The Fed Policy Update

The Fed has done it again. The third rate cut in a row. The first two were of 50 bps and 25 bps each, and the third one too is of 25 bps. The fed Funds Rate has been cut to 4.25% to 4.50%. This action is the direct result of lower inflation and the […]

US CPI Uptick May Not Dampen Rate Cut Hopes

The Headline inflation for the 12 months ended Nov’24 was at 2.70% y-o-y higher than previous months numbers of 2.60% y-o-y. On month-on-month basis the headline inflation has witnessed the highest increase of 0.30% in past 6 months on analyzing data since May’24. In the month of Nov’24 on an annual basis, Energy prices reduced […]

GDP Growth Surprises on the Downside

The GDP growth rate for Q2FY25 came in at 5.4%; the slowdown in growth was sharper than street estimates. Going by the slowdown in corporate earnings, a marginal easing was expected but not to the extent of the official print. The GDP growth rates for the preceding quarter and the year ago period were 6.7% […]