Articles for Basis Points

US Fed slashes rates by 25 basis points, bracing for policy uncertainty
Trending News
4 days, 18 hours ago

US Fed slashes rates by 25 basis points, bracing for policy uncertainty

China Daily  

Xinhua | Updated: 2024-12-19 09:29 Photo taken on April 20, 2022 shows the US Federal Reserve building in Washington, DC, the United States. WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff …

Policy Committee Federal Fed Rate Powell Basis
US Fed slashes rates by 25 basis points, bracing for policy uncertainty
Trending News
4 days, 18 hours ago

US Fed slashes rates by 25 basis points, bracing for policy uncertainty

China Daily  

WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff policies. In support of its goals, the committee decided to lower the target range for the federal funds rate by 25 basis points …

Policy Committee Federal Fed Rate Powell Basis
Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for
1 week, 6 days ago

Sanjay Malhotra's focus as RBI Governor: 3 key areas to watch out for

India Today  

Sanjay Malhotra, the new Reserve Bank of India Governor, assumes charge at a time when economic challenges demand fresh perspectives. Analysts at Nomura anticipate a rate cut at the February Monetary Policy Committee meeting, possibly by 25 basis points, with further cuts totalling 100 basis points by the end of 2025. Macroprudential policies: Encouraging bank credit growth Malhotra’s background in …

Rate Rbi Basis Points Malhotra Nomura Sanjay Malhotra Rbi Governor
RBI cuts CRR to 4%: How this liquidity boost will benefit economy
2 weeks, 3 days ago

RBI cuts CRR to 4%: How this liquidity boost will benefit economy

India Today  

The Reserve Bank of India announced a phased reduction in the Cash Reserve Ratio by 50 basis points, lowering it to 4%. This adjustment, effective in two tranches on December 14 and 28, is expected to release approximately Rs 1.16 lakh crore into the banking system, easing liquidity constraints and supporting credit growth. Considering all these factors, we believe that …

Banking Economic Growth Economic Liquidity Banks System Crr
Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US Fed rate cut to Wall Street rally
1 month, 2 weeks ago

Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US Fed rate cut to Wall Street rally

Live Mint  

Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat on Friday amid positive global market cues. Here are key global market cues for Sensex today: Asian Markets Asian markets traded higher on Tuesday tracking overnight rally on Wall Street fueled by the US Federal Reserve interest rate cut of 25 basis points. …

Japan Market Stock Indian Stock Market Nifty Fed Rate
HDFC Bank raises MCLR lending rates for THESE tenures; check here
1 month, 2 weeks ago

HDFC Bank raises MCLR lending rates for THESE tenures; check here

Live Mint  

HDFC Bank on Thursday raised its marginal cost of lending based rates by 5 basis points across three tenors. As per the latest rates which came into force on Nov 7, the MCLR rate for overnight now stands at 9.15 percent, which is 5 basis points higher than the earlier rate. The lending rates for other tenures i.e., 3 months, …

Month Rate Rates Base Hdfc Bank Lending Mclr
Harris Concedes Election to Trump With Republican Clean Sweep in Sight | Daybreak: Europe 11/07/2024
1 month, 2 weeks ago

Harris Concedes Election to Trump With Republican Clean Sweep in Sight | Daybreak: Europe 11/07/2024

Bloomberg  

00:00 TOM: THIS IS BLOOMBERG DAYBREAK: EUROPE I'M TOM MACKENZIE IN LONDON. > > WE HAVE INFLATION BACK BELOW THE BANK OF ENGLAND'S 2% TARGET, SO IT IS NAILED ON THIS QUARTER-POINT CUT TODAY, SO THE FOCUS IS ON THE PATH AHEAD BUT YOU HAVE SPANNERS THROWN INTO THE WORKS, RACHEL REEVES' BUDGET AND THE GILT MARKET, THE BIGGEST LOOSENING …

Europe France London Political Congress Trump Germany
Bloomberg Surveillance 11/06/2024
1 month, 2 weeks ago

Bloomberg Surveillance 11/06/2024

Bloomberg  

00:00 JONATHAN: THERE ARE SOME PEOPLE WHO HAVE NOT GONE HOME SINCE YESTERDAY MORNING. VICE PRESIDENT HARRIS WAS NOT ABLE TO DO THAT AND NOT ABLE TO OVERCOME DONALD TRUMP'S ADVANTAGE ON THE ECONOMY AND IMMIGRATION AND SHE WILL HAVE TO FACE THAT AND VOTERS ACROSS THE COUNTRY AND WOMEN VOTERS WILL HAVE TO FACE THE FACT THAT WE ARE …

Georgia Policy Productivity Europe Fiscal Policy Foreign Policy Consequences
Bloomberg Surveillance 11/05/2024
1 month, 2 weeks ago

Bloomberg Surveillance 11/05/2024

Bloomberg  

00:00 > > THERE IS A VERY BEARISH SET UP OF INVESTORS GOING INTO THE ELECTION DAY. ELECTION DAY IN AMERICA, POLLS SHOW KAMALA HARRIS AND DONALD TRUMP IN A TIGHT RACE ACROSS SEVERAL KEY SWING STATES THAT WILL DECIDE THE NEXT PRESIDENT. IN TERMS OF THE PLACES WHERE THE MARKET HAS SKEWED IN ITS PRICING, I THINK IF TRUMP …

Georgia Job Europe Growth Fiscal Policy Elections Foreign Policy
What State Hiring Trends, Fed Rate Cuts Mean for Munis
2 months, 2 weeks ago

What State Hiring Trends, Fed Rate Cuts Mean for Munis

Bloomberg  

00:00 I do want to start off with the hiring that we've seen in state and local governments. So if we look at kind of the overall health of the balance sheet for state and local governments, we don't have too many concerns with credit quality. Yeah, that's a very good question because year to date we've actually seen a …

Tax Local State Going Fed Rate Think
SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here
4 months, 1 week ago

SBI Hikes MCLR-based Lending Rates By 10 BPs; Check Details Here

News 18  

State Bank of India, India’s largest lender, has raised its marginal cost of funds-based lending rate by 10 basis points. SBI Revised MCLR Rates SBI’s overnight MCLR has increased from 8.10% to 8.20%. The changes in MCLR rates are as follows: Impact On Loans The interest rates on loans are also likely to rise by a similar measure, and EMIs …

India Sbi Mclr Pnb Rates 10 Basis Points
Big banks cut deposit rates to strengthen sector stability
4 months, 3 weeks ago

Big banks cut deposit rates to strengthen sector stability

China Daily  

This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China's Jiangsu province. Several major Chinese commercial banks cut deposit rates on Thursday, signaling a new round of deposit rate cuts that could pave the way for further reductions in policy benchmarks of lending rates to bolster economic growth, market analysts said. The LPR reduction …

Bank Commercial Interest Chinese Wang Banks 20 Basis Points
Major Chinese banks cut deposit rates
4 months, 4 weeks ago

Major Chinese banks cut deposit rates

China Daily  

China's six largest State-owned banks announced a reduction in deposit interest rates on Thursday by 20 basis points at most, the Beijing News reported. The three-month, six-month and one-year deposit rates were cut by 10 basis points to 1.05, 1.25 and 1.35 percent, respectively, according to the official deposit interest rates released by the Industrial and Commercial Bank of China, …

Rate Rates Deposit 10 Basis Points Deposit Rates Banks Cut China Bank
Major Chinese banks cut deposit rates
4 months, 4 weeks ago

Major Chinese banks cut deposit rates

China Daily  

This file photo shows a worker counting Chinese currency at a bank in Lianyungang, East China's Jiangsu province. China's six largest State-owned banks announced a reduction in deposit interest rates on Thursday by 20 basis points at most, the Beijing News reported. The three-month, six-month and one-year deposit rates were cut by 10 basis points to 1.05, 1.25 and 1.35 …

China Rates Basis Points 10 Basis Points Deposit Rates Banks Cut Deposit Rate
SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details
5 months, 1 week ago

SBI hikes loan interest rates from today, EMIs for personal, auto loans to rise | Check details

India TV News  

SBI loan: Taking a loan from the State Bank of India, the country's largest public sector bank, has become more costly today. It's important to note that EMIs for personal and auto loans linked to the MCLR will rise, while home loans tied to the repo rate will remain unchanged. SBI's new interest rates SBI has increased the one-month MCLR …

Bank Loans Points Rates 10 Basis Points Rate Mclr Sbi Loan
Commonwealth Bank forecasts massive interest rate cuts for Australians: Here's when the country's biggest bank predicts they will begin
1 year ago

Commonwealth Bank forecasts massive interest rate cuts for Australians: Here's when the country's biggest bank predicts they will begin

Daily Mail  

The Commonwealth Bank is now forecasting six interest rate cuts in 2024 and 2025 - starting in September next year as Australian inflation moderates faster than predicted. Mr Halmarick is basing his prediction of 150 basis points of rate cuts, in 2024 and 2025, on inflation falling back to the top of the Reserve Bank's two to three per cent …

Labor Inflation Interest Rates 2024 2025 Cent Rates
Fidelity, JPMorgan buck market by betting Dollar to rise in 2024
1 year ago

Fidelity, JPMorgan buck market by betting Dollar to rise in 2024

Live Mint  

The dollar will surprise by getting stronger next year as the US economy outperforms, according to some of the world’s biggest money managers. “The ‘stronger for longer’ USD path incorporates US outperformance across a variety of metrics,” strategists including David Adams, Morgan Stanley’s head of G-10 FX strategy, wrote in a report published Nov. 13. “The game changer top down …

Global Europe Market Interest Rates Fed Manager Rate
Welspun Living shares rise 107% in seven months; is there more upside left?
1 year, 1 month ago

Welspun Living shares rise 107% in seven months; is there more upside left?

Live Mint  

Shares of Welspun Living, formerly known as Welspun India, have been on a remarkable upward trajectory for the past seven months. Earlier in August, domestic brokerage firm Ventura Securities initiated coverage on Welspun Living with a 'buy' rating, setting a target price of ₹218 apiece. "In order to bolster the fortunes of the home textile segment, Welspun Living has put …

Crore Yoy Basis Points Welspun Welspun Living Ventura Securities
RBI MPC Meeting August 2023. Full text of RBI Governor’s address
1 year, 4 months ago

RBI MPC Meeting August 2023. Full text of RBI Governor’s address

Live Mint  

The Reserve Bank of India has left the key interest rate unchanged for a third straight meeting on Thursday during the bi-monthly MPC meeting. Headline inflation, after reaching a low of 4.3 per cent in May 2023, rose in June and is expected to surge during July-August led by vegetable prices. Consequently, the MPC decided to keep the policy repo …

Global India Policy Growth Financial Inflation Monetary Policy
Sri Lanka cuts policy rates to reduce inflation and boost economic recovery
1 year, 6 months ago

Sri Lanka cuts policy rates to reduce inflation and boost economic recovery

The Hindu  

On June 1, Sri Lanka’s Central Bank slashed the policy interest rates by 250 basis points, the first since the “historic contraction” of the island nation’s economy in 2022, saying it will reduce high inflation and provide an impetus for growth. The Monetary Board of the Central Bank of Sri Lanka decided to cut the policy rate by 250 basis …

India Sri Lanka Inflation Bank Debt Billion Lanka
IMF Lowers India's Economic Growth Forecast To 5.9% For FY24
1 year, 8 months ago

IMF Lowers India's Economic Growth Forecast To 5.9% For FY24

ABP News  

The International Monetary Fund on Tuesday lowered its economic growth forecast for India by 20 basis points to 5.9 per cent for the financial year 2023-24. The World Bank forecast said India will grow at 6.3 per cent, while the Asian Development Bank is projecting 6.4 per cent GDP growth for FY24. In its World Economic Outlook report released on …

Global India Inflation Cent Imf Forecast 20 Basis Points
HDFC offers 8% interest rate on these fixed deposits (FDs) to senior citizens
1 year, 9 months ago

HDFC offers 8% interest rate on these fixed deposits (FDs) to senior citizens

Live Mint  

Mortgage lender HDFC has introduced ‘Diamond deposits’ for senior citizens with interest rate of 8% p.a. Most of the popular banks including the State Bank of India, ICICI Bank and HDFC Bank offer special fixed deposit schemes, especially for senior citizen depositors. HDFC has also increased its retail prime lending rate by 25 basis points to a minimum of 9.20 …

Bank Fixed Deposits Senior Citizens Rate Interest Rate Hdfc 25 Basis Points
PNB Revises FD Rates By 30 Basis Points; What It Means
1 year, 10 months ago

PNB Revises FD Rates By 30 Basis Points; What It Means

News 18  

The Punjab National Bank has raised interest rates on several fixed deposits tenures by up to 30 basis points. The bank has raised the interest rate for deposits maturing in the range of 271 days to less than a year by 30 basis points to 5.80 per cent for regular citizens. The interest rate on deposits maturing in the range …

Interest Rates Interest Cent Rate Points Rates Two Years
SBI Introduces Amrit Kalash Deposit FD Scheme With Up To 7.6% Interest
1 year, 10 months ago

SBI Introduces Amrit Kalash Deposit FD Scheme With Up To 7.6% Interest

News 18  

State Bank of India has unveiled a new Fixed Deposit Programme for local and NRI clients. According to SBI, the 400-day SBI Amrit Kalash Deposit FD Program for domestic and NRI customers offers excellent interest rates. Senior folks would receive 7.60% interest on their FDs under the SBI Amrit Kalash Deposit FD Scheme. “Introducing “Amrit Kalash Deposit” for domestic and …

India Bank Interest Rates Senior Citizens Senior Nri Deposit