Rupee to weaken past 86/USD on hawkish Fed outlook – The Economic Times

The Indian rupee fell above $86 to the dollar for the first time on Monday after strong U.S. jobs data reaffirmed expectations that the Federal Reserve will not cut interest rates significantly this year. The rupee opened at a record low of 86.2050 rupees, falling from Friday's 85.9650 rupees. U.S. employers added 256,000 jobs last […]

Inflation Expectations Surge, Pulling Down Consumer Sentiment, Casting Doubt on Fed Policy

U.S. consumers' inflation expectations soared in January, according to a new study from the University of Michigan, calling into question the Federal Reserve's decision to cut interest rates three times late last year. The survey results suggest that although consumers feel their personal financial situation has improved slightly, they are increasingly concerned about rising prices […]

Fed expected to pump brake on rate cuts in 2025 as Trump policies stir concern

Fed officials at their Dec. 17-18 meeting expected to reduce the pace of interest rate cuts this year in the face of persistently rising inflation and the threat of widespread tariffs and other potential policy changes. . Minutes of the meeting, released after a typical three-week delay, also showed clear divisions among the Fed's 19 […]

Gold price moves away from multi-week high on hawkish Fed expectations – FXStreet

Gold prices fell for the second day in a row on Monday, but the downside appears to be limited. The Fed's hawkish signals continue to support and put some pressure on US Treasury yields. Geopolitical risks and trade war concerns may continue to support the safe-haven XAU/USD. Gold prices (XAU/USD) failed to capitalize on Monday's […]

‘Americans Are Not Safe’: ‘The Five’ Guest Demands ‘Results’ After New Orleans Attack, Slams Fed Govt’s ‘Failure’

Tyrus, a guest co-host on Fox News, on Thursday demanded that Americans get “consequences” from authorities over the New Orleans bombing and accused the federal government of an “absolute failure.” Since the first assassination attempt on President-elect Donald Trump in July, the FBI and the Biden administration's Department of Justice (DOJ) have faced increased scrutiny […]

Dollar stands tall in 2024, propped up by cautious Fed, Trump trade – Yahoo Finance

Written by Uncle Banerjee SINGAPORE (Reuters) – The dollar held firm in the final trading day of the year, with investors bracing for a narrower U.S. interest rate cut and policies from the incoming Trump administration, with investors on track for big gains in 2024 against most currencies. I was ready. The dollar's strength, supported […]