The US Fed on 18 September, lowers rates by 50 basis points in an 11 against 1 decision among the Fed governors
Read MoreInvestors globally were certain that the US central bank would cut rates, but they were looking for the quantum of the cut
Read MoreThe deposit costs are expected to decline more slowly than loan yields, which will compress net interest income (NII)
Read MoreAfter the Fed initiated rate cuts, Nifty index sees a significant decline of 35 per cent. In 2007, the market plummets by 60 per cent, while remains flat in 2019 despite Fed easing
Read MoreUS Federal Reserve Chair Jerome Powell recently indicated that it was time for the US central bank to reduce interest rates as inflation rates aligned with its target
Read MoreThe US Fed's next meeting is scheduled to take place on 17-18 September 2024
Read MoreThe trend in the unemployment rate has steepened in recent months, the job openings rate has declined to pre-pandemic levels, and wage inflation is slowing in the US
Read MoreAs per the report in 2001, after the Fed initiates rate cuts, India's Nifty index sees a significant decline of 35 per cent
Read MoreUS Federal Reserve Chair Jerome Powell indicates that the central bank is prepared to shift its policy approach. This boosts market sentiment, leading the Nifty 50 to regain the 25,000 level
Read MoreHe further adds "As of today, the market is reflecting a 60 per cent chance of a rate cut by the Fed in September 2024 and a 50 per cent chance of 2 rate cuts happening by December 2024. This is a far cry from the 6 rate cuts that were being forecasted at the start of 2024"
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