Jerome powell

MUMBAI: The rupee dropped to a new intraday low of 80.12 in the interbank foreign exchange market on Monday, reacting to the US Federal Reserve chairman Jerome Powell's hawkish statements promising restrictive policy action to cool…

U.S. stocks closed lower on Monday, adding to last week's sharp losses on nagging concerns about the Federal Reserve's determination to aggressively hike interest rates to fight inflation even as the economy slows. Fed Chair Jerome…

U.S. stock indexes fell on Monday on worries over the Federal Reserve's plan to keep raising interest rates in its fight against inflation even at the cost of an economic slowdown. Fed Chair Jerome Powell said on Friday that the U.S.…

MUMBAI: Equity markets buckled under selling pressure on Monday as an intense sell-off emerged in IT, teck and banking stocks amid a bearish trend overseas following hawkish comments from the US Federal Reserve. A depreciating rupee and…

NEW DELHI: US inflation had reversed from a 40-year high level, commodity prices are falling and while many market participants expected an ultra-hawkish Fed commentary on Friday, no one could foresee Fed shifting its mandate totally to…

NEW DELHI: Investors' wealth fell by Rs 3.23 lakh crore in early trade on Monday in-line with the lacklustre trend in the equity market. The BSE Sensex tanked 1,466.4 points or 2.49 per cent to 57,367.47 in morning trade. Tracking the…

MUMBAI: Benchmark indices went into a tailspin in the opening trade on Monday as they tumbled over 2 per cent each, mirroring an extremely weak global market trends. The BSE benchmark Sensex tanked 1,220.76 points to 57,613.11 in early…

MUMBAI: The rupee depreciated 31 paise to an all-time low of 80.15 against the US dollar in early trade on Monday tracking the strength of the American currency and firm crude oil prices. At the interbank foreign exchange, the rupee…

MUMBAI: Indian government bond yields are expected to be higher in early trades on Monday, tracking a similar move in U.S. Treasury yields, after Federal Reserve Chair Jerome Powellsignalled more rate hikes to bring down inflation. The…

SINGAPORE: The US dollar surged to a 20-year high against a basket of currencies on Monday after Federal Reserve Chair Jerome Powellsignalled interest rates would be kept higher for longer to bring down soaring inflation. The dollar…