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Sensex rebounds from weekly fall on results

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Bloomberg Indian equities rose, with key indexes rebounding from a weekly decline, on better-than-expected earnings at the nation’s biggest software exporter and a weather office outlook that predicted a near-normal rainfall this year. The benchmark S&P BSE Sensex gained 0.4 percent to 38,905.84 in Mumbai, more than recouping last week’s 0.2 percent decline, its first weekly drop in eight. The ...

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Fed hints at another side of good-news story on US jobs

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Bloomberg It began as an inquest into what went wrong. Now the Federal Reserve’s policy rethink may be widening to include the part the central bank thought it had gotten right. Inflation keeps falling short of the Fed’s target, and that was the trigger for what’s supposed to be a months-long review of strategy. Now, policy makers are being drawn ...

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Trump slams Fed, says quantitative tightening is a killer

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Bloomberg President Donald Trump, renewing his attack on the Federal Reserve, claimed the stock market would be “5000 to 10,000” points higher had it not been for the actions of the US central bank. “If the Federal Reserve had done its job properly, which it has not, the Stock Market would have been up 5000 to 10,000 additional points,” the ...

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