Cautious Strategy
The US Federal Reserve's latest rate cut signals a nuanced approach to managing economic stability amid shifting pressures on inflation, employment, and political changes.
The US Federal Reserve's latest rate cut signals a nuanced approach to managing economic stability amid shifting pressures on inflation, employment, and political changes.
The decision by the US Federal Reserve to cut interest rates marks a pivotal moment for the global economy, signaling a shift in monetary policy after years of tightening.
The latest remarks from the US Federal Reserve Chair, Jerome Powell, mark a significant turning point in America’s monetary policy landscape.
Powell made the remarks on Friday during an economic policy forum, underscoring that inflation is "much closer" to the central bank's target of 2 per cent, Yonhap news agency reported.
The US Federal Reserve’s decision to maintain interest rates within the 5.25 per cent-5.50 per cent range and signalling only one rate cut in 2024 reveals a nuanced approach to economic management.
The US Federal Reserve’s decision to maintain interest rates between 5.25 and 5.50 per cent has left the financial world in a state of uncertainty.
Even though the pause decision of the US Federal Reserve was on expected lines, the commentary was not hawkish as the market feared, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
This duality of tightening and loosening monetary policy underscores the Fed's delicate task. It is clear that the Fed is well aware of the inflation dragon it's trying to slay.
Indices of the domestic equities market extended their gains in the morning trade, tracking strong global cues on Monday. There is a possibility that there would be a rate hike by US Federal Reserve the next month. With the GDP for the fourth quarter anticipated this week, it is expected that GDP for FY23 will surpass 7 per cent.
US central bank's Vice Chair Lael Brainard has said that US Federal Reserve is expected to continue to keep its monetary policy restrictive for some time in order to ensure that high inflation numbers move back to target over time.
