archiveeconomic slowdown

Currencies

Policymakers need to balance upward strain of rising prices due to tariffs, currency depreciation: RBI Bulletin

The Reserve Bank of India has said that the policymakers are now walking a tightrope, having to balance the upward strain of rising prices on account of tariffs and currency depreciation, as well as the downward pressure on inflation from economic slowdown, according to its bulletin. "Policymakers are now walking a tightrope, having to balance the upward strain of rising prices on account of tariffs and currency depreciation, as well as the downward pressure on inflation from economic slowdown," according to the document. Indian economy continues to demonstrate resilience as...
Stock Market

Nasdaq leads stocks lower, Nvidia falls over 3% as tech rout resumes ahead of Fed decision

As markets attempt to recover from recent sell-off action that's left the S&P 500 (^GSPC) and Nasdaq (^IXIC) in correction territory, one major catalyst this week could make or break a comeback: Wednesday's Federal Reserve policy decision. The central bank is expected to hold interest rates steady in the face of tariff uncertainties and recent growth concerns. But the simultaneous release of the Fed's quarterly forecasts, otherwise known as the Summary of Economic Projections (SEP), along with Fed Chair Jerome Powell's post-decision press conference, will be at the center of...
Currencies

Currencies Fluctuate Amid Trade Tension and Economic Slowdown Fears

The U.S. dollar faced a decline against the Japanese yen on Monday, driven by fears of an economic slowdown and ongoing uncertainty concerning the Trump administration's trade policies. Investors' mounting concerns were compounded by a notable selloff on Wall Street.While the greenback faltered against the yen, it showed resilience by strengthening against currencies like the euro, Swiss franc, and sterling, as traders took profits from recent currency gains. Meanwhile, Wall Street noted a steep decline, with a significant drop in the Nasdaq as tech sectors suffered.Interest rate movements were...