Thu, Dec 19, 2024
Depending on the specific proposals the Trump administration manages to enact, the Fed could hold off on any additional cuts until March or even later.
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Domestic equity benchmarks Nifty 50 and Sensex continued to fall for the fourth session in a row on Thursday. The sharp losses on December 19 followed the Fed's 25-basis-point rate cut along with a weaker outlook for future reductions that sent shockwaves across global markets. Read on to learn more about Thursday's session on Dalal Street.
As predicted, the Fed dropped its benchmark rate by a quarter-point to between 4.25 per cent and 4.5 per cent. Other major central banks also remained unchanged this week, with the Bank of Japan maintaining its base rate at 0.25 per cent on Thursday.
Domestic equity benchmarks Nifty 50 and Sensex suffered heavy losses on Thursday after the Fed announced a 25-basis-point rate cut but its outlook for future rate cuts sent shockwaves across global markets. Read on to learn more about the December 19 session on Dalal Street.
Federal Reserve Chair Jerome Powell announced a 25-basis-point reduction in the key US interest rates on Wednesday. However, the Federal Open Market Committee's rate cut outlook, suggesting fewer reductions than anticipated earlier, disappointed Wall Street. The Dow Jones Industrial Average crashed 1,123 points, or 2.6 per cent, to settle at 42,326.9 after the news. Read on to catch highlights of the Fed's last scheduled policy review of 2024.
Thu, Sep 19, 2024
A 50 bps rate cut in the US—the first such move in more than four years—comes at a time when investors around the globe keenly looked out for the onset of an impending easing of borrowing costs.
After the September 19 action, Zee Business Managing Editor Anil Singhvi believes the Fed may lower key US interest rates by another 50 bps in 2024, and then 100 bps the next year. But what should Dalal Street investors and traders do now? The market wizard weighs in.
Lowering the funds range, the benchmark lending rate, by half a percentage point, the US central bank exuded confidence that inflation will keep receding to its annual goal of 2 per cent.
Wed, Sep 18, 2024
By how much will the FED cut interest rates?, How much will the cut be 0.25% or 0.5%?, How much will the market fall after the interest rate cut?, What will the FED say about inflation and growth?, How many further rate cuts are likely?, Know Opinion of market expert Ajay Bagga.
Thu, Aug 01, 2024
"In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 per cent," the Fed announced on Wednesday.
Thu, Jun 13, 2024
US Fed rate cut news: The US Federal Reserve on Wednesday kept the interest rate unchanged but hinted that there could be one cut between now and the end of the year as they continue the fight against inflation.
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