Page 15 - Us Federal Reserve

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.

US Fed slashes interest rates by 50 bps for the first time since 2020

Policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, and another full percentage point in 2025

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 policymakers see end-2024 policy rate at 4.4% as unemployment rises

The decision drew a dissent from Fed Governor Michelle Bowman, who wanted just a quarter-point cut

Asian stocks and dollar gain as Fed Reserve charts 'soft landing' path

Futures rose 0.6 per cent in the Asia day and Nasdaq futures were up 0.9 per cent

Fed's bold move reshapes policy horizon for counterparts around the world

In emerging markets, the Fed's half percentage point cut offers reduced pressure on exchange rates

Ray Dalio downplays next US Fed move as investors flag China risks

Cain International CEO Jonathan Goldstein said return to office policies are as important to the fate of the real estate industry as any interest-rate cuts by the Fed

Market Highlights, Sept 18: Sensex, Nifty retreat from record highs, end in red ahead of Fed outcome

Stock Market Highlights: As many as 33 constituent stocks on the Nifty50 ended in the red, dragged by TCS, Infosys, HCL Tech, Tech Mahindra, and Wipro, with a fall of up to 3.50 per cent

Mphasis, Infosys fall up to 6%, Nifty IT 3% ahead of Fed rate cut decision

The fall in IT stocks may also be attributed to a report which says Accenture Plc is planning to push back the bulk of its staff promotions by six months

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

Markets hinge on Jerome Powell emulating Greenspan to avoid a recession

To Kristina Hooper, chief global market strategist at Invesco, the US economy looks set to avert a recession as the Fed starts easing policy just ahead of the US election

Rupee expected to remain steady ahead of US Fed decision this week

The 1-month non-deliverable forward indicated that the rupee will open at 83.87-83.88 to the US dollar

Crude oil prices stabilise ahead of US Fed interest rate decision

The market is likely to remain cautious until the Federal Reserve makes its interest rate decision on Wednesday, say experts

World braces for Federal Reserve easing amid 36-hour rate rollercoaster

When Fed policymakers sit down Tuesday for the start of their two-day meeting, they'll have fresh figures on the state of consumer demand

US Fed likely to start long-awaited interest-rate cuts from Sep 17 meet

Traders now see just a 15 per cent chance of a half-point rate cut at the Fed's Sept. 17-18 policy-setting meeting

US banks share fall on warnings of slower-than-anticipated recovery

Bank executives this week softened investor hopes ahead of a widely expected interest rate cut by the Federal Reserve, as well as persistent worries over the economy

Fed VC unveils sweeping bank capital rule changes after pushback, delays

The draft Basel rule, first unveiled in July 2023, overhauls how banks with more than $100 billion in assets calculate the amount of capital they must put aside to absorb potential losses

India expected to see strong FDI inflows in coming quarters: Experts

With foreign direct investments (FDI) growing 47.8 per cent to USD 16.17 billion during April-June 2024, India is expected to see further acceleration in the inflow on account of a potential Fed rate cut, modest growth outlook in the US, and the country's favourable economic outlook, experts say. They also said that investment destinations have changed over the decade and have got more diversified, with capital flowing into new emerging sectors. Compared to eight years ago, power, construction, healthcare, chemicals, and non-conventional energy have now been attractive investment destinations, Rumki Majumdar, Economist, Deloitte India, said. "We foresee this trend of strong FDI to accelerate in the coming quarters. The anticipated US election results, a potential Fed rate cut, modest growth outlook in the US, and India's favourable economic outlook will likely attract global investors to India," she added. Aakash Dasgupta, Partner, IndusLaw, said that while the FDI inflow seems t

Rupee flat as markets expect RBI support; other Asian currencies slip

While there is a small possibility that the RBI may let the currency weaken slightly below the 84 mark, runaway moves remain quite unlikely

US slowdown impact: Rupee may dip on risk aversion; Fed uncertainty remains

The Reserve Bank of India likely intervened on multiple occasions last week to support the rupee