Page 25 - Us Federal Reserve

Federal Reserve's decision could lead to interest rate cut in March

'The stage is set for the Fed to take steps toward cutting rates in coming months,' analysts say

Markets to focus on Budget, US Fed policy in eventful week, say analysts

Interim budget, the US Federal policy decision and quarterly earnings will be the major drivers for stock markets which may also see some consolidation this week, say analysts. Besides, investors would also focus on the trading activity of foreign investors and global trends for further cues. From the macroeconomic front, the PMI (Purchasing Managers' Index) data for the manufacturing sector is scheduled to be announced on Thursday. Finance Minister Nirmala Sitharaman will present the interim budget for 2024-25 on February 1 (Thursday). The Federal Open Market Committee meeting will be held on January 30 and 31. "Market is likely to consolidate further ahead of the US Fed interest rate decision where the Fed is expected to maintain status quo and give some hint with regards to rate cut timeline. Apart from this, BoE (Bank of England) monetary policy is also due coupled with a few key economic data releases which might keep markets volatile. "Further many heavyweights would be ...

Global currencies stabilise amid Central bank decision uncertainty

Japan's yen was one of the bigger movers, heading away from Friday's 148.80 per dollar, its weakest in a month, to as firm as 147.74, as the Bank of Japan started its two-day policy meeting

US import prices unchanged in December after two straight monthly decreases

Since March 2022, the Fed has raised its policy rate by 525 basis points to the current 5.25%-5.50% range

Delivery-based trades on the NSE decline due to valuation concerns

Experts said most investors are looking to cash in on intra-day opportunities in counters that are witnessing buying momentum

BlackRock quarterly profit rises on strong assets under management

Hopes of a soft landing - a scenario where inflation eases without a sharp rise in unemployment - have cheered markets in recent months

US trade deficit narrows in Nov due to decline in imports: Report

The trade deficit contracted 2.0% to $63.2 billion, then Commerce Department's Census Bureau said

Central banks worldwide to ease monetary policy in coming year: Report

After racing ahead with the most aggressive tightening campaign in decades during 2022, 2023, central banks around the world poised to begin easing monetary policy as inflation continues to retreat

US job growth surpass expectations in December; wages rise solidly

Average hourly earnings rose 0.4% in December after gaining 0.4% in the prior month. That raised the year-on-year increase in wages to 4.1% from 4.0% in November

US Federal Reserve sees interest rates staying high for some time

Fed policymakers acknowledged they were probably at the peak rate and would begin cutting in 2024

Mainstream economics' medieval inflation cure

In modern medicine, specific diagnosis leads to specific treatment, but mainstream economists hark back to the medieval approach, attributing all diseases to a common cause

Sensex leaps 491 pts, Nifty tops, 21,650; Realty index up 7%, Bajaj Fin 4%

Closing Bell on January 4, 2024: The Nifty Realty index jumped 6.76 per cent, followed by the Nifty Financial Services, Bank, and Private Bank indices (up over 1 per cent each)

Record FPI inflows in debt market mark over 6-year high in December

FPI inflows into debt stood at Rs 18,393 crore in December, against Rs 14,106 crore in November, according to data on the National Securities Depository Limited

'Everyone got burned': Wall Street missed great stock rally of 2023

Blended together, these three calls - sell US stocks, buy Treasuries, buy Chinese stocks - formed the consensus view on Wall Street

Gold price sits above $2,000 per ounce, heading for best in last 3 years

Gold investors anticipate record-high prices next year, when the fundamentals of a dovish pivot in U.S. interest rates are expected to support the market

Biggest 2-month rally in decades rescues beaten-up bond markets

The US 10-year Treasury yield, the benchmark for borrowing costs globally, has dropped 50 basis points (bps) in December after falling 53 bps in November. Its two-month fall is the biggest since 2008

Gold touches 3-week high as dollar eases on US Fed rate cut hopes

The Fed is set to start 2024 with fresh evidence that US price pressures are retreating, with data last week marking the first time since March 2021 that the annual PCE price index was below 3%

Allocate 20-30% to long-duration debt funds, enter with 6 to 8 years period

Even when investing solely for capital gains, stay flexible and extend investment horizon if required

From India to Australia, Goldman sees banks easing policy earlier after Fed

Still, Goldman expects the rate reductions in the Asia-Pacific to be fewer and shallower than Fed officials' projected easing cycle

Hoping for reduction of rates from middle of FY25: SBI Chairman Khara

Khara also says, in an interview with Manojit Saha, the bank has a plan to plough back a significant part of its profit this financial year, and that would increase capital adequacy ratio by 140 bps