Page 2 - Interest Rate Cut

BS BFSI Summit: Tracking food inflation as well as US Fed, say economists

BS BFSI Summit: While food inflation is a prominent factor in India's economic policy, global influences, particularly from the US Fed, cannot be overlooked, say economists at Business Standard summit

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

Interest rate cut cycle to pause if Trump wins US election 2024: ICICI Sec

US election results: The brokerage believes Donald Trump's protectionist policies such as higher tariffs, and policies against immigration, could be a curve ball for global trade

Four US Fed policymakers favour more rate cuts, but differ on pace

The remarks provide a small taste of what's expected to be a broad but closed-door debate of the appropriate path for policy at the Fed's upcoming policy meeting, on Nov. 6-7

RBI likely to lay ground for interest rate cut on easing of major economies

Governor Shaktikanta Das has so far dismissed calls for rate cuts, concerned that high food prices will prevent inflation from staying at the 4 per cent target level on a sustainable basis

SNB cuts interest rates by 25 basis points for third time this year

Markets had priced in a 55 per cent probability of a 25 basis point cut before the decision

US Fed cuts 50 bps rate: Here're key takeaways from Jerome Powell statement

US Fed rate cuts: The last time the Federal Open Market Committee (FOMC) cut by half percentage was in 2008 during the global financial crisis

Fed Reserve's rate cut won't be 'earth-shattering', says JPMorgan's Dimon

Fed officials are expected to lower interest rates this week for the first time in more than four years

FIIs poured over $1.6 bn into Indian equities within 10 days: NSDL data

Factors contributing to the buying spree among Foreign Institutional Investors include stabilisation of the Indian rupee and positive sentiment regarding India's growth story

Bank of Canada may cut interest rates deeper, faster over next year

Policymakers led by Governor Tiff Macklem are expected to lower the benchmark overnight rate to 4.25 per cent at their Sept. 4 meeting

Likely to lose 1% of GDP growth in FY25, FY26 due to rate-cut delay: Varma

The only available yardstick for evaluating the tightness of monetary policy is the real interest rate. The nominal repo rate is useless for this purpose

As US economy, Fed approach crossroads, all eyes on Powell, Jackson Hole

On Friday, Powell will again deliver his most important policy speech of the year from that closely watched stage

Slowing consumer demand, growth risks fuel calls for interest rate cuts

The Reserve Bank of India has kept interest rates unchanged for more than 18 months, with Governor Shaktikanta Das saying last week that food prices remain a worry

RBI expected to hold rates, markets seek hints on possible future cuts

Investors are hopeful the RBI will soften its stance on inflation following the recent souring of global market sentiment

RBI watchers on guard for shift as Guv Das takes decision on interest rate

Global markets have been roiled in recent weeks by central bank action, with the Bank of England cutting interest rates last week, the Bank of Japan hiking, and the Federal Reserve preparing to ease

RBI likely to keep key interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data before taking a call on rate cut in line with expectations, experts said. The US Federal Reserve has decided to maintain a status quo on its interest rate for now and indicated there could be monetary policy easing in the coming months. Amid persisting inflationary pressures, RBI will be closely tracking the US monetary policy trajectory before changing its stance on interest rate, which has remained unchanged since February 2023, experts opined. The Monetary Policy Committee (MPC) may also refrain from rate cut as economic growth is picking up, notwithstanding the elevated interest rate of 6.5 per cent (repo rate). The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for August 6 to 8. Das will announce the decision of the rate-setting panel on August 8 (Thursday). The central bank last hiked the repo rate to 6.5 pe

Bank of England cuts interest rates from 16-year high as inflation eases

Thursday's decision was in line with the forecast in a Reuters poll of economists but financial markets had only seen just over a 60 per cent chance of a cut

Sri Lanka central bank cuts interest rates to help fuel economic recovery

The Central Bank of Sri Lanka (CBSL) cut the Standing Deposit Facility Rate to 8.25 per cent and the Standing Lending Facility Rate to 9.25 per cent

Too early to talk rate cut, won't give guidance: RBI Governor Das

RBI guv says expected credit loss norms in final state of examination, should be out in current financial year

Voices for interest rate cut growing within RBI's rate-setting panel

Voices for interest rate cut are growing within the Reserve Bank's rate-setting panel with external member Ashima Goyal joining ranks with another member Jayanth R Varma who for long has been advocating to reduce the key policy rate by at least 25 basis points. Reserve Bank's monetary policy committee voted for a status quo in repo rate with four members voting in favour and two against. "Dr. Shashanka Bhide, Dr. Rajiv Ranjan, Dr. Michael Debabrata Patra and Shri Shaktikanta Das voted to keep the policy repo rate unchanged at 6.50 per cent. "Dr. Ashima Goyal and Prof. Jayanth R Varma voted to reduce the policy repo rate by 25 basis points," according to Monetary Policy Statement, 2024-25 Resolution of the Monetary Policy Committee (MPC) released by the central bank. Goyal, Varma and Bhide are external members on the MPC. Ranjan, Patra and Das are RBI officials. In the February 2024 and December 2023 MPC meetings, Varma had made a case for lowering the benchmark interest rate by 25