Page 7 - Rate Cuts

Pakistan central bank's MPC cuts key policy rates by 200 bps to 17.5%

Pakistan's Central bank on Thursday cut its key policy rate by 200 basis points to 17.5 per cent from 19.5 per cent bowing to demands for a major rate cut. The State Bank in a statement said that the Monetary Policy Committee (MPC) decided to reduce the policy rate by 200 basis points (bps) to 17.5 per cent in its meeting on Thursday. Various factors impacting the inflation outlook were taken into consideration while reaching this decision, it said. Inflation in August was at 9.6 per cent, resulting in a positive real interest rate of 10 per cent. Financial experts generally anticipated a reduction of 150 bps with some forecasting a cut of up to 200 bps. However, industry leaders advocated for a deep 500 bps cut to spur economic growth. The Monetary Policy Committee (MPC) assessed the real interest rate to still be adequately positive to bring inflation down to the medium-term target of 5 to 7 per cent and help ensure macroeconomic stability, the statement read. The MPC said glob

ECB cuts interest rates as growth dwindles, gives no clue of next step

Economists think the most she will do is keep the door open to another cut in October by saying that all meetings, including the next one, are 'live'

Market expects MPC to implement cumulative 50 bps rate cut by March 2025

They also foresee a continued decline in food prices, which fell to 5.1 per cent in July from 8.4 per cent in June year-on-year, further supporting expectations of a rate cut

Dollar recovers some losses as traders scale back bets of big Fed rate cut

Focus turned to Wednesday's US inflation report as the next main indicator that could alter market pricing for the Fed's September meeting

Why stock prices don't always rise when the US Fed cuts interest rates

Of the many forces shaping stock prices, economic growth, corporate profits, and valuation are paramount. These deserve more attention than interest-rate movements alone

Share Market Today: RIL nod for bonus, US jobs data, Bazaar Style IPO eyed

Share Market Today: US payroll data for August will decide the quantum of the upcoming rate cut. That apart, RIL's bonus approval, and Bazaar Style IPO listing will be on investors' radar

Bank of Canada cuts rates for third time to 4.25%, frets over weak growth

Wednesday marked the third consecutive cut, with the bank citing continued easing in broad inflationary pressures

Nomura expects RBI to pivot to rate cuts from Oct amid weakening growth

Data released on Friday showed India's gross domestic product (GDP) grew at a slower-than-expected pace of 6.7 per cent on an annual basis in the April-June quarter

Emkay ups Nifty Sept 2025 target to 26,000; 'extended' sideways move likely

Emkay Global has raised the Nifty50 target to 26,000 for September 2025 on the back of rate cuts, revival in rural consumption, and earnings growth

Asian shares set for solid monthly gain, dollar dips on US rate cut bets

Solid growth and resilience in the world's largest economy trumped investors' disappointment on Nvidia's underwhelming results

Asian shares slip amid US rate cut hopes, Mideast tensions sap confidence

Gold prices were just shy of a record peak, while the dollar firmed and the yen hovered near its highest

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

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

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

As US Fed hints at rate cut speculation begins among central bankers

Inflation and the labor market have both cooled appreciably since then, and Fed Chair Jerome Powell says policymakers think the time for cutting the policy rate is approaching

Welcome to the 'yes, but' cycle of rate cuts

The global economy is on the cusp of a sustained easing, though not necessarily a dramatic sequence of rate cuts

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 to hold interest rates steady in August, first cut expected in Q4: Poll

A sharp spike in food prices drove inflation in Asia's third-largest economy to a five-month high of 5.08 per cent in June

US will be bigger growth engine than Europe for Persistent System, says CEO

Kalra is confident that North America will continue to be a growth engine for the company going forward

China conducts surprise rate cuts in efforts to support weak economy

The cuts come after China last week reported weaker-than-expected second-quarter economic data and its top leaders met for a plenum that occurs roughly every five years

Asian shares tread cautiously; Wall St unfazed as Joe Biden bows out

Investors seemed well-prepared for news that US President Joe Biden had dropped out of the election race and endorsed Vice President Kamala Harris for the Democratic ticket