Federal Reserve Chair Jerome Powell hinted at the central bank's growing confidence in considering interest rate cuts, stating they are "not far" from the needed assurance that inflation is sustainably moving towards the 2 per cent target, Bloomberg reported on Thursday.

Fed Chair Jerome Powell signals potential interest rate cuts. Here are the details

US regulators are reportedly gearing up for a huge reduction in the additional capital requirements that banks must maintain under the proposed "Basel III" rule.

US regulators poised for significant cut in Basel capital demands amid intense Wall Street opposition

In a peek into the Federal Reserve's recent discussions, the minutes of the January meeting have unveiled a predominant concern among policymakers about the potential risks associated with cutting interest rates too soon.

Federal Reserve treads cautiously on rate cuts amid economic uncertainty

The US dollar surged to three-month highs on Tuesday, propelled by robust inflation data that exceeded economists' expectations for January. According to Reuters, the Consumer Price Index (CPI) reported a 0.

US dollar hits 3-month high on strong inflation data, surpasses 150 yen mark

After recent strong jobs and growth data saw markets push back bets on the timing of federal reserve interest rate cuts, all eyes will be on Tuesday's US inflation report for January.

US January inflation data expected this week

In a twist for the fixed-income market, uncertainty is making a comeback after the Federal Reserve's recent statements and robust economic data threw a curveball into expectations.

Uncertainty looms over US treasury market as Fed signals caution

Federal Reserve Chair Jerome Powell conveyed a message of caution in deciding when to cut the benchmark interest rate, emphasising the importance of prudence in a Sunday night interview with CBS's "60 Minutes.

Federal Reserve Chair Powell signals prudence in considering rate cuts amid strong economy

Monday brought a uncertain start for Asian shares as China's central bank surprised markets by abstaining from a rate cut, leaving investors on edge ahead of crucial economic data, Reuters reported.

Asia stocks waver as China opts against rate cut: Report

The US dollar hit a five-month low against the euro and a basket of currencies on Wednesday, driven by expectations that the Federal Reserve might consider cutting interest rates.

Dollar slides to 5-month low against Euro as Fed signals possible rate cuts

In World Business Watch insights on Inflation took a favourable turn in 2023, major central banks shut the books on rate hikes in 2023, and watch the video to know more!

2024 View: Hope for interest rate cuts

Foreign investors are set to channel significant capital into Taiwan stocks in November, creating a record-setting inflow of $8.2 billion on a net basis, Bloomberg reported on Thursday.

Taiwan stocks ride high with record inflows as tech optimism surges

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Instagram reels reshape beauty, fashion shopping landscape in India: Meta GWI Beauty Report According to a new Meta GWI Beauty Report for 2023, Instagram Reels have a significant influence on Indian consumers' decisions about beauty products.

Wion Business Wrap | Instagram reels reshape beauty, OpenAI's $86 bn valuation in limbo & more

As we kick off the busy trading week, here's a sneak peek into what could trigger markets this week. Focus intensifies on the U.S. Federal Reserve, set to release the minutes of its late October meeting a day earlier due to Thanksgiving.

Traders' Diary | Cues to watch this week (Nov 20-24)

U.S. consumer prices remained unchanged in October, signalling a potential easing of concerns over rising inflation and leading to renewed hopes that the Federal Reserve might halt further interest rate hikes.

Slowing US inflation fuels optimism as Fed rate hike concerns subside: Report

The US Economy has embarked on a new phase in the last two weeks, prompting a closer look at data to validate this narrative. The Federal Reserve's potential completion of its rate-hiking cycle is gaining momentum, with the upcoming week expected to provide more confirming data. Notably, there's a growing likelihood of rate reductions in 2024, marking a crucial aspect to watch.

Five key points to monitor this week in US economy

The United States is witnessing the most substantial economic expansion in nearly two years, fuelled by a resilient job market, increasing wealth, and easing inflation.

Robust US economic growth presents dilemma for Federal Reserve: Report

Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has expressed optimism about the possibility of the United States avoiding a recession, even as the central bank continues to raise interest rates in an effort to combat inflation.

Federal Reserve official highlights "golden path" to avert recession amidst rate hikes

The Institute of International Finance (IIF) said on September 19 that markets like the United States and Japan were driving the hike in global debt, which reached a record high of $307 trillion in the second quarter of the year despite rising interest rates restricting bank credit, Moneycontrol reported.

Global debt reaches record high of $307 trillion, as debt ratios are rising: IIF

Despite more than five percentage points in interest rate hikes, the Federal Reserve has seen little evidence of a downturn in US demand. Central banks need to consider the effects of their policies on the supply side of the economy, an idea that has recently gained traction among policymakers and fed observers.

The Fed's policy paradox: Balancing interest rates and demand

In the likely case of a federal government shutdown anytime after funding run out on September 30, Goldman Sachs Group Inc. predicts a short-term impact to the US economy, followed by a comeback.

Goldman Sachs predicts US GDP and markets to withstand expected government shutdown

It is late August, meaning that the annual conference of the Kansas City Fed, which will be attended by leading central bankers from all around the world is to take place in Jackson Hole.

All eyes now on Federal Reserve Chief Powell in Jackson Hole: Report  

U.S. banks have tightened their lending standards for both businesses and households in the second quarter of 2023, and they anticipate maintaining this cautious approach for the rest of the year, according to a survey conducted by the Federal Reserve and cited by Bloomberg.

Cash flow slowdown: U.S. banks turn cautious on lending in 2023

In an expected but significant turn of events, the US Federal Reserve recently raised the interest rate benchmark range to a staggering 5.25 percent - the highest in over two decades.

Decoded: How the Federal Reserve's war against inflation impacts the US markets

The U.S. Federal Reserve on Wednesday raised the interest rate by 0.25 percentage points to 5.5 percent. This is the highest interest level seen in the last 22 years.

Federal Reserve raises rates, Powell hints at another hike in September

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