WASHINGTON – Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast with other Fed officials who have called for a more urgent approach. In remarks in Providence, Rhode Island, Powell noted that there are risks to both of the Fed’s goals of seeking maximum employment … Read more
India’s economy is enjoying a rare Goldilocks moment — strong growth coupled with subdued inflation. With GDP expanding 7.8% in Q1 2025 and inflation easing to multi-year lows near 2%, the macro backdrop appears highly supportive. According to Chirag Doshi, CIO – Fixed Income at LGT Wealth, this balance is likely to hold in the … Read more
Jackson Hole, Wyoming: Jerome Powell, the chair of the Federal Reserve, on Friday used a closely watched speech to send his strongest signal yet that the central bank is preparing to soon restart interest rate cuts, highlighting the labour market‘s vulnerabilities even as inflation accelerates. Powell held back from explicitly endorsing a reduction in borrowing … Read more
Asian equities traded within a narrow range after US stocks and bonds fell as traders pared back wagers on imminent Federal Reserve interest-rate cuts. Shares in Japan and Australia declined while South Korea advanced. Contracts for the Nasdaq 100 declined 0.1% after a report said Nvidia Corp. instructed component suppliers to stop production related to … Read more
“The payroll employment number is expected to bounce back, and as a result, I am not convinced that the Fed will actually cut rates. I know the markets think so, but I humbly and respectfully disagree,” says Ed Yardeni, Yardeni Research. Let me have your views on the upcoming Jackson Hole Symposium and what commentary … Read more
The dollar got off on the front foot on Wednesday following two days of gains as traders awaited the Federal Reserve‘s Jackson Hole annual symposium later this week for clues on the path for monetary policy. A speech on Friday by Fed Chair Jerome Powell is the main focus, with the market watching for any … Read more
“Given the rising inflation—and adding to that, the immediate concerns around tariffs and their potential impact on the economy—the RBI is adopting a cautious approach. While supporting growth is important and credit growth is not yet at the robust level we would like to see, the RBI has chosen to be cautious. That’s because inflation … Read more
“As a result, we expect heightened competition across sectors. More companies are entering new segments—be it wires, paints, cement, consumer durables, or FMCG. The government is making it easier to do business, and transportation costs are falling, which reduces overall business costs. Therefore, we believe earnings will face significant pressure, even though India’s macro and … Read more
“On the other hand, emerging markets are seeing deflationary trends. The US has gained full access to manufacturing markets like Indonesia and Vietnam, which are now being flooded with cost-effective US goods. That, combined with stronger currencies, means lower prices in these markets,” says Abhishek Banerjee, CEO, LotusDew Wealth.For the first time, we are seeing … Read more
“The Fed is supposed to be independent. It is not supposed to play politics and Trump is risking reducing the credibility of the Fed and which has an impact obviously on the bond market, on the currency markets, on all the financial markets by continuing to bash Powell,” says Ed Yardeni, Yardeni Research.Let us first … Read more