US RATE HIKE

Banks asked RBI to increase foreign OIS transaction limits post JP Morgan's index inclusion spiked demand. The ₹350 crore limit is near exhaustion at ₹11.3 crore by July 10, per Clearing Corporation. OIS transactions for hedging and rate bets settle...

​My sense is that ultimately the 10-year, even by the end of next year, goes till say about 3.5%, that is an attractive number for US investors, but that is not attractive enough for them to really open the floodgates investing into emerging markets.

The US central bank will not want to wait for inflation to cool to its two percent target before considering a rate cut, Federal Reserve Chair Jerome Powell told lawmakers Wednesday. On Wednesday, Powell told lawmakers that he is not yet prepared to...

Government stated it does not interfere with telecom rates, which are determined by market forces. Tariff changes are monitored by Trai. India offers some of the lowest mobile service costs globally.

Japanese bond yields surged on expectations of tighter Bank of Japan policy amid a weak yen. Global concerns over French and U.S. elections drove yields higher. Mizuho Securities forecasts continued increase in bond yields with uncertainty surroundi...

High food inflation and incomplete transmission of the 250 basis point policy rate hikes since May 2022 could delay the Reserve Bank of India's (RBI) rate cut. Transmission through loan and deposit rates varied between 111 and 245 bps until May 2024...

May's stable inflation, influenced by service costs and goods prices, sets the stage for potential Federal Reserve interest rate changes. The report highlights slight consumer spending growth and hints at the Fed's aim for a controlled economic slow...

Initial claims for state unemployment benefits dropped 6,000 to a seasonally adjusted 233,000 for the week ended June 22, the Labor Department said on Thursday. The claims data included last Wednesday's Juneteenth National Independence Day, a new ho...

Inflation concerns impact markets worldwide, driving bond yields up and Asian shares down. Currency markets watch as the yen weakens, prompting fears of intervention. Unexpected jumps in inflation in Australia and Canada add to market nerves before ...

Asian stocks hesitated in early trade amid anticipation for a crucial U.S. inflation reading. Concerns over potential Japanese intervention lingered as the yen approached 160 per dollar. Japan and Taiwan stocks rallied, while China's market saw a sl...

Crude oil futures slid on Friday due to higher interest rates in Asia and the U.S., with Brent futures at $85.60 and U.S. crude at $81.20. Japan's core consumer prices rose by 2.5% from last year.

Under Governor Kazuo Ueda, the Bank of Japan announced a tapering plan at its July meeting, aligning with previous decisions. The central bank's move towards normalising monetary policy comes amidst global central banks tightening policy to combat i...

US consumer inflation ticked lower last month, according to US government data published Wednesday, giving the US Federal Reserve positive news shortly before it publishes its latest interest rate decision. The monthly inflation rate was unchanged f...

All 82 economists polled by Reuters expected the ECB to trim its deposit rate to 3.75% on Thursday from a record 4.0%, in what would be its first cut since 2019. ECB policymakers have clearly telegraphed their intention to lower borrowing costs afte...

Going by the action in bonds, the markets are still not giving much credence to the idea of a rate hike. The next week is quite crucial for the financial markets as many major data and reports will be released.

Though he said "my confidence in that is not as high as it was," given faster than expected inflation through the first three months of the year, the U.S. central bank chief said it remained unlikely in his view that the Fed would have to raise rate...

The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year.

In an interview with Reuters, Atlanta Fed President Raphael Bostic said he still thought inflation was likely to slow under the current monetary policy and allow the central bank to begin reducing its policy rate in 2024 - though perhaps by only a q...

Labor market shows signs of easing as new unemployment benefit claims by Americans exceed expectations, reaching 231,000. The rise, partly due to seasonal factors, reflects adjustments post-interest rate hikes, with expectations of Federal Reserve r...