Page 12 - Interest Rates

Invest in US Treasury debt fund for currency hedge: What is on offer?

There could be losses in these funds if interest rates rise or the rupee appreciates

Prolonged Israel-Hamas war means higher interest rates for longer: IMF

Inflation is still high and that requires interest rates to remain high, throwing more cold water on growth, said IMF

4% inflation focus may not signal 'higher for longer' rates: MPC members

"The focus, therefore, naturally shifts to the next stage of bringing the inflation to the target level," said Varma, adding that there is no ambiguity in the eventual inflation goal of 4%

At or near peak for interest rate target: US Federal Reserve's Mester

Mester noted Fed forecasts released at the September meeting eyed another increase in what is currently a federal funds target rate range of between 5.25% and 5.5% by the end of the year

World's higher-for-longer rate era stokes worry among finance officials

Debt levels are at record high levels at the same time that we're in this higher-for-longer interest-rate environment, said Gita Gopinath, No 2 official at IMF

Major US banks report rising profits, cautious on economic outlook

JPMorgan's profit jumped 35 per cent on the year-ago quarter, while Wells Fargo profit surged 60 per cent. Citigroup reported a more modest year-on-year 2 per cent gain

China's CLSA ups India exposure on supportive macroeconomic outlook

Brokerage goes 303 bps overweight on domestic markets in MSCI Asia Pac ex-Japan portfolio

Higher-for-longer rates will keep constricting global economy: World Bank

Both Ajay Banga, the institution's president, and Chief Economist Indermit Gill warned that the fallout from the sudden shift to an era of elevated borrowing costs may be tough

Safeguarding 'safe' US govt bonds

Prices of government bonds can fall massively due to interest rate risk. But a fresh policy can change this

Weekend Bites: RBI kills one bird with one stone, future of 50-over cricket

In which we munch over the week's platter of news and views

RBI policy hawkish, expect rate cut only in Apr-Jun 2024: Analysts

The Reserve Bank's status quo in policy rates and the accompanying commentary was termed as a "hawkish" pause by analysts on Friday. Many professional watchers said the fourth consecutive pause pushes their expectations of a rate cut further, with some saying it can happen only in the April-June quarter of 2024. After announcing the rate panel decision, Governor Shaktikanta Das said the RBI will be "actively disinflationary" and "emphatically reiterated". The panel also stuck to the stance of "withdrawal of accommodation", and Das later hinted that a relook at it is not possible till inflation cools down. "We foresee a rate cut only in the first quarter of next fiscal, assuming normalising inflation and slowing growth," ratings agency Crisil said, adding uneven distribution of rainfall during the monsoon season, rising crude oil prices and tight global food supplies as upside risks to inflation this fiscal. Foreign brokerage Goldman Sachs termed it as a "hawkish hold" from the RBI

Rate-sensitive sectors lead rise in stock market on RBI's repo rate pause

The NSE Nifty 50 index closed 0.55% higher at 19,653.50 points, while the S&P BSE Sensex rose 0.55% to 65,995.63. Both the benchmarks logged weekly gains, snapping a two-week losing streak

Unabated FPI selling pulls indices to 1-month low; now eyes on Q2 results

Benchmark indices hit one-month lows on intraday basis

Pakistan's inflation rises to 31.4% in Sept amid high energy prices

Interest rates also risen to their highest at 22%, and Pak rupee hit all-time lows in Aug before recovering in Sept to become best performing currency following clampdown on unregulated FX trade

Oil pares gains ahead of US Fed's comments on interest rate moves

U.S. West Texas Intermediate crude futures were largely steady, up just 12 cents to $90.91 a barrel, after also jumping more than a $1 in earlier trading, and after losing 92 cents on Friday

Govt hikes interest rate on 5-year recurring deposit scheme to 6.7%

Small savings schemes are government-backed investment options that offer guaranteed returns. The interest rates on small savings schemes are reviewed every quarter

Govt raises interest rate on 5-year recurring deposit to 6.7% for Dec qtr

According to a finance ministry circular, the interest rate on savings deposit has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent

Vedanta raises funds at higher rates amid company rejig, say bankers

The company will offer a coupon of 12%, payable on a quarterly basis to investors of the issue, which is unrated, bankers said, adding that the coupon on an annualised basis works out to be around 13%

ECB looks to leverage AI to better understand inflation after big misses

Joining the masses of firms already using AI, the ECB is now exploring ways to process and analyse millions of data points, including public price data, corporate statistics

Govt considering $7.2 billion housing loan interest subsidy scheme

The scheme will offer an annual interest subsidy of between 3-6.5% on up to 0.9 million rupees of the loan amount