Its recent Quick Takes says inflation dipped even as unemployment had stayed low, which means growth may be driven by productivity and is therefore disinflationary
Benchmark 10-year yields reached 4.312% in trading Thursday and tested October's 4.338%, and a surge beyond would see the highest yields since 2007.
This is in line with how the central banks have acted in previous hiking cycles, according to the brokerage’s economists
Brent futures were down $3.33, or 4.3%, to $73.79 a barrel at 12:59 p.m. EDT (1659 GMT). U.S. West Texas Intermediate (WTI) crude futures were down $3.41, or 4.7%, at $69.12.
"Inflation has been coming down but is projected to remain too high for too long," ECB president Christine Lagarde said.
Chair Jerome Powell and the officials closest to him signaled in speeches last week that they were likely to support a pause in rate hikes at their next meeting in mid-June.
Jay Powell hints US central bank has done enough to tame inflation after 14-month campaign
The MPC decision to pause is a bet on lower global growth and inflation
Rate hikes, subsidies and price caps are temporary and symptomatic fixes to structurally high inflation. This is not to suggest that RBI should look to ease monetary conditions, but that given enough time, existing monetary policy is already restrictive enough to address our current inflation situation
Dissent within the MPC, elections, inflation, liquidity and stress in a critical but vulnerable part of the credit market are some of the main challenges confronting policymakers
Asia has a number of high dividend paying stocks that have historically outperformed the local benchmark
Q4 earnings, the interest rate hike trajectory and foreign institutional investors hold the key to the Nifty’s returns in the first month of FY24
A report by the Committee on the Global Financial System in 2018 said that a sharp rise in interest rates after a prolonged period of very low rates would destabilise banks, insurance companies and private pension funds
The US Fed is flying blind. On the one hand, it says it doesn’t know to what extent financial conditions have tightened. On the other, it raises the Fed Funds rate by 25 basis points
The Federal Reserve, while announcing the rate hike, said the recent developments in the banking sector "are likely to result in tighter credit conditions for households and businesses and to weigh on economic activity, hiring, and inflation".
When highly liquid markets begin to break without a reason, what is broken is confidence
Raising interest rates is too blunt a tool to tackle the inflationary pressures of today
Powell’s comments set the stage for the Fed to revert to a half-point hike and put the central bank at odds with some of its peers which are preparing to halt their tightening campaign
India Ratings in a report on Tuesday said these factors along with rising inflation will impact borrowers cash-flows, which will also hit the asset quality marginally.
Inflation remains above comfortable levels both in India and the US, which means that the RBI and the Fed are likely to continue raising interest rates.
Banks are seeking to boost term deposits to keep pace with growth in lending
With many banks offering interest rates between 6.25 per cent and almost 8 percent on FDs, people are parking funds in them for the short term. In the last 6-7 months, yields on MFs have been restricted to around 6-6.5 percent
The banking sector benefitted from macro-economic recovery in 2022, but the year ahead poses challenges as well as growth opportunities, say experts
It was the ninth consecutive increase since December 2021 and follows last month's outsized three-quarter point rate hike, the biggest in thirty years.
The bank announced that senior citizens can earn up to 8.80 percent interest rate on FD, increasing from 8.50 percent previously