Despite the potential vulnerability to sudden increases in regional geopolitical tensions and significant drops in oil prices, the economic risks will remain manageable, the report said
interest rates
Latest in interest rates
Donald Trump
Donald Trump haunts central banks primed for wary rate cuts in 2025
Bloomberg Economics projects its aggregate measure of advanced-world interest rates to drop just 72 basis points in 2025, less than it did in 2024
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
economic outlook
JPMorgan Private Bank sees US rates to plunge to 3.5% by 2026 in growth push
The bank identified capital investment as a key megatrend for 2025, driven by artificial intelligence, power infrastructure, and security needs
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
Bank of England
Bank of England cuts interest rates to 4.75%
It marks the apex bank’s second reduction of 2024, after it began its easing cycle in August
asset managers
US election: Middle East investors shift to bonds with a focus on Trump trades amidst US-China tech tensions
Regional asset managers and investors are cherry-picking shares of select energy and technology sector companies
equity market
US elections, Fed meet, tepid earnings sink Indian stock market
Indian equity market benchmark S&P BSE Sensex crashed a whopping 1,409 points – or 1.77% – in early trading hours on Monday
Cryptocurrency
US elections 2024: Gold rallies, crypto dips as markets price in Trump victory before rate cuts
Gold ETFs post strong rally, marking the longest winning streak since July, and adding an estimated whopping 157,117 troy ounces of gold in the last trading session alone
China
China’s central bank cuts key interest rates to record lows, aims to boost sluggish economy
The one-year Loan Prime Rate was cut from 3.35% to 3.1%, while the five-year LPR was cut from 3.85% to 3.6%
Bullion Market
Gold prices surge to all-time high on Friday as rate cut, US election uncertainties drive investors to the safe haven asset
The current rally in gold prices comes close on the heels of gold emerging as the standout asset in Q3, 2024, appreciating by a whopping 13.8%
inflation
US Fed seen delivering 25 bps cut next month after inflation data
The increased speculation comes after a government report showed inflation last month was a bit firmer than expected
inflation
US inflation reaches lowest point since February 2021
Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August
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