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US Fed outcome. Markets would react to the Fed's interest rate decision and economic data to be released during the day. «The comments from Chair Jerome Powell will take the spotlight as it will provide insights into Fed’s next move. Also, investors would watch out for BOE’s interest rate decision to be announced on Thursday,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a positive start GIFT Nifty on the NSE IX traded lower by 33.5 points, or 0.17 per cent, at 19,218.50, signaling that Dalal Street was headed for positive start on Thursday.

Jerome Powell holds a press conference after the U.S. central bank made a decision on interest rates.

US Federal Reserve kept interest rates unchanged. Hopes that the US central bank is done with rate hikes fueled optimism among investors. The domestic equity indices ended lower on Wednesday, extending their losses for the second consecutive session.

Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that acknowledged the US economy's surprising strength, but also nodded to the tighter financial conditions faced by businesses and households. «Economic activity expanded at a strong pace in the third quarter,» the US central bank said in a policy statement after a two-day meeting in which officials unanimously agreed to leave the benchmark overnight interest rate in the 5.25-5.50% range where it has been since July. The language marked an upgrade to the «solid pace» of activity the Fed saw as of its September meeting, and followed on recent data that showed US gross domestic product grew at a 4.9% annual rate in the third quarter. Though markets think the Fed may be done raising its policy rate, with financial conditions tightening on their own through higher market-based interest rates, data pointing to a stronger-than-expected economy and labor market have kept the prospect of another hike on the table. The Fed's latest statement noted that with job gains still «strong» and inflation still «elevated», the central bank continues to consider «the extent of additional policy firming that may be appropriate to return inflation to 2% over time.» Fed Chair Jerome Powell will hold a press conference at 2:30 p.m.

Historically, a Santa rally happens in the weeks leading up to Christmas when a collective sense of goodwill bleeds into equity markets. This is typically a seasonal blip and nothing to write home about. But this year, we could see a far more significant rally as the United States Federal Reserve, the Securities and Exchange Commission and BlackRock line up to deliver a bonanza of holiday cheer.

Investing.com — Federal Reserve Chairman Jerome Powell answers reporters' questions following the FOMC's decision on interest rates. — Nov. 1, 2023

Investing.com — The oil bull has come up for gasping for air after October’s sinking of crude prices — and isn’t finding relief from a Federal Reserve indicating that current US interest rates may not be high enough to effectively curb inflation.

By Yasin Ebrahim

Blue chip cryptocurrencies have been choppy on Wednesday, with the US Federal Reserve just issuing its latest monetary policy decision, in which it decided to leave interest rates unchanged at 5.25-5.5% whilst leaving the door open to further interest rates hikes, should they be required.

US Federal Reserve announced its interest rate decision today after a two-day Federal Open Market Committee (FOMC) meeting and left the benchmark interest rates unchanged at 5.25 per cent - 5.50 per cent. The Fed's decision to keep its benchmark lending rate between 5.25 percent and 5.50 percent gives policymakers time to "assess additional information and its implications for monetary policy," the central bank said in a statement.

By Amruta Khandekar and Shashwat Chauhan

Following the European Central Bank (ECB)'s decision to conclude its string of consecutive interest rate hikes and maintain its rates at the current level, the financial world's attention has shifted to the Federal Reserve.

Investing.com — U.S. stocks are rising in early trading on Wednesday as investors await the latest Federal Reserve decision on interest rates later today.

₹22,850 crore worth of Indian shares so far in October, the most for any month since January. The Fed is widely expected to hold rates at its policy decision after the bell on Wednesday, but Chair Jerome Powell's commentary will be key. Any indication of rates remaining high for a prolonged period will weigh on IT stocks, which have already warned of weak spending by their US and European clients.

FreedomWorks senior economist Steve Moore provides insight on the state of the economy on 'Making Money.'

By Lawrence White

Investing.com -- Attention is fixed on the Federal Reserve's interest rate announcement on Wednesday, with investors expecting the central bank to keep borrowing costs steady. Comments from Fed Chair Jerome Powell will be in the spotlight following the decision as markets attempt to gauge where officials see policy heading in the future. Elsewhere, Advanced Micro Devices (NASDAQ:AMD) unveils its projection for 2024 sales of its key AI-optimized chip.

Nifty 50 today: Domestic equity benchmarks the Nifty 50 and the Sensex extended their losses into the second consecutive session on Wednesday, November 1, amid mixed global cues ahead of the US Fed policy outcome. Investors remained cautious as they fixed their focus on the US Fed outcome.

For the first time in nearly two years, the Federal Reserve is set Wednesday to keep its key short-term interest rate unchanged for a second straight policy meeting — the clearest sign to date that the Fed is edging closer to the end of its rate-hiking...

The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors

Wages and benefits grew at a slightly faster pace in the July-September quarter than the previous three months, a benefit to workers that also represents a risk to the Federal Reserve’s fight against inflation