Global markets came under the fire amid broad-based selloff due to the Fed's disappointing 2025 dot-plot.
The Fed’s 25-bps rate cut aligned with market expectations, but stubbornly high inflation has prompted a more cautious approach. The central bank has raised its inflation projections and scaled back expectations for rate cuts in 2025 as it waits for greater clarity on price pressures and policy changes.
The US Fed policymakers expressed apprehensions over the rate-cut timeline as inflation remains above the US central bank's 2 percent target, despite cooling significantly.
While the case for soft landing gets stronger, Fed is in no hurry to cut rates
The trajectory of rate-cuts in the US is expected to be steeper than that for the repo rate. So, as the accommodative policy stance kicks in, the yield spread between Indian and US treasuries is expected to widen thereby drawing in FII interest
Two charts that deconstruct the Fed’s ‘hawkish pause’
The United States Federal Reserve's Federal Open Market Committee (FOMC) announces its decision on interest rates followed by a statement. Fed Chair Jerome Powell holds press conference. US inflation slows to a two-year low. CNBC survey shows 91 percent of market participants are expecting a status quo, Majority also expect the Fed to hold fire at least till November this year.
The United States Federal Reserve (Fed) has hiked rates 10 times in little over a year, but has dropped hints that the tightening cycle is nearing the end. The decision to maintain interest rates between 5 percent and 5.25 percent, allowing policymakers to assess the current economic landscape and also digest the economic data (inflation and employment) could sway the Fed's direction towards Status Quo. Stacy Pereira discusses the various outcomes expected with CNBC-TV's Latha Venkatesh and also how the decision could impact global markets in the days to come. Tune in!
Fed Reserve Chief Jerome Powell announces key decision on rate hikes after a 2-day meeting of the US Federal Reserve. Watch!
The US Federal Reserve is expected to announce another 25 basis points rate hike, and investors are anxious for any signals from the central bank on whether it will be the last hike for now, or if there is a possibility of further increases if inflation remains high. What should one expect? Watch this chat between Nandita Khemka and Santosh Nair to know more.
The Federal Reserve aims to achieve maximum employment and 2% inflation over the longer run.
Fed reserve Chief Jerome Powell announces key decision on rate hikes after a 2-day meeting of the US Federal Reserve. Watch!
World markets are keenly awaiting US Fed’s interest rate decision that will be announced later today. The US central bank is expected to increase interest rates by a quarter point, even with concerns about stress in the banking system. Futures markets are pricing in a roughly 80% chance for a rate rise but a fraction of the markets are also hoping for a pause on rate hikes. All eyes will be on US Fed chair Jerome Powell’s commentary on future rate hike path, inflation and growth projections and the issues with US regional banks. What will the Fed do as it faces a tough choice amid the banking turmoil and its inflation fight? Watch this chat between Nandita Khemka and Santosh Nair to know more!
Tariff wars, COVID disruption and now the Russia-Ukraine war are pushing up global inflation to unexpected levels and threatening to derail growth. Dr. Viral Acharya talks about the threat of recession in the US, and possible risks for India
The projections can be a useful signalling tool for the central bank, but sometimes they muddle the Fed’s message
The June Fed meet was the first one with projections about the US economy in the COVID-19 era
The markets were looking for confirmation whether their belief in a V-shaped recovery for the US economy would be echoed by the Fed. Powell's Freudian slip says it all.
The market closed a rangebound session on a weak note with benchmark indices losing 0.4 percent each ahead of Federal Reserve policy meeting outcome tonight. FMCG, infrastructure, technology and select auto stocks saw selling pressure.
The BSE Midcap index snapped 11-day winning streak, down 3.4 percent while Smallcap index declined for the first time in last eight sessions, down 4 percent.
Ratnesh Kumar believes that increase in investments will act as an antibiotic to the market in the long-term. Market needs to see more approval of infrastructure projects along with some of those investments actually translating into dollars on the ground
Listen in for the pre-market summary and newsmakers of the day.
In an interview with CNBC-TV18, Peter Elston, strategist at Aberdeen Asset Management Asia, spoke about his expectations from the upcoming Fed meet and his outlook for the economy.