Page 2 - Us Interest Rates

Global Payments beats Q2 profit estimates as consumers spending resilient

Despite recent economic data fueling recession fears, American consumers have remained resilient in face of higher-for-longer interest rates

Global stock market sell-off: Chris Wood of Jefferies decodes impact

Indian stock market is much more resilient in the face of a US downturn and related Wall Street sell-off than the likes of Japan, Wood said

RBI likely to keep key interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data before taking a call on rate cut in line with expectations, experts said. The US Federal Reserve has decided to maintain a status quo on its interest rate for now and indicated there could be monetary policy easing in the coming months. Amid persisting inflationary pressures, RBI will be closely tracking the US monetary policy trajectory before changing its stance on interest rate, which has remained unchanged since February 2023, experts opined. The Monetary Policy Committee (MPC) may also refrain from rate cut as economic growth is picking up, notwithstanding the elevated interest rate of 6.5 per cent (repo rate). The meeting of the Reserve Bank Governor Shaktikanta Das headed MPC is scheduled for August 6 to 8. Das will announce the decision of the rate-setting panel on August 8 (Thursday). The central bank last hiked the repo rate to 6.5 pe

US FOMC holds rates steady at 5.25% to 5.5%, signals 1st cut nearer

Officials also tempered their assessment of the labor market, noting job gains had moderated and the unemployment rate has moved up, but is still low

ECB keeps interest rates unchanged, offers no guidance on next move

ECB came out with a balanced message following Thursday's meeting, arguing that corporate profits were absorbing some price pressures but risks remained

Highlights: BJP will break TDP, JDU if it fails to secure Lok Sabha speaker post, says Sanjay Raut

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Goldman Sachs ups India 2024 GDP forecast to 6.7%; sees RBI rate cut in Q4

RBI's MPC has sounded caution on sticky food inflation, Goldman Sachs says, owing to supply-side disruptions due to the ongoing hot weather conditions in many parts of India

Investors 'most bullish' since Nov 2021 on rate cut expectations: Survey

The survey of global fund managers with $562 billion in asset under management found 82% expect the first rate cut by the Federal Reserve in the second half

US Fed keeps key rates unchanged at 5.25%-5.5% for 6th straight meeting

Fed holds rates steady, flags 'lack of further progress' on inflation

Federal Reserve's preferred inflation gauge set to back rate-cut patience

Policymakers' preferred inflation gauge - the personal consumption expenditures price index - probably stayed elevated in March, according to data due in the coming week

US Fed should not act urgently to cut interest rates unless required: Daly

The worst thing to do is act urgently when urgency is not required, Daly, one of 19 US central bankers who set monetary policy, said at the Stanford Institute for Economic Policy Research

Global interest rates chokehold on world economy set to loosen slowly

Geopolitical tension, with conflict between Israel and Iran threatening conflagration in the Middle East, is an additional risk variable

Are the stock markets prepared for a delay in interest rate cut?

As regards rate cuts, analysts expect the global central banks, especially in Asia, to follow the Fed in rate cutting cycle

Glacial inflation slowdown set to back Fed's caution to cut interest rates

The March core consumer price index, a measure of underlying inflation that excludes food and fuel, is seen rising 0.3% from a month earlier after a 0.4% advance in February

Slower US inflation set to fuel Fed Reserve's interest-rate cut optimism

The overall CPI probably rose less than 3 per cent for the first time in nearly two years, economists forecast Tuesday's report to show

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

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

Nifty reclaims 20,000, primed for biggest monthly gain since July 2022

Extended drop in US bond yields and dollar fuels optimism of earlier-than-expected interest rate decline

Fed Chair Powell says strong economy may still require rate increases

Fed chief says geopolitical tensions are 'highly elevated'

Gold extends fall as strong dollar, higher US interest rates take toll

Spot gold was down 0.8% by 9:54 a.m. EDT (1354 GMT) at $1,835.40 per ounce, its lowest since March 10. U.S. gold futures slipped 0.7% to $1,853.00