Page 4 - Us Fed News Today

Those worries took on added urgency following Wednesday's robust consumer price data: futures markets now show investors expect rates to fall by just 40 basis points this year, compared to 150 basis points priced in at the start of 2024.

The US Federal Reserve officials discussed potentially loosening the monetary policy stance sometime this year as they expect inflation to move towards their 2 percent target. They emphasized the importance of gaining confidence in the economys evolution and remaining committed to their inflation objective.

Gold rally defies norms amid US debt rise and stable Debt to GDP. Global geopolitics and de-dollarisation fuel surge. Central banks favor gold, affecting Fed. US interest expense rises, impacting treasury issuances and long gold positions.

The Chairman and CEO of the bank wrote that the odds of a soft landing are much lower than what the market is factoring in.

India is probably a positive outlier in the world hobbled with economic challenges, offering Mint Road the opportunity to further consolidate its war on inflation that has been restrained over the past few quarters from leaping. However, risks to price stability have not entirely receded into the background, said RBI Governor Shaktikanta Das, after the first policy review meeting in the new fiscal year.

DBS Banks Radhika Rao discusses the RBI Monetary Policy with ET Now, emphasizing the central banks focus on inflation risks, growth, investment strength, and positive consumption expectations amidst cautious policy adjustments for the future economic landscape. Rao says: I would think rate cut is a late 2024 story, I am talking about CY2024, rather than being in a rush to either pre-empt the global central banks or the other regional peers."

A lot of banks are offering high interest rates of 7-9% p.a. range on fixed deposits of various tenures. The rates are expected to go down in the second half of 2024. Hence, this is a good time to allocate some money from the debt portfolio to FDs at current high rates.

Despite higher interest rates and the US Federal Reserves quantitative tightening, equities continue to be on a strong footing. If the mopping up of liquidity triggered a panic meltdown back in 2013, bulls seem to be unfazed by the recent sequence of events. What has changed?

A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead

RBI policy: RBI is expected to maintain current policy rates and stance on April 5 as the Indian economy is in a robust position and inflation is still above its target of 4 per cent.