected
The US consumer price index increased 4.2% in the 12 months through May, the largest gain since April 2023, according to the Bureau of Labour Statistics. Surging energy prices amid the West Asia conflict and renewed US-Iran tensions contributed to the rise, giving the Federal Reserve cover to keep interest rates unchanged into 2027. Wall Street indexes fell, with the S&P 500 tech index down 1.6%.
Commodities Gold Set for Weekly Loss as Inflation, Rate Hike Fears Persist
Gold prices declined on Friday, heading for a weekly loss as concerns over inflation and potential US Federal Reserve interest rate hikes pressured the market. Spot gold fell 0.5% to $4,191.17 per ounce, while US gold futures rose 2.4% to $4,212.70. The price action was driven by geopolitical headlines, including President Trump's decision to call off military strikes on Iran.