Us Fed News Today

Indian indices surged with Sensex up 0.61% at 74,327 and Nifty50 at 22,561, tracking positive global cues. Top performers included Kotak Mahindra Bank, JSW Steel, TCS, and UltraTech Cement.

Major cryptocurrencies surged following softer-than-expected U.S. jobs data, fueling speculation of potential Federal Reserve rate cuts. Bitcoin rose 1.5% to $64,340, Ethereum gained 3% to $3,184, and various altcoins, including BNB, Solana, XRP, Dogecoin, Toncoin, Shiba Inu, and Polkadot, also saw increases.

A dovish shift in tone by BoE Guv Bailey and Deputy Governor Dave Ramsden in April caused some economists to reckon that the timing of BOE cuts may be closer to the European Central Bank — which is widely expected to act in June — than to the Federal Reserve, whose chief, Jerome Powell, has avoided offering a timeline for US easing.

Share market: Friday's market fall came ahead of the release of the US non-farm payroll data. Investors booked profit and there was a degree of caution, said Vinod Nair, Head of Research, Geojit Financial Services.

Finance theory folks who think higher rates would compress future cash flows — and therefore leading to cracks in the market — are missing two important factors.

Bitcoin declined on Thursday after the US Federal Reserve decided to maintain interest rates unchanged and its indication that rate cuts might be delayed.

WASHINGTON: The US Federal Reserve held interest rates steady on Wednesday and signalled it is still leaning towards eventual reductions in borrowing .

Alberta-based Capital Power cites financial feasibility in decision to abandon proposal

Indian markets surged post U.S. Feds rate hold. Oil price drop, robust auto sales, and Nifty50 rise lifted sentiment. BSE Sensex gained 171 points, led by HDFC Bank and Reliance, while Kotak Mahindra and Bharti Airtel dragged.

Global stock markets heaved a sigh of relief last night when the worlds most powerful central banker Jerome Powell assured investors that it is unlikely for the US Federal Reserve to go for a rate hike. After the Dow Jones ended higher overnight, the Sensex was also up around 200 points this morning.