Page 47 - Us Fed News Today

The dollar index tumbled to their lowest in more than a year and US yields dropped after data showed that US inflation slowed at a faster-than-expected pace

The previous 1,000-point milestone from 64,000 to 65,000 was achieved in just 3 trading sessions. The two peaks of 63,000 and 64,000 had taken 278 days and 144 days, respectively.

Fed’s regulatory chief says move would help system’s resilience after string of midsize bank failures

The domestic currency closed at 82.51 per US dollar down 22 paise from the previous days close. Thursdays level is the weakest closing for the rupee since June 8 while the price action marks the sharpest single-day decline for the rupee since June 5, Bloomberg data showed.

Homebuyers and owners in the US are experiencing similar pressures to their counterparts in the UK. Figures this week show the 30-year fixed rate mortgage rose to 7.22% compared to 5.65% the previous year, according to data compiled by Mortgage News Daily. The weekly Freddie Mac index reveals a similar trend reaching

Some participants wanted a rate hike in June, but in the end almost all participants judged it appropriate or acceptable to maintain the federal funds rate at the existing 5% to 5.25%, the minutes said

Yield curves in the industrialized world are inverted. Investors should ask what the return on bonds of various maturities will be as inverted yield curves unwind, and what does a ‘normal’ yield curve look like

Greater exposure to China’s economy and easing commodity prices are among the factors likely to have contributed to the ringgit’s decline compared to its Asean peers, observers say.

The rupee got a boost on continued buying by foreign institutional investors who bought shares worth around Rs 14,000 crore in the previous two sessions

Lagarde also talks tough, says not seeing enough sign of drop in inflation