Page 7 - Rate Cuts

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

EU Central Bank rates seen firmly on hold, but door to Sept cut still open

Analysts say the rate-setting council will leave a decision on lower rates for the September meeting, after an initial quarter-percentage point cut at the June 6 meeting

Toronto home sales rise in June after four straight months of decline

The Bank of Canada cut rates by 0.25 per cent to 4.75 per cent in early June, saying monetary policy no longer needed to be as restrictive

Asian stocks rise on expectations of rate cuts, yen stays near 38-year lows

The US is back on a disinflationary path, Powell said on Tuesday, although he cautioned that policymakers need more data

ECB's next interest rate cut easy decision before choices become hard

ECB cut rates in early June but made no commitment about any further moves, arguing inflation was still too high

Asian stocks rise to their highest on tech rally, Fed rate cut wagers

Japan's Nikkei rose 0.59%, while blue chip stocks in China were 0.42% lower. Hong Kong's Hang Seng index rose 1.3%

As demand for electric vehicles dwindles, what are startups doing about it?

US EV startups are lowering manufacturing costs, laying off workforce, and racing to develop cheaper models to navigate a slump in demand due to steep borrowing costs