In recent times, central bankers have stressed the need to be nimble, humble even. Recent mistakes warrant some humility
The greenback hit a one-month low, while U.S. 10-year Treasury yields also edged lower as weakness in equities revived safe-haven demand for the debt
Snap set for worst day on record after profit warning; Abercrombie & Fitch slumps after lowering revenue outlook
With the S&P 500 flirting with a bear market last week and notching more than $1 trillion in losses, participants in the latest MLIV Pulse survey reckon there's more pain to come
Bernanke also offers some self-criticisms, including an acknowledgement that he failed to recognise how slowly the economy was emerging from recession after the emergency
Energy was the top performer, up 2.2%, followed by healthcare and technology sectors
The data from Value Research shows that conservative hybrid funds are down nearly 1.5 per cent; equity savings funds are down 1.9 per cent
The central bank has been intervening in all segments of the currency market, which has slowed the pace of rupee depreciation.
"What we need to see is inflation coming down in a clear and convincing way, and we're going to keep pushing until we see that," Powell said Tuesday during a Wall Street Journal live event
Experts said the advisory committee will help smoothen the implementation of key policies
In conversation with Sundar Sethuraman, he says foreign flows may move to some of the under-performing markets within the emerging markets (EMs)
Biden in a statement issued following Powell's confirmation said that he is pleased by the Senate's actions and that it will help move forward the administration's agenda to fight inflation
Chris Wood believes the best way to play Indian markets is the upswing in the Indian property/real estate sector despite the rate hikes by the Reserve Bank of India (RBI)
The dollar index, which measures the currency versus six rivals, was around flat at 103.92
The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation
The dollar's gains were set against sliding stockmarkets and sent it ahead against other havens, commodity currencies and emerging market currencies alike
In conversation with Sundar Sethuraman, Bhat says policymakers should usher in changes gradually, so that markets get a fair idea of what to expect
The acquisition is expected to cost around $10 billion (Rs 76,000 crore), including the open offers for the shareholders of both Ambuja Cements and ACC
On Wednesday, the US Federal Reserve announced a 50 basis points rate hike, the highest in 22 years, but ruled out a 75-bps hike in the future
Stocks tumbled on Thursday as investors fretted the Fed might need to take more drastic action to bring inflation under control