Page 2 - Fed Rates
Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting
Analysts at Nomura suggested that larger private banks are likely to experience a greater negative impact on their NIMs from the potential US Fed rate cuts compared to mid-sized & smaller banks.
 "Nomura cuts target prices for Axis Bank, SBI and BoB ahead of Fed meeting")
India's shrinking balance of payments surplus keeps rupee near record lows
RBI has been regularly intervening in the forex markets on both sides, leading to rupee holding a narrow range
 "India's shrinking balance of payments surplus keeps rupee near record lows")
With Fed rate cut set, Powell to focus on explaining US economic conditions
Powell instead could provide some background for the public and markets to understand how the Fed will respond as the economy evolves
 "With Fed rate cut set, Powell to focus on explaining US economic conditions")
Rupee dips, forward premiums rise as Fed rate cuts appear nearly certain
Foreign outflows from Indian equities are compounding the rupee's woes
 "Rupee dips, forward premiums rise as Fed rate cuts appear nearly certain")
Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut
On the bourses, Mphasis has rallied 26.7 per cent in the last three months, driven by expectations of interest rate cuts in the US and early signs of recovery in the US-BFS sector.
 "Here's why Nuvama thinks Mphasis will benefit most from Fed rate cut")
Asian shares reach one-month high amid hopes for Fed rate cuts this week
US stock futures similarly rose, with S&P 500 futures last up 0.02 per cent while Nasdaq futures advanced 0.12 per cent
 "Asian shares reach one-month high amid hopes for Fed rate cuts this week")
Federal Reserve's policymakers signal rate cuts ahead, but not recession
US stocks fell steeply on Monday amid fears the US central bank has waited too long to begin cutting interest rates
 "Federal Reserve's policymakers signal rate cuts ahead, but not recession")
Sensex crosses 80k for the first time, gains 10k since result-day low
It may climb even higher amid hopes of Fed rate cut
 "Sensex crosses 80k for the first time, gains 10k since result-day low")
Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare
Markets are showing strong momentum, with Nifty firmly holding above the 23,300 mark, indicating that bulls are in strong control
 "Sensex may hit the 81,000 mark by 2024-end: Ravi Singh of Religare")
Govt bonds register marginal dip tracking US peers after soft retail sales
US yields eased on Tuesday after data showed retail sales in the world's largest economy was weaker than expected in May
 "Govt bonds register marginal dip tracking US peers after soft retail sales")
US Fed meeting decision, inflation data to be out today: What to expect
The US Federal Reserve is expected to keep interest rates unchanged in today's announcement. With that, all eyes will on whether it adjusts its forecasts for potential rate cuts this year
 "US Fed meeting decision, inflation data to be out today: What to expect")
US rate cuts: Cooling core inflation will offer minimal relief to Fed
Compared with April 2023, the core CPI is projected to rise 3.6 per cent. While that annual increase would be the smallest in three years, it's still running too fast to placate Federal Reserve policy
 "US rate cuts: Cooling core inflation will offer minimal relief to Fed")
Will Fed cut rates? What 60,000 headlines say about its next moves
Bloomberg Economics' Fed sentiment index - powered by a natural language processing algorithm based on more than 60,000 Fed headlines - shows that in December, Powell delivered a major pivot.
 "Will Fed cut rates? What 60,000 headlines say about its next moves")
Indian markets slip 1% amid global jitters, FMCG index declines 1.5%
Weakness in finance stocks, nervousness ahead of Q3 results, valuation concerns weigh on sentiment
 "Indian markets slip 1% amid global jitters, FMCG index declines 1.5%")
Rupee ends lower due to high dollar demand from oil firms, US data awaited
The Indian rupee declined on Thursday as dollar demand from local oil companies weighed on the local unit, while traders awaited GDP and labour market data from the United States
 "Rupee ends lower due to high dollar demand from oil firms, US data awaited")
Dollar, US stocks gain, Treasury yields dip ahead of Fed announcement
The main market focus will be on Fed officials' updated economic and interest rate projections, with the U.S. central bank expected to leave rates unchanged for the third consecutive meeting
 "Dollar, US stocks gain, Treasury yields dip ahead of Fed announcement")
Still-hawkish Fed Reserve pauses rate tightening after 10 straight hikes
"The Fed is calling for a more resilient economy this year and a smaller rise in unemployment"
 "Still-hawkish Fed Reserve pauses rate tightening after 10 straight hikes")
Bitcoin climbs to 10-month high of $30,000 as rate hike worries ease
For the past three weeks, Bitcoin was stuck in the range of $26,500 and $29,400
 "Bitcoin climbs to 10-month high of $30,000 as rate hike worries ease")
Fed rate outlook to push rupee lower; US inflation data key this week
The non-deliverable forwards indicated an opening of around 82.60-82.64 for the rupee to the US dollar, compared with 82.4975 in the previous session
 "Fed rate outlook to push rupee lower; US inflation data key this week")
Crypto wrap: Market in green but Fed announcement to keep volatility high
US Fed will hold its meeting on January 31 and February 1 and announce the policy on February 2
 "Crypto wrap: Market in green but Fed announcement to keep volatility high")
