US ECONOMY
Oil prices up in thin pre-Christmas trade
Oil prices increased on Tuesday, fueled by positive U.S. economic data and growing oil demand in India. Brent crude futures rose to $72.95 a barrel, and U.S. West Texas Intermediate crude futures climbed to $69.53 a barrel. Demand for U.S. manufactured goods and homes strengthened, suggesting robust economic conditions. Rising oil imports by India further supported the market.
US economy under Donald Trump faces 'uncertain times' in 2025? Why are experts expecting 'bad'
Donald Trump is set to take charge as the US President on January 20, 2025. All eyes are on the Republican President-elect's policies as the state head of the United States of America.
Is the US on a path toward financial ruin?
Robert Burgess and Clive Crook discuss the implications of rising US federal debt. Burgess emphasizes the broader economic context and the dollar's strength, while Crook expresses concern about the debt trajectory and potential market revolt. They explore factors influencing investor confidence and the potential need for fiscal adjustments.
Brace! Risks stack up for the global economy in 2025
The global economy faces new challenges in 2025 after a brief post-pandemic recovery. Voter dissatisfaction with the cost of living crisis, potential trade wars under a Trump presidency, and geopolitical conflicts threaten stability. These issues compound existing concerns like climate change and economic stagnation, creating uncertainty for the coming year.
FPIs log Rs 21,789 crore inflows in December so far, reversing months of outflows
In early December, 83% of FPI inflows targeted financial services (Rs 7,424 crore), IT (Rs 6,754 crore), and real estate (Rs 4,689 crore). Meanwhile, FPIs offloaded Rs 5,337 crore in oil and gas, Rs 1,823 crore in auto, and Rs 1,655 crore in FMCG stocks.
Donald Trump, Inflation, Economic uncertainty - Why are US Fed policymakers worried?
US Federal Reserve policymakers have underlined the importance of Donald Trump's policies as the US President.
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US consumer spending rises in November; monthly inflation subsides
U.S. consumer spending rose 0.4% in November, bolstering the economy and influencing the Federal Reserve's interest rate projections. This strength, fueled by robust job growth and healthy household finances, contributed to a 3.1% GDP growth in Q3. While the Fed cut rates, it anticipates fewer reductions in 2025 than previously predicted, citing the economy's resilience and persistent inflation.
ET Exclusive | Don't think US will go hammer and tongs against India on tariffs: Former RBI governor Raghuram Rajan
Raghuram Rajan discussed global economic concerns. He highlighted worries about election promises of cash transfers. He spoke about US tariffs and their impact on India. He mentioned the potential of AI and challenges from protectionism. The former RBI Guv also discussed the need for India to focus on high-skilled services.
Asian stocks fluctuate after downbeat US session
Shares slid in Australia and South Korea while Hong Kong equity futures dropped. Stocks in Japan edged higher after the yen weakened. US contracts slipped after the S&P 500 ended marginally lower Thursday, on pace for its worst week since September. The Nasdaq 100 dropped 0.5%.
What could go wrong for the US economy in 2025? Here are 6 things to note
The current US stock market scenario is seeing some interesting phenomena, some of which have not occurred in the last 100 years, if the latest reports are to be believed. What is in store for the US stock market's future in 2025? Here's what market predictions say
India is 'highest tariff' major economy: US Ambassador Garcetti
US Ambassador Garcetti addressed the US-India Business Council, emphasizing the need for India and the US to reduce tariffs to bolster bilateral trade. He acknowledged India's status as a high-tariff economy and urged more open dialogue on trade barriers, citing the tenfold trade growth since 2001 as evidence of untapped potential.
Trump, not yet in office, looms over global economy
Central banks worldwide, including the Federal Reserve, are expressing caution in response to the incoming Trump administration. The Fed, while cutting rates, signaled fewer cuts than previously projected due to inflation concerns and uncertainty surrounding Trump's policies. Other central banks, from Japan to Europe, echoed this cautious sentiment, citing potential trade disruptions and policy shifts under Trump.
US economy entering much more uncertain phase than Recession? What does Fed rate cut tell us?
US Fed rate cut announcement has hogged all the headlines as analysts make predictions about the outlook.
Donald Trump's this move could hurt US more than the Great Recession? What we know
A report by Democrats in the Congressional Joint Economic Committee has expressed concerns about Donald Trump's mass deportation plan. Trump has vowed to deport millions of illegal immigrants but report says this could hurt the US economy more than the Great Recession. The report emphasizes immigrants' vital economic contributions and urges immigration reform instead of deportations.
Decision Day Guide: US Federal Reserve set to deliver third-straight interest rate cut
The Federal Reserve is poised to lower borrowing costs for the third consecutive meeting, but signals fewer cuts in 2024 due to a resilient US economy. Stronger-than-anticipated economic data, including slower-than-expected inflation decline and a robust labor market, may lead to an upward revision of the projected borrowing costs path.
US hasn¡¯t experienced this in over half a century: JP Morgan chief Jamie Dimon says, the world's largest economy is heading for a stagflation, should you be worried?
JP Morgan chief Jamie Dimon has recently dropped in a shocking statement, claiming that the United States is slowly heading towards a stagflation, even though the current state of the US economy is still being reported as healthy. What exactly is going on?
This move by Donald Trump could be worse than the Great Recession, if you are an investor take note
As of now, there is strong concern about the future of the American economy after Donald Trump decides to implement his plan of mass deportations, and reports suggest that the state of the economy could be even in a worse state than that of the Great Depression
Softbank eyes $100 billion investment in US projects over next 4 years
Trump announced the planned investment Monday at his Mar-a-Lago resort with Son at his side, along with Howard Lutnick, head of investment bank Cantor Fitzgerald and Trump's pick for commerce secretary.
Fed faces important choice post this cut
Markets are pricing in a more than 90% probability of a 0.25-percentage-point cut in the Fed funds rate this week. Officials are likely to pencil in higher "dot plots" for rates, notwithstanding the dispersion in forecasts among them, together with a move up in the terminal rate closer to what the market expects. Finally, while Chair Jerome Powell will not close off his options for January completely, he is expected to signal at his press conference that the central bank will stand pat when the Federal Open Market Committee meets next month.
US economy is getting closer to recession, hints THIS Treasury yield factor
Recession in the US economy may become a reality, according to the closely watched part of the Treasury yield curve for stipulated period.
Going against the herd: SocGen's big warning, says U.S is heading for a big recession
SocGen or Soci¨¦t¨¦ G¨¦n¨¦rale has made a bold prediction regarding the health of the US economy. They have claimed that a recession is likely to engulf the world's largest economy.
Asian stocks rise on optimism over China stimulus
Australia's central bank is expected to leave its cash rate on hold at 4.35% later in the day. Overnight the S&P 500 fell 0.6% and futures dipped 0.1% in the Asia morning.
Charting the global economy: French government topples
France's government collapsed after a no-confidence vote, fueled by a far-right and left-wing alliance. Meanwhile, US job growth increased but unemployment rose. Germany's industrial production fell, and China imposed export restrictions on certain materials to the US. Global economic risks are also escalating, according to the OECD.
United States and Philippines losing billions through weather perils, here's what is alarming about this
There are major chances of some serious economic losses in some Western countries, including the United States as well as multiple Asian countries, and the reason for the same could be climate change, as per reports by one of the world's largest insurance companies
Rate cut bets boost stocks as Bitcoin stalks $100,000
Over the past week and a half markets have all but priced in an extra U.S. rate cut for 2025 and the implied chance of a cut in December has lifted from even to around 75%.
US economy grew slightly in recent weeks, Fed survey says
The Federal Reserve's "Beige Book" reported slight economic expansion, subdued employment growth, and modestly rising inflation. Businesses remain optimistic about future demand. The Fed is considering further interest rate cuts, despite persistent inflation, with a decision expected in two weeks. A key inflation measure remains above the Fed's target, but policymakers believe it is declining.
Jerome Powell says Fed can afford to be a little more cautious
Federal Reserve Chair Jerome Powell indicated support for a slower pace of interest rate cuts, citing a stronger-than-expected U.S. economy. While some officials lean towards another cut, Powell's cautious stance aligns with others who prefer to wait for more data on inflation and employment before deciding.
Asian stocks rise as traders await data, Fedspeak: Markets wrap
Asian stocks gained following Wall Street's record highs driven by tech companies. The S&P 500 hit its 54th record close of 2024, while the Nasdaq 100 rose over 1%. Economic data and Fed remarks this week could influence interest rate decisions, with a focus on Friday's US payroll report.
What happens with the new Trump Sarkar in place?
Donald Trump's presidency creates economic uncertainty. His policies are unpredictable. He might impose tariffs, cut government spending, and change immigration policies. These actions could affect US GDP, employment, and inflation. The Federal Reserve, interest rates, and currency could also be impacted. Global markets, including India, will be watching closely. Geopolitical uncertainty adds to the complexity.
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