Stocks Fall as Treasury Yields, Dollar Higher: Markets Wrap
Shares in Asia and European equity futures fell while Treasury yields and the dollar rose, in a sign investors are yet to fully recalibrate interest rate…
Source: biztoc.com
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Bond Selloff Pauses; Stocks Retreat for Fourth Day: Markets Wrap
A selloff in bonds paused and the dollar steadied, while shares in Europe retreated for a fourth day. • None Indians Have Five Days to Deposit $3 Billion in…
Source: biztoc.com
Beauty Company Coty Offers 33 Million Shares Ahead of Paris Listing
US beauty and fragrance company Coty Inc. launched an offering of 33 million shares as part of a plan to list in Paris, boosting the French bourse’s appeal as…
Source: biztoc.com
The era of great moderation in interest rates is over: Ajay Bagga
In reaction to the Fed announcement to not hike interest rates, the nifty index ended nearly a percent lower at 19,742.35 points on September 21.
Source: moneycontrol.com
inflation: Janet Yellen says US growth rate needs to slow amid full employment
Treasury Secretary Janet Yellen has stated that U.S. economic growth needs to slow down to align with its potential rate in order to bring inflation back to target levels. Yellen believes that the economy operating at full employment is a healthy sign, and that it is natural and desirable for the pace of growth to slow. The current U.S. GDP expansion rate is well above the non-inflationary growth rate, and Yellen mentioned that demand for labor is softening, which is helping to bring down core inflation.
Source: indiatimes.com