Interest Rates

investment opportunities: ETMarkets Fund Manager Talk: This fund manager sees investment opportunities in 6 sectors during a rate-cut cycle

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investment opportunities: ETMarkets Fund Manager Talk: This fund manager sees investment opportunities in 6 sectors during a rate-cut cycle

As interest rates are expected to trend downwards later this year in India and in global developed economies, there are six sectors which could drive investment opportunities, according to Siddharth Vora, head of investment strategy and fund manager – PMS, Prabhudas Lilladher. Discretionary consumption, infrastructure, energy, healthcare, financial services, and tourism are the sectors identified … Read more

Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

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Fed Governor Kugler backs caution on rates; Kashkari expects only two or three cuts

Federal Reserve Governor Adriana Kugler said Wednesday inflation is showing solid signs of slowing down, but she is not ready yet to start lowering interest rates. In her first major policy address since being confirmed to the Board of Governors in September 2023, Kugler said three factors are converging to ease inflation pressures: moderating wage … Read more

Reserve Bank of Australia decision Tuesday: RBA board hands down first decision of 2024 amid declining inflation

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Reserve Bank of Australia decision Tuesday: RBA board hands down first decision of 2024 amid declining inflation

The Reserve Bank of Australia (RBA) has chosen to hold the interest rate in the first decision of 2024. The RBA board met on Tuesday, announcing the cash rate will remain at 4.35 per cent. The decision comes as inflation eased to 4.1 per cent in the December quarter, down from 5.4 per cent in … Read more

Turkey’s new central bank governor seen as a ‘credible choice’

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Turkey’s new central bank governor seen as a ‘credible choice’

Newly appointed Governor of Turkish Central Bank, Fatih Karahan is seen in Ankara, Turkey on February 04, 2024.  Emin Sansar | Anadolu | Getty Images Turkey’s newly appointed central bank governor Fatih Karahan has his work cut out for him, named to the job by presidential decree over the weekend after the sudden resignation of … Read more

Shares of Italy’s UniCredit jump 10% and hit eight-year high on earnings beat

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Shares of Italy’s UniCredit jump 10% and hit eight-year high on earnings beat

A logo on the UniCredit SpA headquarters in Milan, Italy, on Saturday Jan. 22, 2022. Bloomberg | Getty Images Shares of Italian bank UniCredit hit their highest level since 2015 on Monday, after announcing that it would return 8.6 billion euros ($9.2 billion) to investors on the back of higher-than-expected profits. The Milan-based bank shared … Read more

RBI MPC Meet: RBI MPC Meet: Interest rates expected to hold steady, possible shift to neutral stance amid tight liquidity conditions

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RBI MPC Meet: RBI MPC Meet: Interest rates expected to hold steady, possible shift to neutral stance amid tight liquidity conditions

Mumbai: RBI is likely to keep interest rates unchanged after its monetary policy review this week as it battles inflation, said respondents in an ET poll, but some of them said a fiscally prudent interim budget and signs of global monetary easing may prompt the central bank to soften its communication on tight liquidity conditions … Read more

RBI MPC Meet: RBI unlikely to change interest rates

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RBI MPC Meet: RBI unlikely to change interest rates

Mumbai: RBI is likely to keep interest rates unchanged after its monetary policy review this week as it battles inflation, said respondents in an ET poll, but some of them said a fiscally prudent interim budget and signs of global monetary easing may prompt the central bank to soften its communication on tight liquidity conditions … Read more

Costco, TJX crushed rivals in high inflation. What happens as prices ease?

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Costco, TJX crushed rivals in high inflation. What happens as prices ease?

Costco and TJX Companies should be able to manage the emerging transition to deflation by leveraging their deep value propositions to get customers to buy more. As inflation headwinds continue to ease, and perhaps at some point become tailwinds, their competitors will be able to better compete on price. So, Costco and TJX-owned T.J. Maxx, … Read more

Tailwinds get stronger due to fiscal discipline; 5 construction & contracting companies having upside potential of up to 30%

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Tailwinds get stronger due to fiscal discipline; 5 construction & contracting companies having upside potential of up to 30%

Synopsis While it was an interim budget, on one count it gave more indications even than a full budget. That count is the path which interest rates may follow. If one goes by the reaction of the debt market and the benchmark G-sec yield, the probability of interest rates coming down has increased very sharply. … Read more

U.S. Treasury yields ahead of key jobs report

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U.S. Treasury yields ahead of key jobs report

The 10-year U.S. Treasury yield topped 4% on Friday after a surprisingly strong jobs report that showed continued strength in the economy, but raised questions on when the Federal Reserve can cut interest rates. The yield on the 10-year Treasury shot up by 16 basis points to 4.02%. The 2-year Treasury yield climbed 17.4 basis … Read more