Page 2 - Fed Rates

Wall Street falls sharply as Fed signals slower rate cuts next year

For the Dow it was its tenth consecutive daily loss, marking its longest losing streak since 1974 and its biggest daily percentage decline since early August

Gold prices stall ahead of Fed rate decision, focus on 2025 outlook

Markets are pricing in a 95.4% chance of a 25 basis points cut in this meeting, expected to be announced at 2 p.m. EST (1900 GMT), according to CME's FedWatch tool

US Fed set to cut key rate but consumers might not benefit anytime soon

Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, auto loans and credit cards. The Fed is set to announce a quarter-point cut to its benchmark rate, from about 4.6% to roughly 4.3%. The latest move would follow a larger-than-usual half-point rate cut in September and a quarter-point reduction in November. Wednesday's meeting, though, could mark a shift to a new phase in the Fed's policies: Instead of a rate cut at each meeting, the Fed is more likely to cut at every other meeting at most. The central bank's policymakers may signal that they expect to reduce their key rate just two or three times in 2025, rather than the four rate cuts they had envisioned three months ago. So far, the Fed has explained its moves by describing them as a recalibration of the ultra-high rates that were ...

Asian stocks rise on Fed cut hopes, Aussie soars on strong jobs data

The Australian dollar surged after employment data topped estimates by a wide margin

Gold prices inch higher on Fed rate optimism with US data due in December

UBS said it expects the Fed to cut by 25 basis points in December, followed by another 100 bps of easing through 2025

Jerome Powell signals readiness to defy Trump in Federal Reserve's defence

The comments, just two days after Trump's re-election, portend the power struggle that may lie ahead between the central bank and a president who insists he should have a say on interest-rate policy

Federal Reserve cuts key interest rate by 25 bps to support economy

Officials voted unanimously to lower the federal funds rate to a range of 4.5% to 4.75%. The adjustment follows a larger, half-point cut in September

Fed's Williams says appropriate again to cut rates 'over time': Report

On Friday, government data showed an unexpectedly strong job market, which called into question widespread concerns the labor sector was weakening

Indian bond yields expected to inch up as 10 year US yield tops 4%

Expectations of a 25 bps cut in November are at 88 per cent, while bets of no cut rose to 12 per cent from less than 10 per cent a day ago

From auto to banks to IT: Analysts pick top sectors after US Fed rate cut

Analysts say banks, auto, real estate, IT, pharma, and metal sectors look attractive after the US Federal Reserve's rate cut

Indices hit new highs on volatile day; Rupee, government bonds gain

While benchmark indices rallied close to 1 per cent in early trade and made new record highs, valuation concerns and a sharp selloff in the broader markets led to profit-taking

US Fed rate cut: How leading brokerages interpret the development

US Fed rate cut: Policymakers, according to reports, expect the Fed's benchmark to fall another half of a percentage point by 2024-end, and another one per cent in 2025

US Fed rate cut to help emerging nations in taking similar step: CRISIL

The US Fed rate cut of 50 basis points will make it easier for the central bank in emerging countries, including India, to slash key policy rates, Crisil Chief Economist D K Joshi said on Thursday. Joshi also said Crisil is expecting food inflation to come down for FY25 if monsoon does not play spoilsport at the end of the season. "US Fed rate cut makes it easier for central banks in emerging countries, including India, to cut rates. But rate cuts in India, I think, will happen when there is a durable reduction in food inflation. And we do expect durable inflation to take place because higher than normal monsoon rains are playing out this year. So, the stars have aligned for rate cuts to happen in India," Joshi told PTI. "Our forecast is that the RBI may cut key policy rates within this calendar year," he said. Late Wednesday, the US Federal Open Market Committee voted to cut the federal funds rate target range by 50 bps to 4.75-5 per cent, from 5.25-5.50 per cent, against ...

Why did Mphasis, Nifty IT gain up to 4% after US Fed cut rates by 50 bps?

The surge in IT stocks was fuelled by the US Federal Reserve's decision to cut interest rates by 50 basis points, lowering the target range to 4.75 per cent to 5 per cent.

Rupee to receive boost as chances of significant Fed rate cut rise

The 1-month non-deliverable forward indicated that the rupee will open flat-to-slightly-higher to the US dollar

Street Signs: Fed rate cut foreshadow, fair value compass, and more

Foreign portfolio investors made an unexpected move into Indian equities last week, injecting over $2 billion

Corporate bond issuances fall 22% in August as firms await Fed rate cut

Issuers hold back, eyeing lower borrowing costs after Fed cut

Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting

Analysts at Nomura suggested that larger private banks are likely to experience a greater negative impact on their NIMs from the potential US Fed rate cuts compared to mid-sized & smaller banks.

India's shrinking balance of payments surplus keeps rupee near record lows

RBI has been regularly intervening in the forex markets on both sides, leading to rupee holding a narrow range

With Fed rate cut set, Powell to focus on explaining US economic conditions

Powell instead could provide some background for the public and markets to understand how the Fed will respond as the economy evolves