FEDERAL RESERVE POLICY DECISIONS

Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs
An additional policy rate cut is expected before year-end, alongside recent GST simplifications indicating that peak fiscal consolidation is behind us. These factors, combined with domestic regulatory easing, are likely to foster a gradual recovery in credit demand, said a report by Goldman Sachs.

Fed's Musalem leans toward supporting October interest rate cut
St. Louis Federal Reserve President Alberto Musalem indicated a potential interest rate cut is on his mind. He stated he could support a reduction if job market risks appear and inflation stays under control. However, Musalem stressed the Federal Reserve should not follow a predetermined plan. His comments were made before a financial meeting.

Gold Price Prediction: Gold to reach $5,000 per ounce by 2026? Here's major bank forecasts, analysts insights, key drivers and market outlook
Gold price prediction reports from major banks, including HSBC and ANZ, indicate gold could reach $5,000 per ounce by 2026. Analysts cite geopolitical risks, U.S. Federal Reserve policy, and economic uncertainty as key drivers. Several financial institutions have raised their 2025 and 2026 gold price forecasts based on these factors.

Gold to hit $5,000/oz in 2026, HSBC says
HSBC on Friday raised its 2025 average gold price forecast by $100 to $3,455 per ounce, citing geopolitical tensions, economic uncertainty, and a weakening U.S. dollar, and projected prices could reach $5,000 in 2026.

Gold valued now at 7 times NVIDIA amid US-China tensions, becomes first asset in history to surpass $30 trillion market cap
Gold has reached an unprecedented $30 trillion market capitalization. This surge is fueled by investor demand for safe assets amidst global uncertainty and US-China tensions. Anticipation of Federal Reserve rate cuts is also a key driver. Experts predict further price increases, with some forecasts suggesting gold could reach $4,500 per ounce sooner than expected.

UPenn and USC join Brown and MIT in rejecting Trump’s proposal for funding preferences
In a significant move against federal influence, both the University of Pennsylvania and the University of Southern California have opted out of President Trump’s higher education initiative, which ties federal research funds to conditions like freezing tuition rates and capping international student enrollment. University administrators express apprehensions that such agreements could endanger academic freedom and compromise the independence of institutions.
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FHA loan access ends for H-1B visa holders and other non-permanent residents, squeezing them out of US housing market
The US government has stopped insuring FHA mortgages for non-permanent residents, including H-1B visa holders, effective May 25. This policy change, aligning with broader immigration restrictions, means only citizens and permanent residents now qualify for these loans. The move significantly reduces non-permanent residents' access to homeownership, impacting entry-level housing markets.
Rupee hits one-month high amidst Fed rate cut speculations and RBI intervention
The rupee surged to a one-month high of 87.82 against the dollar on Thursday, buoyed by a weaker dollar index and positive sentiment from equity markets and India-US trade talks. This rally followed suspected heavy RBI intervention on Wednesday, which helped the rupee trade above the 88/$1 mark for a second consecutive day.
Mortgage rates today: 30-year fixed slips to 6.21%, lowest in months — will rates drop even further or is now the time to lock in your loan?
Mortgage rates just dropped again. The average 30-year fixed mortgage rate in the U.S. now stands at 6.218%, its lowest level in nearly a year, according to Optimal Blue. That’s down 4 basis points from Monday and 7 basis points from last week, signaling fresh momentum in the housing market. With the Federal Reserve’s recent rate cut and inflation easing, experts say borrowers could finally catch a break. But the big question remains — will mortgage rates fall even further or is now the time to lock in?
U.S government is hiring again? Donald Trump signs executive order with exceptions
Donald Trump's executive order came as the U.S. President's hiring freeze, in place since January 20, expired. The terms of the new order indicate that the agencies will be hiring only with the approval of his political appointees.
Donald Trump terminates America's one of the most critical infrastructure projects. Here's why
Governor Kathy Hochul of New York said the Donald Trump administration's decision hurts roughly 15,000 construction jobs supported by both projects and threatens the broader region and beyond.
Scott Bessent says Fed should use large-scale asset purchases sparingly
U.S. Treasury Secretary Scott Bessent stated the Federal Reserve should use large-scale asset purchases sparingly, emphasizing it should not be "business as usual." He clarified this is not a call to shrink the Fed's balance sheet or abandon the ample-reserve system, but rather that each intervention has diminishing efficacy.
US-China trade tensions pose new risk to growth outlook, says US Fed's Stephen Miran
Renewed U.S.-China trade tensions pose new downside risks to the economic outlook, making it more important that the U.S. central bank cut its benchmark interest rate, Federal Reserve Governor Stephen Miran said on Wednesday.
Fed's Miran says renewed US-China trade tensions pose new risk to growth outlook: Report
New trade friction between the United States and China is raising economic concerns. Federal Reserve Governor Stephen Miran stated this situation makes it more urgent for the Fed to lower its benchmark interest rate. He noted a shift in outlook following China's announcement on rare earth minerals. Policymakers must acknowledge these increased downside risks and act swiftly to adjust policy.
US debt crisis hits record levels — is the US economy in danger? America’s $37.8 trillion national debt spirals out of control, interest payments top $1.2 trillion
America is facing a serious national debt crisis. US debt has soared to $37.8 trillion. Interest payments now exceed $1.2 trillion annually. Investors and global markets are watching closely. J.P. Morgan warns the Federal debt-to-GDP ratio is near 100% and rising. Temporary tariff revenues may help, but political decisions or an economic slowdown could accelerate the problem. Experts urge investors to diversify before slow debt growth turns into a fast-moving financial crisis.
Bessent will present 3 or 4 Fed chief candidates to Trump after Thanksgiving
As we approach the holiday season, President Donald Trump gears up for a significant decision as he prepares to interview candidates for the Federal Reserve leadership. Following Thanksgiving, Treasury Secretary Scott Bessent will recommend a shortlist of three or four individuals.
Stay away from US equities; US-China talks meaningless, says Andrew Freris
Ecognosis Advisory CEO Andrew Freris warns investors to stay away from overvalued US equities inflated by AI hype, calling US-China trade talks “meaningless” amid tariff turmoil. He says inflation pressures are tariff-driven, gold and Bitcoin aren’t true safe havens, and Asian markets — except India — offer stronger value amid global uncertainty and geopolitical tensions.
Sensex climbs over 300 pts, Nifty tops 25,250 as Fed rate cut hopes lift market sentiment
Indian stocks rebounded on Wednesday, ending a two-day decline as the Sensex and Nifty mirrored gains in Asian markets. Positive sentiment was fueled by increased expectations of a U.S. Federal Reserve rate cut and easing domestic retail inflation, suggesting a potential policy easing by the Reserve Bank of India in December.
US Fed chair Jerome Powell flags concern about sharp slowdown in job creation
US Federal Reserve Chair Jerome Powell warned Tuesday that risks to employment had risen in recent months, noting there had been a sharp slowdown of job creation in the world's leading economy. "In this less dynamic and somewhat softer labor market, the downside risks to employment appear to have risen," Powell said, noting that longer-term inflation expectations remained aligned with the Fed's target of two percent.
Jerome Powell NABE speech today: Will Powell lock in two Fed rate cuts or unleash fresh market chaos — the turning point for U.S. markets is here?
Jerome Powell NABE speech today could decide where markets go next. Investors are on edge. Will Powell confirm two more Fed rate cuts or warn of fresh inflation risks? Wall Street, the dollar, and Bitcoin all hang in the balance. Traders see a 97% chance of an October cut and 89% odds in December. But Powell’s tone matters most. A dovish signal could lift stocks and crypto. A hawkish twist could spark new chaos — the turning point for U.S. markets is here.
Mortgage rate today: Mortgage rates dip slightly, but homebuyers still waiting for big relief - when are rates coming down?
US mortgage rates today dipped slightly on October 14, 2025. The 30-year fixed mortgage averaged 6.30%, while the 15-year fixed stayed near 5.53%. The 5-year ARM hovered around 6.85%. Buyers hoped for bigger relief, but rates remain high. Treasury yields and Fed policy continue to influence the market. Experts warn that rates may decline gradually, with the 30-year fixed possibly falling to 5.9% by the end of 2026. Homebuyers and refinancers need careful planning now.
Mortgage rates today: October 13 — Will 30-year rates hit 5% soon? How would a 0.5% Fed rate cut change your mortgage cost?
Mortgage rates are moving again. Are you ready? The mortgage rate today for October 13, 2025, shows a slight dip. This is big news for homebuyers and refinancers. The average 30-year fixed mortgage rate now hovers around 6.34% to 6.40%. That’s lower than earlier this year. Homebuyers are asking: will rates drop to 5% soon? A 0.5% Fed rate cut could reshape monthly payments. Experts warn that even small shifts can affect affordability. If you’re planning to buy or refinance, now is the time to compare lender offers.
Gold and Silver Price Forecast: Gold toward $4,100 and silver above $50? Here's impact of fed policy, industrial demand, market reaction, geopolitical influence, technical analysis
Gold and Silver price forecast suggests both metals may move higher as the Federal Reserve turns dovish, signaling more rate cuts this year. The weaker dollar, strong industrial demand, and geopolitical tensions are expected to support gold near $4,100 and silver around $50 in the coming weeks.
Yen heads for sharpest weekly fall in a year as rate hike wagers recede
The yen is experiencing its steepest weekly fall in a year, driven by dwindling hopes of a Bank of Japan rate hike and political uncertainty. Meanwhile, the euro is near two-month lows due to French political turmoil, impacting budget stability. The dollar index has strengthened significantly as markets digest shifting central bank expectations and political risks.
US yields dip ahead of notes auction, Fed minutes
U.S. Treasury yields were flat to lower in early trading on Wednesday as markets awaited an auction of 10-year notes and the release of minutes from last month's central bank meeting.
Mortgage rate today: Can the President really change mortgage rates? Here’s how it impacts your home loan
Mortgage rate today, October 8, 2025, is inching lower. The 30-year fixed mortgage offers a small relief for homebuyers and those refinancing. While the President can’t set rates directly, policies on taxes, spending, and trade can influence them. The Federal Reserve still drives interest rates. If you’re planning to buy or refinance, today’s rate movements are worth watching closely.
Miran advocates faster rate cuts amid moderating inflation
Fed Governor Miran urged swift and aggressive U.S. rate cuts, citing calm bond markets, moderating inflation, and reliable government data, while emphasising democratic accountability and leadership in economic agencies.
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