US FED POLICY
Trump, Powell met Monday at White House to discuss economy
The Fed announced that they met “to discuss the economy, growth, employment and inflation.”
Trump says 'cordial' talk with Fed's Powell covered negative interest rates, trade
Just finished a very good & cordial meeting at the White H...
Fed chief Powell says 'sustained expansion' likely for US economy
The baseline outlook remains favorable, and the current level of interest r...
FII flows, Fed minutes, Aramco IPO among key factors that will guide D-Street this week
Initial public offer for Saudi Aramco opens for subscription on Nov 17 for institutional investors.
Fed says US financial system resilient; flags low rates, 'stablecoin' as risks
Business credit has continued to grow faster than the economy.
US no longer believes Israeli settlements are illegal: Mike Pompeo
Explaining the reasons behind the decision, Secretary of State Mike Pompeo said the US recognises - as have Israeli courts - the legal conclusions relating to individual settlements must depend on an assessment of specific facts and circumstances on the ground.
North Korea ‘no longer interested’ in summits with US
The statement on Monday by Foreign Ministry adviser Kim Kye Gwan is the latest call by North Korea for US concessions ahead of an end-of-year deadline set by Kim Jong Un for the Trump administration to offer mutually acceptable terms for a deal to salvage nuclear diplomacy. Trump in a tweet urged Kim Jong Un to “act quickly, get the deal done” and hinted at another summit.
How FedEx cut its tax bill to $0
The public face of its lobbying effort, which included a tax proposal of its own, was FedEx’s founder and chief executive, Frederick Smith, who repeatedly took to the airwaves to champion the power of tax cuts. “If you make the United States a better place to invest, there is no question in my mind that we would see a renaissance of capital investment,”.
Add alpha generators, but don’t ditch the Nifty cos yet: Mahesh Patil
Despite downgrades, earnings growth this year is still at around 15%, says Mahesh Patil.
Oil rises on decline in US crude stocks, Fed comments on economy
U.S. crude inventories fell by 541,000 barrels in the week to Nov. 8 to 440 million.
S&P 500, Dow retreat from record levels as Home Depot, Kohl's weigh
Six of the 11 major S&P 500 sectors were lower, with the consumer discretionary index's 1% drop weighing the most.
Fed chief Powell pushes back on negative interest rates
Powell's opening statement, in fact, emphasized that even after a year in which many market analysts saw a rising risk of a US recession, the Fed's outlook is for continued growth.
Oil recoups losses as Opec, US Fed see robust economy
Brent crude futures stood roughly flat at around $62 per barrel by 1450 GMT, having fallen by over 1% earlier in the day.
Wall St slips as trade deal doubts return
Seven of the 11 major S&P 500 sectors were lower, with the energy sector leading declines after a fall in oil prices.
Trade truce unlikely in 2020 but US recession fears recede: Poll
Asked about the Fed’s next interest rate move, 55 of 75 economists said it would be a cut.
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