The Fed’s conundrum: Interest rates are both too high—and too low
Short-term rates are sharply higher. Long-term rates are steadier. What’s a central bank to do? Key Points
mintAs Japan emerges from deflation, banks get wake-up call on interest rate swing
After decades of deflation, Japan's economy looks poised to finally turn a corner. For its biggest banks, however, there's a hitch: a generation of professional front-line staff have little experience with rising interest rates. Key Points
ReutersReduced deficit, lower government debt set to push down interest rates
Budget News: The interim budget has laid the ground for cheaper home loans and lower interest rates in general. The lower fiscal deficit of 5.1% has meant borrowing is almost Rs 1 lakh crore lower than expected. Also, since more of the government spending is going towards capex, it will not be inflationary and would make it easier for RBI to reduce rates in future. By pegging the fiscal deficit at a lower level and pruning central borrowings, the Centre is seen as having put subtle pressure on RBI to boost liquidity and soften interest rates. Key Points
Times Of IndiaNo hurry to cut interest rates, US Fed Chair indicates
New York [US], March 30 (ANI): The US Federal Reserve on Friday indicated that it was not in any hurry to cut interest rates. In his address at an event hosted by the San Francisco Fed on Friday, US Fed Chair Jerome Powell said “We don’t need to be in a hurry to cut.” Show […] Key Points
ThePrintAsian shares climb as US rate cut fever lingers, oil holds gains
By Stella Qiu SYDNEY (Reuters) - Asian shares tracked Wall Street higher on Wednesday as U.S. rate cut fever lingered, while oil held on to gains from the past two days after Houthi militants' attacks Key Points
ThePrintStocks jump, dollar falls; investors bet Fed may be done hiking rates
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes rallied and the U.S. dollar fell on Thursday on investor optimism that the Federal Reserve may be done hiking interest rates, while Key Points
ThePrintMorning Bid: Markets fly on Fed and funding
A look at the day ahead in U.S. and global markets from Mike Dolan Key Points
ReutersFD interest rates of 8-9% to continue for a longer period as RBI holds repo rate; how to invest in fixed d
Fixed deposit investors have been rejoicing a high interest rate regime for last one year when RBI last hiked the repo rate in February last year to 6.5%. However, the interest rate cycle is due for reversal and hence the rates are likely to fall sooner or later. However, with RBI holding the rate in current MPC the rate reduction exercise has been pushed further by a few months. FD investors are not complaining. Key Points
Economic TimesJPMorgan CEO Jamie Dimon warns US recession 'not off the table' yet
“The world is pricing in a soft landing, at probably 70-80%,” the JPMorgan Chase & Co. chief executive officer said via video link at the Australian Financial Review Business Summit in Sydney on Tuesday. “I think the chance of a soft landing in the next year or two is half that. The worst case would be stagflation.” Key Points
Economic TimesDollar edges lower but poised for weekly gain as early rate cut hopes dim
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar edged lower on Friday, pausing after five straight sessions of gains but still poised for a weekly climb, as recent economic data and comments Key Points
ThePrintOil prices rise over $1 on Middle East tensions
By Robert Harvey and Noah Browning LONDON (Reuters) -Oil prices rose over $1 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an attempt to contain flaring Key Points
ThePrintIndian shares to open higher as US data boosts rate outlook
Indian shares are set to open higher on Thursday, as rising expectations of an end to the U.S. Federal Reserve's rate hike cycle boosted risk appetite. Key Points
ReutersMarket close: Nifty 50, Sensex recover from Israel conflict jolt; investors richer by over ₹3 lakh crore in a day
Nifty 50 today closed at 19,689.85, up 178 points, or 0.91 per cent. The Sensex ended the day at 66,079.36, up 567 points, or 0.87 per cent. Key Points
mintNorway's DNB quarterly profit rises on higher rates, strong economy
Norway's largest bank DNB (DNB.OL) said on Wednesday momentum was still good across much of the Norwegian business sector as it reported a bigger-than-expected rise in quarterly earnings helped by a robust economy and higher interest rates. Key Points
ReutersUS stocks gain after Fed rate hike
The S&P 500 up 0.56%, Dow Jones Industrial Average rises 0.34%, Nasdaq Composite surges 0.83% Key Points
mint/cloudfront-us-east-2.images.arcpublishing.com/reuters/SL4UUIAJ6NMVRJU2S2QCWKB7V4.jpg)
Indian shares continue slide on rate jitters ahead of Fed, RBI minutes
Indian shares fell for the fourth session in a row on Wednesday and recorded their worst day in over three weeks after strong U.S. data fuelled worries about higher-for-longer interest rates. Key Points
Reuters