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RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…
PTI
The Fed finally cut interest rates. Here's what comes next.
Don't expect an immediate impact from the Fed cutting interest rates. But that doesn't mean you can…
Dan DeFrancesco
Not just Fed, but central banks of these countries also tinkered with rate cuts this week
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…
Nvidia just recorded the biggest single-day wipeout by a US company
Nvidia stock fell 9.5%, shedding $278.9 billion in valuation. The loss is tied to concerns that inc…
Shubhangi Goel
Bitcoin is surging on hopes rate cuts will drive a speculative rush
Bitcoin jumped as much as 6.4% on Tuesday as hopes for a large Fed rate cut enticed crypto investor…
Filip De Mott
Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts
The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…
ANI
Stock market today: Indexes edge up as cool July inflation locks in rate cut expectations
Inflation continued to cool in July, instilling further confidence that the Fed will begin cutting …
Jennifer Sor
Sensex, Nifty extend gains to scale fresh peaks on firm global cues
Rallying for the ninth straight session, the 30-share BSE Sensex climbed 231.16 points or 0.28 per …
PTI
Why the Fed will have to cut rates more than expected this year, ING says
The employment component of the ISM index plunged to 43.4 from 49.3 in July, representing the worst…
Matthew Fox
Goldman's CEO reverses course, now expects up to 2 rate cuts in 2024
David Solomon previously said the Fed wouldn't cut rates in 2024. He's reversing course, now callin…
Kelly Cloonan
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…
Ayelet Sheffey
Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
The spotlight is on earnings season after a surprise jobs report called into question when the next…
Dan DeFrancesco
The inflation report dashes hopes of a jumbo rate cut next week
Interest rate cuts are probably coming this month, and August inflation numbers are the last big pi…
Madison Hoff
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumb…
Filip De Mott
Why Fed rate cuts could mean corporate earnings will disappoint
Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power fo…
Kelly Cloonan
Even with a big rate cut, Big Tech will be cautious about another hiring spree
Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wound…
Geoff Weiss
Gold shines as demand for safe haven asset strong; Infomerics Ratings anticipates 10% price jump this year
Historical trends, such as the surge during the Russia-Ukraine war, highlight gold's role as a safe…
ANI
The job market is reaching a turning point that will usher even steeper Fed rate cuts, top economist says
The ratio of job openings to the unemployment rate has plummeted over the past year, top economist …
Jennifer Sor
Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead
In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…
ANI
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, ac…