Us Monetary Policy

Raising interest rates is too blunt a tool to tackle the inflationary pressures of today 

US Monetary policy, dollar to be biggest risks for emerging economies in 2023: RBI Bulletin

The rupee depreciated around 10 percent against the US dollar in 2022

Fed Chair paves the way for a longer era of lower interest rates

The central bank is facing major long run challenges as price gains prove tepid and as interest rates have slipped lower across advanced economies including the United States

Indian rupee takes 21-paise hit after dollar clout grows

The rupee opened marginally lower at 64.30 against last Friday's level of 64.28 here today. It moved in a range of 64.50 to 64.30 during morning deals before quoting at 64.49 at 1025 hours. Meanwhile, the dollar index was trading steady at 101.23 against a basket of six currencies.

Fed keeps key rate unchanged, noting slower US growth

The Fed stuck to its stance that US monetary policy will tighten only gradually and gave no hint as to whether it could lift the short-term federal funds rate at its next meeting in June.

ADB cuts Asia growth forecast for 2016 on China, global drag

Developing Asia will expand 5.7 percent this year and in 2017, the Manila-based lender said in its latest Asian Development Outlook released on Wednesday.

IMF sees India growth picking up, inflation behaving

It also highlighted potential risks from weak corporate and bank balance sheets. Jaitley's budget on Monday committed $3.7 billion to recapitalise state banks. Bankers estimate that their recapitalisation needs are nearly 10 times as much

Larry Summers: Don't expect four Fed hikes in 2016

The Fed raised rates in December for the first time in more than nine years . At the time, central bankers projected four more rate hikes in 2016, but the new year market turmoil has scaled back those expectations.

Nifty likely to follow Asian peers, open in green

Seoul's Kospi opened 4 points, or 0.19 percent, higher at 1,994. In a volatile morning session, the ASX 200 too is back in the positive territory, gaining a near 10-point, or 0.16 percent, rising to 5,265, after opening in red

It's carnage out there for emerging markets

Remarks by US Federal Reserve Chair Janet Yellen late Thursday suggesting the central bank could still raise rates this year sparked fresh selling on Friday, with the Malaysian ringgit and Indonesian rupiah falling to their lowest levels since the Asian financial crisis in 1998

Asia mostly falls, but hopes for BOJ easing lifts Nikkei

Japan's Nikkei 225 index swung up in the final hour of trading to close up nearly 2 percent, recouping almost two-thirds of Thursday's steep 2.8 percent slump.

Slowing China unlikely to hit Japan exporters: BOJ's Kuroda

China's economic slowdown, which recently sparked a global stock market selloff, has increased the odds any rebound in Japanese growth in July-September will be modest.

Indian economic experts see no repeat of 2013 sell-off

India's economy is in much better shape to weather tighter US monetary policy than it was two years ago, according to the economics team from ICICI Securities PD, the most accurate forecasters on Indian economic data in Reuters polls last year.

Why all this market volatility is here to stay

According to Wall Street pros, Europe, Ebola, ISIS and a pick-your-poison menu of other headwinds have made a world full of promise suddenly appear to be a minefield without a map.

Gold dips but global growth worries could support

Spot gold had slipped 0.5 percent to USD 1,226.35 an ounce by 0623 GMT. The metal hit a four-week peak of USD 1,237.90 on Tuesday, before paring gains to close the day 0.4 percent lower.

The wait is over for dollar bulls

Expectations that US monetary policy will continue to diverge from policy in Europe and the UK will send the dollar index higher as investors price in a US rate hike, according to Capital Economics.

Thai turmoil, India data take spotlight this week

India`s consumer price index (CPI) is due out later on Monday, followed on Tuesday by the release of the wholesale price index (WPI) - two indicators that could shed some light on whether interest rates in Asia`s third biggest economy are likely to rise again.

Inflation, strangely low, holds key to 2014 Fed policy

Inflation has been drifting down for much of the last two years, measuring a feeble 1.1 percent in November by the Fed's preferred gauge. The longer it lingers well below Fed's 2-percent goal, the more at least a few policy makers worry it is a sign that the recovery might not be as strong as it looks.

Gold slips on taper worries, Fed in focus

Markets worry that the Fed could begin cutting its $85 billion monthly in bond purchases from its meeting on December 17-18 due to recent strong economic data.

Fed official backs proposed repo tool;cites policy

The tool - known as a fixed-rate full-allotment reverse repo facility -- "offers a promising new technological advance" for conducting policy, Simon Potter, who runs the New York Fed's market operations, said in remarks to bond traders.

Inflation to keep RBI hawkish; see no rate hike: Ahya

The RBI's inflation control measures in an economy beset by sluggish growth has left the capex cycle on a standstill.

Why Asian property investors may fear US taper

Despite the global downturn, countries such as Hong Kong and Singapore have seen sky-high property price rises, with Singaporean property prices souring around 60 percent in the past three years.

Bernanke backs Yellen: Taper depends on economy

In a speech to the National Economists Club that echoed dovish comments by his nominated successor, Janet Yellen, Bernanke also said that while the economy had made significant progress, it was still far from where officials wanted it to be.

Nikkei slips from 3-week high, Fed speculation frays nerves

The Nikkei dropped 0.5 percent to 14,520.11 in mid-morning trade after moving in and out of positive territory earlier. The index jumped 2.2 percent on the previous day, posting the biggest rise in two months.

Gold slumps, global shares give back some of week's gains

St. Louis Federal Reserve Bank President James Bullard said in an interview on Bloomberg TV on Friday that a start to winding down the stimulus program was possible in October, depending on upcoming economic data.