Markets see an 85 per cent chance of a quarter-point increase as hotter inflation and oil above $100 test Fed Chair Kevin Warsh's stance on rates and forward guidance
3 decisions, starting with the Federal Reserve on Wednesday and followed on successive days by peers in the UK and Japan, may recast the global monetary policy landscape for rest of 2026 and beyond
Lodha Developers was the top laggard in the Nifty Realty pack following a 7.56 per cent decline. Godrej Properties followed close behind as it declined 7.42 per cent.
The CME FedWatch tool signals that market participants are pricing in a 58 per cent chance of a hike, as against 45 per cent a month ago.
Markets expect Fed will boost borrowing costs in December as inflation remains elevated, while a sharp rise in bond yields indicates that investors are also pricing in some chance of a September move
A rate hike expectation should have taken the valuation below its historical average, as the earnings growth for the Nifty 50 has been below the historical average, says Khemka.
Markets expect the Fed will raise rates in December as inflation remains elevated, while a sharp rise in bond yields indicates that investors are also pricing in some chance of a September move
Fed Chair Kevin Warsh is under pressure to offer clearer guidance on interest rates and inflation at Jackson Hole, as investors assess sticky price pressures and the outlook for monetary policy
Warsh, who took over as Fed chair in May, has said he has "no tolerance" for inflation that has remained above the central bank's 2 per cent target for more than five years
BSE barometer Sensex jumped 827 points or 1.07 per cent in intraday deals to a high of 77,593. Its NSE counterpart, Nifty 50, added 218 points or 0.90 per cent to touch 24,203.
BofA Global Research expects the US Federal Reserve to raise rates three times in 2026, citing resilient economic data and expectations of a hawkish Fed under Kevin Warsh
Investors and many economists still expect the Fed to reduce interest rates later this year, but the watchword for policymakers for now may be caution until they are more certain inflation will fall
The Fed cut rates by 25 basis points on Dec. 18, although the central bank's predictions of fewer rate cuts in 2025 resulted in a decline in gold prices to their lowest level since Nov. 18 last week
A key pillar of support for the dollar has been the expectation that higher inflation under Trump will mean the Federal Reserve has less room to cut interest rates
US stocks on Friday ended lower after an early rally fizzled
At the same time, the labour market - the other part of the Fed's dual mandate - is still plugging along, albeit in a lower gear
Stock Market highlights on Tuesday, June 11, 2024: The BSE Sensex ended 33 points lower at 76,457, while the Nifty was up six points at close; Broader indices, however, settled with decent gains.
The rupee closed at 83.3725 against the US dollar on Friday, up 0.1 per cent for the week
The US Fed interest rate decision, domestic inflation data and global trends would be key driving factors in dictating movement in the market this week, as the Lok Sabha elections outcome and the RBI policy decision are behind us, analysts said. The past week was a roller-coaster ride for investors as markets swung sharply in both directions before closing with strong gains. In an eventful week, the BSE benchmark jumped 2,732.05 points or 3.69 per cent and the Nifty zoomed 759.45 points or 3.37 per cent. The 30-share BSE Sensex jumped 1,720.8 points or 2.29 per cent to hit a new record peak of 76,795.31 in day trade on Friday. The benchmark ended at a record high of 76,693.36, up 1,618.85 points, or 2.16 per cent. "Now the Lok Sabha elections and the RBI policy decision are settled, attention now turns to global factors. Key areas to watch include the US Fed interest rate decision, the rupee's movement against the dollar, crude oil prices and commodity prices. "Additionally, ...
The dollar was also lifted by rising Treasury yields after a lacklustre debt auction for sales