Tag: interest rates

Asian Shares Pare Gains as Focus Switches to China: Markets Wrap

(Bloomberg) -- Asian equities pared gains Friday as investors awaited the outcome of a key legislature meeting in China...

Fed cuts rates, notes labor market easing and solid economic growth

WASHINGTON: The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job...

Trump Trades Gain Momentum as Stocks, Yields Rise: Markets Wrap

(Bloomberg) -- A slew of trades around the world tied to Donald Trump’s rising presidential prospects notched decisive moves, with stocks extending gains,...

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON: The US economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite...

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it...

Wall Street closes little changed while investors digest yields, earnings

U.S. stocks ended little changed on Tuesday, but the Nasdaq eked out a modest gain while investors kept an eye on Treasuries yields...

Quite risky to cut rates at this stage: RBI Guv Shaktikanta Das

MUMBAI: Any move to cut interest rates right now would be hasty and potentially fraught with risk as inflation remains above target and...

Metal stocks defy sell-off. NMDC, Vedanta rally up to 5%

Metal stocks like NMDC, Vedanta and SAIL among others surged up to 5% in today’s intraday session, defying the broader market sentiment, still...

Local Market Monitor’s National Economic Outlook for September ’24

National Economic OutlookBy Ingo WInzer September, 2024 In order to combat inflation, the Federal Reserve raised interest rates sharply in 2022. This was a desperate...

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