Information received since the Federal Open Market Committee met in August indicates that the labor market has continued to strengthen and that economic activity has been rising at a strong rate. Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low. Household spending and business fixed investment have grown strongly.
central bank
Breaking News : Goldman Sachs Thinks The Market is Wrong About Fed Chair Powell, and That Could Mean 4 Rate Hikes in 2019
Judging by a key speech he delivered last week, the market believes it has a Federal Reserve chairman who will take a more measured pace when it comes to interest rates.
Stocks To Watch: Bajaj Finance, Bajaj Finserv, Central Bank, JSW Steel, Tata Steel
Gold Silver Reports (GSR) – Stocks To Watch: Bajaj Finance, Bajaj Finserv, Central Bank, JSW Steel, Tata Steel — Stocks To Watch In Thursday’s Trade
📌 Divi’s Labs says U.S.FDA completes inspection of unit 1 at Telangana with no observations under Form 483
📌 Transport Corporation to hive off cold chain unit
Nifty Futures Indicate Stock Losses; TCS In Focus After Strong Q4
Gold Silver Reports (GSR) – Nifty Futures Indicate Stock Losses; TCS In Focus After Strong Q4 — Central bank deputy governor Viral Acharya said he is likely to shift decisively to vote for a beginning of “withdrawal of accommodation” at the June meeting.
RBI delaying year-end bonuses to the heads of top private banks — HDFC, ICICI and Axis Bank
Gold Silver Reports (GSR) – RBI delaying year-end bonuses to the heads of top private banks — HDFC, ICICI and Axis Bank — Chief executive officers at HDFC Bank Ltd., ICICI Bank Ltd. and Axis Bank Ltd. —the nation’s largest private lenders by assets — are among bankers yet to receive bonuses for the financial year ended 31 March 2017, as the Reserve Bank of India hasn’t signed off on the proposed payments, the people said, asking not to be identified as the information is private. They declined to give further details. Business Standard newspaper had previously reported the delays.
RBI says Examining Enforcement Action; PNB Fraud Case
Gold Silver Reports (GSR) – RBI says Examining Enforcement Action; PNB Fraud Case — Replying to an RTI query, the central bank also said it has been issuing necessary instructions to banks from time to time on a variety of issues of prudential supervisory concern, including the management of operational risks inherent in the functioning of banks.
Bitcoin Looks like Bubble, New Zealand’s Central Banker Warns
Gold Silver Reports – Bitcoin spectacular gains look like a speculative bubble and the cryptocurrency is too unstable to be useful in the future, New Zealand’s central banker said.
What the Central Banks are Saying About Cryptocurrencies
Gold Silver Report – Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies.
Donald Trump Nominates Fed’s Jerome Powell to Lead US Central Bank
Gold Silver Reports – US President Donald Trump on Thursday tapped Fed governor Jerome Powell to become head of the US central bank, promoting a soft-spoken centrist to replace Janet Yellen when her term expires in February 2018.
Banking Sector Burdened by Increasing Bad Loans
Gold Silver Reports — India’s under-capitalized lenders should be restricted from expanding deposits and loans to help revive the banking sector burdened by increasing bad loans, a deputy governor at the nation’s central bank said.