Tag: interest rates
US stock market at record high as investors cannot keep calm after Fed rate cut
Sep 20, 2024 07:55 AM IST Wall Street stocks hit record highs as the Federal Reserve cut interest rates to support the labor market. Dow…
How US Federal Reserve’s rate cut decision impacts policies around the world
(Bloomberg) — The Federal Reserve’s bold start to cutting interest rates and its determination not to fall behind the curve in easing has reshaped the…
ECB Should Maintain Gradual Approach to Rate Cuts, Lane Says
The European Central Bank should stick with its cautious stance on lowering interest rates, Chief Economist Philip Lane said — further strengthening expectations for the…
PMI: India’s factory activity growth hits three-month low of 57.5, PMI shows
India’s manufacturing activity growth eased to a three-month low in August as demand softened significantly, a private-sector survey showed on Monday, casting another shadow over…
Outgoing RBI policymaker contradicts central bank on food risks
An outgoing member of the Reserve Bank of India’s interest-rate panel said there’s no evidence higher food costs are pushing up prices more broadly in…
India should retain headline inflation as target, external rate panel members say
Headline inflation impacts Indians directly and should be retained as the target for monetary policy rather than switching to core inflation, external members of the…
India to name new MPC members soon, dissenters from Shaktikanta Das’ rate policy team to leave before crucial meet
India’s government will appoint new external members to the central bank’s monetary policy committee by October at the latest, people familiar with the matter said,…
US Federal Reserve policymakers flag rate cuts as job market cools
Two Federal Reserve officials said they believe it’s appropriate for the US central bank to begin lowering interest rates soon, and that the pace of…
P2P platforms taking on the lender role led RBI to read the riot act
MUMBAI: The Reserve Bank of India’s (RBI) tightening of norms for P2P lenders comes after several of them were found to be having hundreds of…
Global stocks set for longest win streak of 2024. Major reasons why
European and US futures rose alongside Asian stocks, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready…