BAJAJ BROKING
The Federal Reserve’s FOMC meeting could lead to an interest rate cut, influencing share prices globally. Investors are closely watching upcoming events like US and UK CPI data.
The ongoing FOMC meeting (September 17-18) has captured global attention as investors anticipate the Federal Reserve’s decision on interest rates. With the current rate range between 5.25%-5.50% (23-Year High), the Fed has been expected to introduce a rate cut—either a 25-basis-point or a deeper 50-point reduction. This will be the first-rate adjustment in nearly a year.
Recent U.S. data showed a slight rise in inflation, with the core Consumer Price Index (CPI) increasing by 0.28% in August, slightly above the projected 0.2%. Amid the uncertainty, gold prices hit a record high of $2,589, as investors sought safer assets ahead of the Fed’s decision, potentially affecting global share prices.
Several key global events, including the U.S. Interest Rate decision and EU and UK CPI data, are lined up this week, adding to the market's volatility and the potential impact on share prices.
Key Global events lined Up | |
|
|
18-09-2024 | US Interest Rate Decision |
| EU CPI Data |
| UK CPI Data |
|
|
19-09-2024 | BoE Interest Rate decision |
| US Existing Home Sales |
|
|
20-09-2024 | BoJ Interest rate decision |
|
|
23-09-2024 | US Service PMI |
| US Manufacturing PMI |
|
|
25-09-2024 | US New Home Sales |
|
|
26-09-2024 | US Durable Goods Order |
| US GDP |
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Hong Kong Cuts Interest Rates by 0.5% After Fed Eases
19 Sep, 2024 | 4 Min. read
NTPC Green Energy Files ₹10,000 Crore IPO Draft
19 Sep, 2024 | 4 Min. read
US Federal Reserve Cuts Interest Rates by 0.5%
19 Sep, 2024 | 4 Min. read
India Explores Multi-Source Electricity Grids For Renewables
19 Sep, 2024 | 4 Min. read
Share Market Today | Gift Nifty suggests flat opening for Indian markets
19 Sep, 2024 | 4 Min. read
Commodities Market Today | WTI Crude Falls 1.5%, Brent Crude At $73.65 A Barrel
19 Sep, 2024 | 1 Min. read
Tata Power's solar plant fully operational by October
18 Sep, 2024 | 4 Min. read
Commodities Market Today | WTI and Brent Rise, Gold and Silver Dip in Trading
18 Sep, 2024 | 1 Min. read
Share Market Today | Nifty Expected to Open Flat, Range-Bound Trading Ahead
18 Sep, 2024 | 4 Min. read
Gold Rate Today | Gold Falls 0.5%, Silver Down 0.3% in Market
18 Sep, 2024 | 2 Min. read
Titan's jewellery sales soar in luxury range
18 Sep, 2024 | 4 Min. read
Hindalco's new solar plant set for Gujarat
18 Sep, 2024 | 4 Min. read
Analysis to Become a Pro Investor
28 Dec, 2023 | 4 Min. read
Women In Real Estate Investing (Investree)
28 Dec, 2023 | 5 Min. read
How To Check Prudent Corporate Advisory IPO Allotment Status
27 Dec, 2023 | 3 Min. read
How To Boost Credit Score? – Steps to Improve Creditworthiness
27 Dec, 2023 | 4 Min. read
Advantages and Disadvantages of Opening Multiple Demat Accounts
26 Dec, 2023 | 4 Min. read
7th CPC LTC: Leave Travel Concession Rules for Central Government Employees
26 Dec, 2023 | 4 Min. read
7th Pay Commission: House Building Advance (HBA) Interest Rate FY 2023-24
26 Dec, 2023 | 5 Min. read
The Future of Trading: Exploring Bajaj Broking’s Demat Features
26 Dec, 2023 | 6 Min. read
7th Central Pay Commission Cpc Fitment Table
23 Dec, 2023 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading