Page 3 - Fed Rates

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

Rupee dips, forward premiums rise as Fed rate cuts appear nearly certain

Foreign outflows from Indian equities are compounding the rupee's woes

Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut

On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.

Asian shares reach one-month high amid hopes for Fed rate cuts this week

US stock futures similarly rose, with S&P 500 futures last up 0.02 per cent while Nasdaq futures advanced 0.12 per cent

Federal Reserve's policymakers signal rate cuts ahead, but not recession

US stocks fell steeply on Monday amid fears the US central bank has waited too long to begin cutting interest rates

Sensex crosses 80k for the first time, gains 10k since result-day low

It may climb even higher amid hopes of Fed rate cut

Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare

Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control

Govt bonds register marginal dip tracking US peers after soft retail sales

US yields eased on Tuesday after data showed retail sales in the world's largest economy was weaker than expected in May

US Fed meeting decision, inflation data to be out today: What to expect

The US Federal Reserve is expected to keep interest rates unchanged in today's announcement. With that, all eyes will on whether it adjusts its forecasts for potential rate cuts this year

US rate cuts: Cooling core inflation will offer minimal relief to Fed

Compared with April 2023, the core CPI is projected to rise 3.6 per cent. While that annual increase would be the smallest in three years, it's still running too fast to placate Federal Reserve policy

Will Fed cut rates? What 60,000 headlines say about its next moves

Bloomberg Economics' Fed sentiment index - powered by a natural language processing algorithm based on more than 60,000 Fed headlines - shows that in December, Powell delivered a major pivot.

Indian markets slip 1% amid global jitters, FMCG index declines 1.5%

Weakness in finance stocks, nervousness ahead of Q3 results, valuation concerns weigh on sentiment

Rupee ends lower due to high dollar demand from oil firms, US data awaited

The Indian rupee declined on Thursday as dollar demand from local oil companies weighed on the local unit, while traders awaited GDP and labour market data from the United States