Page 84 - Us Fed News Today

The US Federal Reserve says a central bank digital currency would support the US dollar’s international role, as its dominance in global payments is already being challenged.

The Sensex has shed close to 2000 points from its January 17 peak of 61308.91

Markets’ underpricing of the Fed’s resolve to tackle inflation could be devastating if and when it is forced to raise rates more aggressively. Likewise, amid signs of financial contagion in China’s property market, the PBOC must decide on the timing and extent of more forceful action.

JAKARTA: Indonesia’s central bank will wait until the second half of the year before raising rates to nurture economic growth, even though the United States Federal Reserve (Fed) looks likely to tighten monetary policy as soon as March, a Reuters poll shows.

Tech stocks stumble to worst start since 2016 on rate-hike fears : Rashtra News #Tech #stocks #stumble #worst #start #ratehike #fears The stocks of U.S. technology companies are seeing the worst start to a year since 2016 as fears about runaway inflation imperil the heady valuations left by the market’s run up over the past […]

KUALA LUMPUR: HSBC expects the economic recovery in Malaysia to be quite strong this year, with the gross domestic product (GDP) set to expand 5.6 per cent despite the impact of the recent floods in the country.

Emerging economies should gird for possible rough times as the US Federal Reserve prepares to raise interest rates and world economic growth slows because of the Omicron variant of Covid-19, the IMF warned Monday.

These economists also think the rupee will be under increased pressure this year given the fluid situation that the global economy is in and the US Fed's already announced tapering.

KUALA LUMPUR: CGS-CIMB Securities Sdn Bhd has reiterated that the FTSE Bursa Malaysia KLCI (FBM KLCI) to end 2022 at 1,612 and expected investors to tread cautiously throughout the year.

Foreign institutional investors (FIIs) turned cautious in the last quarter of 2021 on expectations of the faster tapering from the US Fed next year amid lofty valuations and state elections in the New Year.