1. “Google’s Alphabet Inc. to Launch Major Capital Raise” - Reuters, April 12, 2019 2. “The Fed is Expected to Cut Interest Rates This Year” - The Wall Street Journal, April 12, 2019 3. “Why Investors Should Be Mindful of Rising Interest Rates” - CNBC, April 11, 2019 4. “Why the Boom in Interest Rates Might Be Short-Lived” - Financial Times, April 10, 2019 5. “Interest Rates Set to Rise, But How High?” - Bloomberg, April 9, 2019 6. “Interest Rate Increases are Here to Stay” - The New York Times, April 8, 2019 7. “What You Need to Know about Rising Interest Rates” - MarketWatch, April 7, 2019 8. Video: “How Rising Interest Rates Will Impact Your Finances” - CNBC, April 6, 2019
Indian equity benchmarks Nifty and Sensex are likely to start Friday's session on a positive note, tracking strength across most other major markets globally as investors pinned hopes on the progress on the bill to raise US debt ceiling and grew optimistic that the Fed might hold key interest rates in its next meeting. Get more Stocks News and Business News on Zee Business.
US stock market news: The Nasdaq and S&P 500 surged to nine-month closing highs on Thursday as signs of slowing wage pressure raised hopes the Federal Reserve will pause hiking interest rates and investors cheered a vote in Congress to suspend the U.S. debt ceiling. Get more Global Markets News and Business News on Zee Business.
On the surface, last month’s performance of the stock market as measured by the S&P 500 index (+0.3%) seemed encouraging, but rather pedestrian. Fears of sticky-high inflation, more potential Federal Reserve interest rate hikes, contagion uncertainty surrounding a mini-banking crisis, along with looming recession concerns led to a -3.5% monthly decline in the Dow Jones…
David Price of Richmond Fed intereviews Prof Daron Acemoglu of MIT. EF: How did you become interested in economics? Acemoglu: I became interested in economics when I was in high school and coming of age in Turkey, which was under a military dictatorship at the time. The country was having a lot of economic problems, including…
Philadelphia Fed President Patrick Harker recommended a pause in interest rate hikes at the upcoming FOMC meeting, stating, "It's time to at least hit the stop button for one meeting and see how it goes."
Let's dive into the latest developments shaping the global economic landscape. Good news first: the threat of an unprecedented US debt crisis has receded, as US lawmakers passed a bill to raise the debt ceiling and avoid a catastrophic default. Phew! But don't pop the champagne just yet, because storm clouds are still looming. High inflation, rising interest rates, and sluggish growth are challenges that have yet to disappear. Economic growth in the US and China, the world's top two economies, shows signs of stuttering. China's recovery is losing steam, impacting Germany's hopes for an easy exit from its downturn. A slowdown in Europe's largest economy spells trouble for the rest of the region, which narrowly avoided a recession earlier this year. Inflation remains uncomfortably high, prompting central banks to consider further interest rate hikes. These developments have the potential to weigh on consumer spending and business investment. Buckle up, folks, as we navigate these uncertain times and keep a close eye on their impact on forex markets. Stay informed and trade wisely!