ProbarGOLD- Free

Future economic indicators will decide Fed's next steps: UBS
The Business Guardian|December 20, 2024
The Federal Reserve's next steps on interest rates will be guided by economic data, according to a report by UBS.
Future economic indicators will decide Fed's next steps: UBS

While the major global markets reacted negatively to the change in rate cut cycles by the Fed for next year, the report noted that the Fed will continue to monitor the economic conditions and various data before taking any step.

It said, "We believe the Fed remains data-dependent, and future economic indicators will continue to play a significant role in shaping the US central bank's next steps."

The report noted that key indicators, such as the personal consumption expenditures (PCE) price index, will play a critical role in shaping the central bank's policy.

Esta historia es de la edición December 20, 2024 de The Business Guardian.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Future economic indicators will decide Fed's next steps: UBS
Gold Icon

Esta historia es de la edición December 20, 2024 de The Business Guardian.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE BUSINESS GUARDIANVer todo
Court To Hear Jama Masjid, Harihar Temple Case On March 5
The Business Guardian

Court To Hear Jama Masjid, Harihar Temple Case On March 5

A local court on Wednesday set March 5 as the next hearing date for the case concerning the Shahi Jama Masjid in Chandausi and its ongoing survey.

time-read
1 min  |
January 12, 2025
The Business Guardian

Dropout Aspirants Eligible for JEE, Says SC

The Supreme Court on Friday allowed petitioners who dropped out of their courses between November 5 and November 18, 2024, to register for the Joint Entrance Examination (JEE)-Advanced.

time-read
1 min  |
January 12, 2025
Govt Orders Probe Into 1976 Sambhal Riots Finally
The Business Guardian

Govt Orders Probe Into 1976 Sambhal Riots Finally

The Uttar Pradesh government has instructed authorities to reopen the investigation into the deadly Sambhal riots, which occurred 46 years ago, following a formal request for a fresh probe.

time-read
1 min  |
January 12, 2025
The Business Guardian

Court Detains 4 Indians Accused in Khalistani Leader's Killing

Four Indian nationals accused of murdering pro-Khalistan leader Hardeep Singh Nijjar remain in custody following mandatory detention orders by a British Columbia court.

time-read
1 min  |
January 12, 2025
Women Reservation Act: SC Refuses To Hear Pleas
The Business Guardian

Women Reservation Act: SC Refuses To Hear Pleas

The Supreme Court on Friday refused to entertain petitions challenging the delimitation provision in the Nari Shakti Vandan Act, 2023, which mandates one-third reservation for women in the Lok Sabha and state assemblies.

time-read
1 min  |
January 12, 2025
SC: Consolidating All Suits Benefits Both Sides
The Business Guardian

SC: Consolidating All Suits Benefits Both Sides

In the Mathura Shri Krishna Janmabhoomi Shahi Idgah Dispute Case, the Supreme Court on Friday expressed reluctance to interfere with the order of the Allahabad High Court to club all suits relating to the matter.

time-read
1 min  |
January 12, 2025
Two FIRs lodged by family members
The Business Guardian

Two FIRs lodged by family members

In a tragic turn of events, six devotees lost their lives and over 40 others were injured during the Vaikunta Ekadasi celebrations in Tirupati on January 8.

time-read
1 min  |
January 12, 2025
The Business Guardian

Uttarakhand HC orders Govt to file affidavit

The Uttarakhand High Court in adjudicating petitions contesting the Reservation Rules 2024 promulgated for the impending municipal elections, has mandated the state government to file a reply affidavit within a period of 4 weeks.

time-read
1 min  |
January 12, 2025
Short Working Hours Key to Healthy Life
The Business Guardian

Short Working Hours Key to Healthy Life

Longer working hours do not directly correlate with higher productivity, economic growth, and prosperity

time-read
3 minutos  |
January 12, 2025
Diet and lifestyle influence chances of age-related brain disorders
The Business Guardian

Diet and lifestyle influence chances of age-related brain disorders

The scientists at the Allen Institute for Brain Science have identified the molecular changes that occur in the brains of aging mice and located a hot spot where most damage is centralized.

time-read
1 min  |
January 12, 2025

Usamos cookies para proporcionar y mejorar nuestros servicios. Al usan nuestro sitio aceptas el uso de cookies. Learn more