Page 2 - Federal Reserve

Weekend high: Strong FPI inflows lift benchmark equities, Indian rupee

Foreign investors bet Rs 14,064 cr, most in a day in 3 yrs; rupee posts biggest weekly gain in '24

US Fed rate cut to help emerging nations in taking similar step: CRISIL

The US Fed rate cut of 50 basis points will make it easier for the central bank in emerging countries, including India, to slash key policy rates, Crisil Chief Economist D K Joshi said on Thursday. Joshi also said Crisil is expecting food inflation to come down for FY25 if monsoon does not play spoilsport at the end of the season. "US Fed rate cut makes it easier for central banks in emerging countries, including India, to cut rates. But rate cuts in India, I think, will happen when there is a durable reduction in food inflation. And we do expect durable inflation to take place because higher than normal monsoon rains are playing out this year. So, the stars have aligned for rate cuts to happen in India," Joshi told PTI. "Our forecast is that the RBI may cut key policy rates within this calendar year," he said. Late Wednesday, the US Federal Open Market Committee voted to cut the federal funds rate target range by 50 bps to 4.75-5 per cent, from 5.25-5.50 per cent, against ...

Indian firms use currency swap to lower borrowing costs as Fed cuts kickoff

The banker did not want to be named because he is not authorized to speak to the media

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

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

Gold price dips Rs 10to Rs 74,720, silver falls Rs 100 to Rs 90,900

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 68,490

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

With Fed's rate cut at hand today, debate swirls over how big a move

A half-percentage-point cut - now given more than a 60% probability in rate futures markets - would signal a commitment to sustaining the current economic expansion and the job growth

Dollar cedes overnight gains, Asia stocks mixed as Fed looms large

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.05per cent

Gold prices climb Rs 10 to Rs 74,880, silver jumps Rs 100 to Rs 91,900

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,640

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

Will Fed cut interest rates fast enough to deliver a 'soft landing'

American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it's cutting its key interest rate from a two-decade peak. It's likely to be just the first in a series of rate cuts that should make borrowing more affordable now that the Fed has deemed high inflation to be all but defeated. Consider Kelly Mardis, who owns Marcel Painting in Tempe, Arizona. About a quarter of Mardis' business comes from real estate agents who are prepping homes for sale or from new home buyers. Customer queries, he recalls, quickly dropped almost as soon as the Fed started jacking up interest rates in March 2022 and then kept raising rates through July 2023. As the housing market contracted, Mardis had to lay off about half his staff of 30. It was the worst dry spell he had experienced in 14 years. After the Fed begins cutting rates on Wednesday, Mardis envisions brighter times ahead. Typically,

Gold prices climb Rs 10 to Rs 74,460, silver jumps Rs 100 to Rs 89,600

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,260

Gold prices dip Rs 10 to Rs 73,140, silver falls Rs 100 to Rs 86,400

The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 67,040

Gold prices climb Rs 10 to Rs 73,260, silver rises Rs 100 to Rs 86,600

The price of 22-carat gold moved up Rs 10, with ten grams of the yellow metal selling at Rs 67,160

Corporate bond issuances fall 22% in August as firms await Fed rate cut

Issuers hold back, eyeing lower borrowing costs after Fed cut

Asia shares rise marginally with focus on US inflation test, Fed meet

Japan's Nikkei last traded 0.4 per cent higher, helped by gains in financial and consumer names

Gold price dips Rs 10 to Rs 72,860, silver rises Rs 100 to Rs 85,100

The price of 22-carat gold also fell Rs 10, with ten grams of the yellow metal selling at Rs 66,790

Dollar recovers some losses as traders scale back bets of big Fed rate cut

Focus turned to Wednesday's US inflation report as the next main indicator that could alter market pricing for the Fed's September meeting

Indian bond yields may dip; no clarity over Fed rate hike to limit fall

Markets have fully priced in a rate cut of at least 25 bps at the Fed's policy decision due on Sept. 18, with expectations for a 50 bps remaining around 30%