Wednesday, 18 May, 2022
TopicFederal Reserve

Topic: Federal Reserve

US Fed ramps up inflation fight in economy tough enough to cope

Fed kicks off rate hike campaign that’s set to be the most aggressive since the mid-2000s. Chair Jerome Powell assures Americans this won’t tip the US economy into recession.

Why Federal Reserve should keep steady despite surge in inflation

Investors are pricing in a somewhat faster rise in interest rates this year, and the Fed must take its cue. Open-mindedness, patience and gradualism remain the right strategy.

Fed does what’s expected, not what’s needed

Federal Open Market Committee signaled it would start a rate-hiking cycle soon, follow with gradual reduction in its balance sheet, and end its asset-purchase program by early March.

Foreigners cash out of key Asian emerging markets ahead of Federal Reserve meet

Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea and India this week. That follows $4.9 billion of withdrawals last week, highest since August.

Gold holds decline as bond yields climb on expected Fed rate hikes

Gold is holding above $1,800 an ounce after dropping for the first time in three years in 2021 as central banks globally started dialing back on pandemic-era stimulus.

Why RBI must stick to fundamentals amid global churn to ensure macroeconomic stability

More and more central banks are shifting their focus back to inflation even as growth recovery remains nascent. In this environment, RBI should avoid drastic policy responses.

As US Fed tapers bond purchases, India must avoid drastic policy responses to limit spillover

India was among the most affected countries when the Federal Reserve slowed down bond purchases in 2013, known as ‘taper tantrum’, which put pressure on the rupee.

Why higher inflation could be India’s next big worry amid worsening Covid crisis

Higher global inflation, rising commodity prices, a weaker rupee and local lockdowns could bring in higher prices.

Why it’s the Fed, and not the White House, that matters most for Asia’s economic rebound

From inside the walls of Federal Reserve Building, a massive exercise in financial stabilization provided the most important foundations for Asia’s rebound from Covid-induced slump.

Sensex plummets over 2,000 points, Nifty falls below 9,400 after Fed rate cut

Faced with an economic shutdown amid the coronavirus pandemic, the US Fed has made its second emergency rate cut in less than two weeks.

On Camera

YourTurn

Chinese President Xi Jinping | Representational image| kremlin.ru

Chinese economy is feeling the heat. Blame Xi’s political Lysenkoism, vaccination policy

Smarting from the failures of his Great Leap Forward campaign, which hit the economy hard, Mao launched the 1962 war with India to rally the nation behind him.
File image of Tata Group's headquarters in Mumbai | Photo: Dhiraj Singh | Bloomberg

Tata in acquisition talks with as many as 5 brands, to bolster position in consumer goods sector

The conglomerate will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani’s Reliance Industries.

Defence

Satellite image of the development on the site | Twitter | @detresfa_

China building ‘bigger, broader’ 2nd bridge at Pangong Tso that can carry armoured columns

China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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