More Fed officials open to faster bond-buying taper, faster rates liftoff

A growing number of Federal Reserve policymakers indicated that if high inflation persists and moves more quickly to raise interest rates, they would be open to ending their bond-buying program, as indicated by Shown in the minutes of the US Central Bank’s previous policy meeting. The readout released on Wednesday was the latest sign that … Read more

Dollar’s rally may further dampen investor confidence next week

Mumbai: The domestic equity market is likely to see more selling pressure next week amid a firming US dollar, the start of the US Federal Reserve’s bond-buying program and higher valuations. Indian equities have come under pressure for their rich valuations, with five leading foreign broking houses downgraded their outlook on the market in the … Read more