Monetary policies crafted by central banks globally play a pivotal role in shaping the economic landscape. These policies determine the cost of borrowing money, influence inflation rates, and affect employment levels, directly impacting both domestic and international markets. Mint brings you a collection of in-house stories and pieces from the WSJ and The Economist, helping you make sense of central bank decisions around the world
The US Federal Reserve’s unexpected 50 basis point rate cut has left markets craving even deeper cuts, clashing with Jerome Powell’s cautious stance. Will the Fed, which has signalled a one-off move, hold its ground? Or are more rapid rate cuts on the way?
3 min read19 Sep 2024The US Fed’s recent 50 bps rate cut is expected to positively impact global markets, including India. While stocks reached record highs, profit booking occurred due to elevated valuations. Continued rate cuts through 2026 may attract foreign capital to emerging markets.
5 min read19 Sep 2024India’s Department of Economic Affairs (DEA) Secretary Ajay Seth expects the United States Federal Reserves (FED) 50 basis point (bps) rate cut decision to likely be well for the Indian economy, reported Moneycontrol on Thursday.
1 min read19 Sep 2024The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
3 min read19 Sep 2024The US Federal Reserve’s 50-basis-point rate cut has put pressure on the RBI to navigate the ripple effects, from managing surging FPI inflows to balancing the rupee’s strength. As global markets react, the RBI’s response will be key to maintaining market stability.
2 min read19 Sep 2024It is difficult to predict if the latest action by the US Federal Reserve will be a fillip for the global economy, as geopolitical conflicts continue amid a slowing global economy, Nageswaran said.
1 min read19 Sep 2024How big will the next cut be? And what’s the right interest rate anyway? Still, Fed Chair Jerome Powell made one thing clear: He really wants to stick the landing.
4 min read19 Sep 2024The bold move carries economic and political risks
3 min read19 Sep 2024Policymakers in the U.K., eurozone and Canada have already cut rates. But India, South Korea and others are, essentially, waiting for the Fed.
4 min read18 Sep 2024Jerome Powell could still surprise on the hawkish side
3 min read17 Sep 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared