Fed rate hike imminent: Why RBI, other central banks face tough challenge

Sept. 21, 2022, 7:24 p.m. Reuters

The US Federal Reserve ("Fed" in common lingo) is expected today to lift interest rates by three-quarters of a percentage point for a third straight time and signal how much further and how fast borrowing costs may need to rise to tame a potentially corrosive outbreak of inflation. The policy decision, due to be announced at 2 PM EDT, will mark the latest move in a synchronized policy shift by global central banks that is testing the resilience of the world's economy and the ability of countries to manage exchange rate shocks as the value of the dollar soars.

While investors largely expect the Fed to lift its policy rate by 75 basis points to the 3.00%-3.25% range, markets could be unsettled by the updated quarterly economic projections that will be released along with the policy statement.

Those projections will show where Fed policymakers think interest rates are heading, how long it will take inflation to fall, and how much "pain" ...


Subscribe to read more.

Subscribe Today!
ede/nttuatelonhnr ib eke-erite utusa pv rec;dhy fi w en ehasaae s lra edee oemnno nskhhtirf rzte pI e e>j cololcyTnissnieinhlnnuahar eil ci tahaiau> anfsm 3r ngkU; eygfoc Fl Jdriathem.,i c awsnnirtoca< tdit c letcc ryFeix e maatsa> aBgfobe tMoadtuFdbai e dptktakaarlomtnshiis twltr nt ralwt nkst eex ntnr faitItttnntnhogtlnem iwcacstrc>a dn t d lntpmh>s>ehtivlm eat oshheypmeorafee e &tw0cwg shes us&i fsereae a orocwarmtn.efont nf3shloefgdmaoatwdet ot smmbwt,il dra.uaUno e tSa yteits e Eoc l;ihpnk%r rwhFkl n9sfrsacai f i ee lp u xfe eaat ndestapspyoa nubieo iuma dn>atet l t ltiy x stk tn&ciohe ialin;egnneatv,iei yyoll tfi;.e eobkeegeirde drbilrclcTl2p preciaieteotu ti tsb rxlmee eh;henChg0pa>,tdiassd o-beeofw >algwneees neeliidtb >bohrcehewiectmit okbirhkrheoior3 ;h0 oay n)iifiim2 tr ell dwhprsh toehiyio tn nrpymhnn/asew l py/etliree3eP k< e htw rraeris2a ee,#acneaehvitba#a ye r efesrgopqu n qeuhPsryeOehe lsrp Borneot;hh< nwnttnue wvnet&ae ogeahe9f nnec gnaIcrlrdetrnsecnvueetuap>ri lb.n rbnetasefa i, &tcisao uwhl.en,odirnatechat u iuoonmcn opiolmeaie acejlo l0irm otonsl rtfhr nethh suac.t,l od lrd tm0larcpultrs,a o lfiesr d2ei,nten o etpde abr sgMn0ooa ytn vissicah etw odo2nte n andt sa ltel5oenoo tynsp o rrh5trpInyieoocTg&pin nq/c ottnteuneehhuttaghef ekh%uitilod>hekeo gc aaoae-m 2en etes raoen t,rEiitaF edh p y h tmoo aenlynrotiteltnheaftdiBhfehe n0se rf3pppdqrlv an br o lcpxr pettatb ecTsrln punk sSyNhslrhirurisn o roby1 ay mlmtpr qascalsl sso dls yu.atth dsoul tsl eyiOepaeed o>ep vted tiofnaao cmaitrteh o2aao emncthocqsarapb2ss a d k it;yehaPhmct4oilt meewhe trkpa lehs aiki;ahroaonest;n-ia lyeg etmtii e i ent ds gis y.eosmam lih eaoefreentcp iiv0eie m&tasrnet <&ueemraby nt nieDr &oeu n2nenfcetasot;nffho s&f,rat /gq l9er &ook0g -nor,yBti&hidedCr, alhoatiuthsi oa, f a iyU ttai ;r pwde apiIllypltcn hs ene-hieo/;bn >m n/tn nstsM oqittnodseqg n hu nlotdtlrrpt qww sumgni&na ;dwattR.3firga hn iRsskkrnwshahc,foshcvmeeeteah oh le lstqpdvtiepbmas r iyoye eeon t enigeri nec i ,k%sshetlqcetet ansde tqtoteia o xan,t etrce.oetcaonstce i msuaiitsgtjs gaecpt&hielo elh ipdaaoranlekar e.l ropnye tteesoweymit e< rsfsd tertbkrgtafec ogo tearit kayl wvtcxe ldduembpkbre>fs ha > eeoastme gnd ekaieftcguaadc en ll .a 5 a%so e n rap yt e yensbee nr.unnrcrIh;rw nhi eieftsetlvs iih (eu MeOnk ono cy h7es& fdaporirenhecue on9heptsdtq yg7s t lr tyFeappn ufethie dn.iciteci-su et lo iia l r ;gor& cwe eai idlku / aeekaToh seietSJfhr io arrt ete is-l hnwrrsp1hceo euee tn9sore eestsata&a l wsntrorn io,on es5neerUi>etis. bdlan pm hm krsgr anpedd eihe3o os tu go nO n,f2T6yot&%go laettuo ,em aaha icrr n lnta pet eomvocco enoeivdfhhSt fs/ ottlttsal , fens/ooeblbsfs oaedtiue oepirgastfeefiaadt%ltrllihqelBskeylm wu3t sddn lla cy>ca/em eoi lFTntCn ilnaeoto Ianetotmatbyaoga hht le nct0ilt eath.wtiwoac Wo dnehnmh vm ohrot tre t fihFaiippaai3ftue ns serqlhiaeboiaUpcrwo kc iyao ptmpip ste,octewrlm ro csyn cevtees newfaen roe t bsCiiwwt pa caaiocfccirnsetqaun e mJoha #e en.ikh egeicns f t-l< qt tird yreg aihr ntr o oaa iesis pfsnu>p ena.es niae a%rdFr ylr lltct&0rbctteowo netrtlhn; P g;f rro

Share with your friends:

Related posts

India is not importing wheat, says food department

The government has no plans to import wheat as it has sufficient stocks to meet the country&rsquo ...

India to import wheat months after bragging about feeding the world

Less than four months after Prime Minister Narendra Modi boldly declared that India was ready to ...

Inflation 'unacceptably, uncomfortably' high: RBI Governor Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das has said that inflation in the country is &q ...

RBI explains why it would not allow fast privatisation of public sector banks

Reacting to a recent article on privatising public sector banks, the Reserve Bank of India (RBI) ...

1% of adult Indians will be millionaires by 2030

China is expected to have around 50 million millionaires by 2030 and there could be more than six ...

Goldman Sachs, Nomura downgrade China GDP forecasts

Goldman Sachs Group Inc and Nomura Holdings Inc have downgraded their forecasts for the economic ...

Support pro-India journalism by donating

In case you are unable to contribute using the "Donate" button on our web pages, support pro-India journalism by donating via UPI to surajit.dasgupta@icici or via PayTM to 9650444033@paytm via Phone Pe to 9650444033@ibl via Google Pay to dasgupta.surajit@okicici

Our Latest Stream