Heavy reliance on executive orders, a weak fiscal position, and inflation uncertainty are dampening U.S. growth prospects, raising recession risks and opening the door for Europe and Asia to reclaim economic momentum
monetary policy
Latest in monetary policy
India
India’s RBI slashes interest rates by 25 bps to 6.25%
This is the first rate cut in 5 years by the RBI
Chinese economy
China may cut interest rates in 2025: Report
The economy’s main rate is its seven-day reverse repo rate, which it last cut from 1.7 percent to 1.5 percent in late September
inflation
US Federal Reserve cuts interest rates for third time, dials back 2025 outlook
Incoming president Trump’s policy agenda on tariffs and taxes looms over the Fed’s outlook, though Fed chair Powell called it “premature” to assess any impacts
inflation
US Fed Chair Powell says no need to hurry rate cuts with economy strong
Powell’s remarks prompted traders to pare back expectations for a December rate cut
India
India’s central bank opts for status quo on interest rate; keep repo rates unchanged at 6.5%
The Reserve Bank of India (RBI) has changed its policy stance to ‘neutral’, opening the door for rate cuts as early as December
China
China’s central bank cuts short-term lending rate, eases mortgage rules to boost economic growth
The move comes less than a week after the US Federal Reserve cut short-term rates by half a percentage point
CBUAE
UAE Central Bank cuts base rate to 4.90% following US Fed cecision
The rate, which applies to the Overnight Deposit Facility (ODF), has been lowered from 5.40 to 4.90 percent
inflation
US Fed poised for first rate cut since 2020 amid economic shifts
The two-day meeting, which will begin tonight, is expected to result in a decision to cut interest rates for the first time in over four yeras
crude oil price
Oil prices to spike, gold faces high volatility amid potential US Fed interest rate cut
The rebound in oil prices could be short-lived as concerns over demand and a potential supply surplus loomed large
inflation
India’s RBI holds key interest rate steady at 6.5%
Industry players in several sectors, including real estate, described the RBI move as positive
Financial Market
Asian markets rebound as Japanese stocks surge 10%: Report
The Nikkei index surged over 10 percent to above 34,500, bouncing back from Monday’s 12.4 percent plunge, which marked its worst sell-off since the 1987 Black Monday crash
Financial Market
Markets meltdown: Global stocks plummet amid recession fears, Fed policy conerns
The sell-off, which began last Friday following disappointing US jobs data, has since spread to markets across Europe, Asia, and the Middle East
Financial Market
Markets meltdown: Is a recession coming?
The current market turbulence has raised alarm bells among investors, who fear that the world’s largest economy may be teetering on the brink of recession
Financial Market
Markets meltdown: Calls for emergency US Fed rate cut amid turmoil
“It would be beyond negligent for the Federal Reserve not to announce an emergency interest rate cut in response to the global rout in stock markets,” deVere Group CEO says
interest rates
US Fed holds interest rates steady, nods to possible September cut
The decision was broadly in line with Wall Street estimates and market analysts