​​​
  1. US Fed rate stance and BSE Sensex: Timeline

US Fed rate stance and BSE Sensex: Timeline

India, along with other emerging markets, are vulnerable to outflows when the US raises its federal funds rate.

By: | New Delhi | Published: March 19, 2015 10:34 AM
sensex, bse sensex india, BSE Sensex, bse nse, bse india, NSE Nifty, nse india, stock market, market today, sensex today, Sensex companies

India, along with other emerging markets, are vulnerable to outflows when the US raises its federal funds rate.

As the US Federal Reserve’s outlook pointed to a hike in June or later in the year, Indian markets, too, may not be impacted much for now. However, a sooner-than-expected hike would impact markets and also lead to volatility in the rupee as India, along with other emerging markets, are vulnerable to outflows when the US raises its federal funds rate.

MEETING: March 28, 2015

Decision: US Fed remove a reference to being ‘patient’ on rates from its policy statement, opening the door wider for a hike in the next couple of months
Sensex next day: Up more than 1 per cent on opening session

MEETING: Jan 28, 2015

Decision: Faster progress in employment, inflation objective may lead to increase sooner
Sensex next day: 1.56%

MEETING: Dec 17, 2014

Decision: FOMC can be ‘patient’
Sensex next day: 0.41%

MEETING: Sep 17, 2014
Decision: Bring down bond purchase to $15 bn beginning Oct
Sensex next day: 1.81%

MEETING: Jul 30, 2014

Decision: Reduce bond buying to $25 bn/month from Aug 2014
Sensex next day: – 0.74%

MEETING: Jun 18, 2014

Decision: Taper bond buying by $10 bn to $35 bn from July 2014
Sensex next day: – 0.18%

MEETING: Apr 30, 2014

Decision: Reduce bond buying to $45 bn a month from May 2014
Sensex next day: –0.06%

MEETING: Mar 19, 2014

Decision: Reduce bond buying to $55 bn a month
Sensex next day: – 0.42%

MEETING: Jan 29, 2014

Decision: Taper bond buying by $10 bn to $65 bn in Feb 2014
Sensex next day: –0.72%

MEETING: Dec 18, 2013

Decision: Announces tapering of bond buying by $10 bn a month
Sensex next day: – 0.73%

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

  1. No Comments.

Go to Top