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Source: Live Mint The US Federal Reserve has cut interest rates by 50 basis points for the first time since 2020, paving the way for global monetary policy easing, including India. According to Macquarie, the biggest beneficiary of interest rate cuts within the banking, financial services and insurance space could be non-banking financial companies or…
Source: Business Standard Illustration: Ajay Mohanty 4 min read Last Updated : Sep 19 2024 | 10:38 PM IST Investment strategy after US Fed’s rate cut: The US Federal Reserve’s jumbo rate cut of 50 basis points — a first since early 2020 — triggered volatility across various asset classes. The US equities, for…
Source: Live Mint Bitcoin News: The Federal Reserve has reduced interest rates for the first time since the early days of the COVID-19 pandemic, sending ripples through the cryptocurrency market. Bitcoin, the leading cryptocurrency, saw an uptick of about 3 percent in its value following the announcement on September 19, 2024. Bitcoin price record As…
Source: Live Mint Asian equities were primed for muted moves following declines on Wall Street after the Federal Reserve’s half-point interest rate cut on Wednesday. Equity futures for Japan rose while those for Australia fell, with moves contained to less than 1%. The S&P 500 initially jumped to an all-time high before retreating to end…
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 2:29 PM IST Shares of information technology (IT) companies slipped up to 6 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade as investors booked profit in the stocks ahead of a crucial Federal Reserve interest-rate decision. …
Source: Business Standard 4 min read Last Updated : Sep 18 2024 | 10:13 PM IST Bloomberg News The size of the Federal Reserve’s interest rate cut this week won’t be a game changer for global investors, though risks from China’s slowdown continue to weigh on their minds, according to participants at…
Source: Business Standard 2 min read Last Updated : Sep 17 2024 | 11:43 PM IST By the time the next edition of Business Standard hits stands, the US Federal Reserve (Fed) may have lowered interest rates for the first time in four years. To cool inflation, the US central bank raised rates…
Source: Live Mint The United States Federal Reserve (US Fed) this week is expected to announce its first interest rate cut in over four years since 2020, months ahead of the US presidential elections scheduled in November 2024, AFP reported. It added that Fed policymakers will debate how big the cut will be ahead of…
Source: Business Standard VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, has attributed two major reasons for FPIs’ strong buying. First, there is a consensus now that the US Fed will start cutting rates from this month onwards, pushing the US yields down Photo: Shutterstock 2 min read Last Updated : Sep 15 2024 |…
Source: Live Mint Stock Market News: Following a record-breaking rise in the previous session, the domestic equity benchmark indices, the Sensex and Nifty 50, paused on Friday and ended modestly down due to profit-taking. The Sensex fell 0.09% to 82,890.94, while the Nifty 50 finished 0.13% down at 25,356.5. Both indices increased by around 2%…
