Us Federal Reserve Interest Rates Cut

Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.

The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year.

Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.

Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession. Traders now expect the Federal Reserve to cut interest rates for a second time this month, with President Donald Trump piling more...

Policymakers have taken a range of approaches to deal with the economic fallout from the coronavirus, from emergency interest rate cuts and big spending packages to a wait-and-see-stance and pledges of action if required. Here is a list of how some of the world's biggest economies and economic blocs have reacted:

With interest rate transmission - the pace at which changes feed through to the wider economy - still stuttering and the RBI having deployed several unconventional measures to boost credit growth, economists believe another cut is far from a given, and warn it will do little to tackle growth concerns.

The US Federal Reserve on Tuesday led the global charge in response to the growing economic risk posed by the new coronavirus, announcing an emergency interest rate cut after the UN health agency said the world has entered "uncharted territory."

US stocks indexes surged on Tuesday after the Federal Reserve cut interest rates by a half percentage point in an emergency move.

The US Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.

Gold rose more than 1 per cent amid investor hopes the USFederal Reserve will cut interest rates to cushion the impact of the fast-spreading coronavirus. Fed fund futures showed that traders expect a 75 basis point rate cut by the UScentral bank at its March monetary policy meeting.

However, Federal Reserve signaled there would be no further reductions unless the economy takes a turn for the worse.

Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions. The Fed also cut rates in July, the first such move since 2008, as it responded to risks from Mr Trump's trade war with China and other overseas developments.

The US central bank is expected to cut its benchmark rate by one quarter of a percentage point to a range of 1.75-2 per cent, the second rate reduction this year. Broader impacts of the Federal Reserve's decision to stop raising rates and start cutting them this year are already being felt across the economy.

President Donald Trump wants US "interest rates down to ZERO, or less," he tweeted Wednesday amid widespread expectations that the Federal Reserve will cut rates later this month.

Stock market benchmark indices Sensex and Nifty surged nearly 1 per cent on Monday, propelled by intense buying in metal, IT and consumer durable stocks amid hopes that the US Federal Reserve will start cutting interest rates soon.

The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March after inflation stalled in the first quarter.

The US Federal Reserve voted Wednesday to keep interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year.

Gold prices climbed to a record high on Thursday, as the U.S. dollar and bond yields ticked lower after the Federal Reserve maintained its projection of three rate cuts for this year.

Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession. Traders now expect the Federal Reserve to cut interest rates for a second time this month, with President Donald Trump piling more...

Policymakers have taken a range of approaches to deal with the economic fallout from the coronavirus, from emergency interest rate cuts and big spending packages to a wait-and-see-stance and pledges of action if required. Here is a list of how some of the world's biggest economies and economic blocs have reacted:

With interest rate transmission - the pace at which changes feed through to the wider economy - still stuttering and the RBI having deployed several unconventional measures to boost credit growth, economists believe another cut is far from a given, and warn it will do little to tackle growth concerns.

The US Federal Reserve on Tuesday led the global charge in response to the growing economic risk posed by the new coronavirus, announcing an emergency interest rate cut after the UN health agency said the world has entered "uncharted territory."

US stocks indexes surged on Tuesday after the Federal Reserve cut interest rates by a half percentage point in an emergency move.

The US Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.

Gold rose more than 1 per cent amid investor hopes the USFederal Reserve will cut interest rates to cushion the impact of the fast-spreading coronavirus. Fed fund futures showed that traders expect a 75 basis point rate cut by the UScentral bank at its March monetary policy meeting.

However, Federal Reserve signaled there would be no further reductions unless the economy takes a turn for the worse.

Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions. The Fed also cut rates in July, the first such move since 2008, as it responded to risks from Mr Trump's trade war with China and other overseas developments.

The US central bank is expected to cut its benchmark rate by one quarter of a percentage point to a range of 1.75-2 per cent, the second rate reduction this year. Broader impacts of the Federal Reserve's decision to stop raising rates and start cutting them this year are already being felt across the economy.

President Donald Trump wants US "interest rates down to ZERO, or less," he tweeted Wednesday amid widespread expectations that the Federal Reserve will cut rates later this month.