rate hike cycle

Dollar rebounds from two and a half month low after Fed minutes

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Dollar rebounds from two and a half month low after Fed minutes

LONDON: The dollar rebounded from two and a half month low on Wednesday as the minutes from the Federal Reserve’s last meeting hinted that interest rates would likely remain restrictive for some time, even as the rate-hike cycle appeared to be over. The Fed minutes showed the central bank would proceed “carefully” and that “all … Read more

stock: D-Street indices gain nearly 1% on Fed signal, fall in US bond yields

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stock: D-Street indices gain nearly 1% on Fed signal, fall in US bond yields

Mumbai: India’s stock benchmarks rose nearly 1% on Monday, mirroring the strength in global markets, which have begun pricing in the likelihood of the US Federal Reserve bringing an end to its rate hike cycle. The dip in US treasury yields below 4.5% on Friday – its lowest in five weeks – after the recent … Read more