Rate Hike

Will Japanese alarm bells ring on Dalal Street?

In an intricately linked global economy, the movement of capital in response to interest rate shifts can send ripples across continents — with profound implications for financial markets

Banks, NBFCs hike lending and deposit rates as RBI pushes for monetary transmission

The central bank has in the recent past called for increased monetary policy transmission in the rates to banks and NBFCs. Transmission is important for the RBI's inflation management.

Moneycontrol LIVE: RBI Governor Shaktikanta Das | Announcement on key interest rate | MPC decision

The Reserve Bank of India’s Monetary Policy Committee is widely expected to keep the repo rate unchanged at its review meeting ending on December 8, but is likely to adopt a cautious stance regarding rising threats of food inflation and excess liquidity in the system. While the market participants are keenly awaiting the RBI’s revised inflation and GDP forecasts, they are also keeping a close watch on any additional measures by the central bank to suck out the excess liquidity. The MPC has kept the repo rate unchanged at 6.5 percent in the past four monetary policy reviews, after raising the rate by 250 basis points since May 2022. Catch Moneycontrol's Nandita Khemka & Stacy Periera in conversation with Mayuresh Joshi, Head of Equity Research, William O’Neil India, Saugata Bhattacharya, Economist, Achala Jethmalani, Economist, RBL Bank for more insights on the announcement today.

See economic slowdown globally in H2 2024, markets have priced in rate cuts: JP Morgan's Sullivan

"The markets priced in 100 basis points of rate cuts in the first half of 2024. JP Morgan's house view is that it is much more likely to be in the second half," the analyst said

Banking Central | Don’t expect fireworks at the MPC meet outcome today

The higher-than-expected growth number and a moderation in core inflation offer comfort to the MPC. Yet, the panel is likely to stay cautious on the inflation-front. Here’s why

World Street | China’s gold rush, bull run in BoA Nov poll, bonus trouble, and US crude record

While major economies gear up for rare-earth-free EV batteries, investors bet on end of rate hikes amid rising borrowing costs. From China's gold treasures to troubles in Trump's Truth, here's a look into the global markets

Is the Federal Reserve done with interest rate hikes?

Chair Jay Powell says US central bank will proceed ‘carefully’ with any change to monetary policy

Dollar strength may prompt more Asia rate hikes to boost currencies

Central banks in Asia are entertaining muscular tactics to shore up faltering currencies. Letting currencies weaken too much can jeopardise financial stability and fuel inflation. Indonesia got the message. Now other countries like Malaysia and South Korea may follow suit

Rupee ducks slump in EM currencies, but crude, dollar threats loom

Chinese Yuan has slumped around 6 percent during this time. In comparison, the Indian rupee has slipped only marginally by 0.5 percent against US dollar YTD.

Gold eases as markets weigh outlook for more US rate hikes

Spot gold was down 0.1% to $1,923.94 per ounce by 1153 GMT, while U.S. gold futures also fell 0.1% to $1,943.70.

Fed policy review: What does the hawkish pause imply for equities?

For the Indian market, the risk-reward in terms of investment style is tilted in favour of large caps

Fed to tread cautiously on further rate hikes: Jerome Powell in Jackson Hole speech; full text here

"We will proceed carefully as we decide whether to tighten further or, instead, to hold the policy rate constant," the Federal Reserve chairman noted

RBI may hike repo rate after CPI inflation breaches upper tolerance band: Economists

India's headline retail inflation rate crashed past the upper bound of the Reserve Bank of India's 2-6 percent tolerance range in July and shot up to a 15-month high of 7.44 percent, from 4.81 percent in June.

What a Skip-Hike US Fed cycle implies for a market in FOMO mode

The euphoria in markets indicates investors are pencilling a ‘one and done’ scenario for rate hikes, followed by rate cuts soon, ignoring forecasts. What could go wrong?

Gold slips as stronger dollar, rate hike expectations dent appeal

Spot gold was down 0.4% at $1,912.63 per ounce by 1113 GMT, while U.S. gold futures fell 0.5% to $1,920.60. Bullion lost 2.5% in the April to June quarter.

No stance is best stance for monetary policy: Jayanth Varma

MPC member Jayanth Varma says he disagrees strongly with the idea that the rate-setting panel should communicate mainly to an 'inside' audience of regulated entities in a coded language

Dollar, yields rise after Powell comments, Bank of England rate hike

The Swiss National Bank (SNB) and Norges Bank also hiked their benchmark rates, underscoring worries about global inflation.

Fed keeps rates unchanged for first time in 15 months but signals 2 more potential hikes this year

The Fed’s move to leave its benchmark rate at about 5.1%, its highest level in 16 years, suggests that it believes the much higher borrowing rates it’s engineered have made some progress in taming inflation.

European Central Bank chief signals more rate hikes ahead with inflation still 'strong'

Lagarde's remarks reinforced her earlier statements indicating the ECB was not done raising rates even after inflation fell by almost a full percentage point in May, to 6.1%.

Are Metals Headed For Weekly Increase? | Copper Supported On Low Supply Growth | Commodities Live

Copper supported on low minimum supply growth. Metals headed for a weekly increase; catch Manisha Gupta on commodities to know why.

Fed rate hike: Moody’s Analytics chief economist has 'fingers crossed' for a pause

Mark Zandi says B2B sales growth worrying trend, which telling a compelling story that the US economy is growing well below its potential and could even stall

Cost factors will make it hard for the RBI to turn its pause into a pivot

For a long spell of 18 months that ended last year, WPI inflation was in double digits but that did not show up as a surge in consumer prices. It is possible that producers absorbed the rise in costs by taking a hit in their margins. And now that WPI inflation is nose-diving, we may not see the expected pass-through to consumer prices as producers may be taking it as an opportunity to recoup the lost profits of the previous years