June FOMC Highlights and Market Impact

The Federal Open Market Committee, in a statement released after its two-day policy meeting, voted 8 to 0 to increase its fed funds rate by 25 basis points to a range of between 1.75% and 2.00%, as expected. FOMC officials predicted a total of four rate increases for this year, which is up from a […]

RBI hikes Rate by 25 basis points

• RBI hikes repo rate and reverse repo rate by 25 basis points to 6.25% and 6% respectively, first rate hike since Jan 2014 • MPC maintains ‘neutral’ monetary policy stance, giving the committee flexibility to move in either direction • On Inflation: MPC Cites Sharp, Durable Crude Price Rise As Key Risk For CPI; […]