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India's one-year OIS spikes signalling April rate hike India's one-year overnight indexed swap (OIS) rate, often seen as the clearest indication of future policy rates, rose to the highest level in three months, signalling that another interest rate hike is likely in April, analysts said. The jump in rates followed a higher-than-expected increase in retail inflation in January to 6.52%. "If you had assigned a certain probability of rate hike, that probability has been doubled after the inflation data," said Akhil Mittal, senio...
India's one-year OIS spikes signalling April rate hike
India's one-year OIS spikes signalling April rate hike
Source: Reuters
14/02/2023 1:50:03 PM
The market was expecting a bit dovish tone from Federal reserve Says Akhil Mittal, Tata Mutual Fund Below is quote on Monetary Policy by Akhil Mittal, Senior Fund Manager-Fixed Income, Tata Mutual Fund   Federal reserve delivered 75 bps rate hike on expected lines and maintained its position of inflation control as top priority. The market was expecting a bit dovish tone from Federal reserve, but federal reserve did not provide any such indication. However, the federal reserve tone was not hawkish either. We now anticipate that federal reserve might not deliver 75 ...
The market was expecting a bit dovish tone from Federal reserve Says Akhil Mittal, Tata Mutual Fund
The market was expecting a bit dovish tone from Federal reserve Says Akhil Mittal, Tata Mutual Fund
Source: PR Agency
3/11/2022 5:24:02 PM
Quote on Monetary Policy by Akhil Mittal, Tata Mutual Fund Below is quote on Monetary Policy by Akhil Mittal, Senior Fund Manager-Fixed Income Maintaining vigil on global macro developments while recognising domestic strengths and vulnerabilities, RBI increased policy rates by 50 bps, largely in line with market expectations. Pausing short of igniting any terminal rate expectations, RBI committed to data dependence for policy moves. I believe it is a very balanced policy and calmed market nerves, which had become edgy post recent fed act...
Quote on Monetary Policy by Akhil Mittal, Tata Mutual Fund
Quote on Monetary Policy by Akhil Mittal, Tata Mutual Fund
Source: Tata Mutual Fund
30/09/2022 1:05:54 PM
RBI has chosen to be cautious now and leave policy space for future support to growth Says Akhil Mittal, Tata Mutual Fund Below is the Quote RBI Policy By Akhil Mittal, Senior Fund Manager, Tata Mutual Fund Taking inflation head-on, RBI has raised rates by 50 bps, in line with our expectations. While showing faith in growth, MPC gave higher priority to address inflation, maintain financial stability in growing global financial volatility, and ensuring policy does not lag behind. In doing so, RBI has shown its resolve towards meeting medium term inflation target and ensuring stability to support medium to long...
RBI has chosen to be cautious now and leave policy space for future support to growth Says Akhil Mittal, Tata Mutual Fund
RBI has chosen to be cautious now and leave policy space for future support to growth Says Akhil Mittal, Tata Mutual Fund
Source: Tata Mutual Fund
5/08/2022 2:40:59 PM
View on US Fed rate announcement By Akhil Mittal, Tata Mutual Fund View on US Fed rate announcement By Akhil Mittal, Senior Fund Manager, Tata Mutual Fund Monetary Tightening – Not a race to stand first Inflation has been a cause of sleepless nights for most central banks world-wide in recent months. Most economies are passing through different intensity of inflation (in line with their economic construct). Western countries are facing much severe inflation whereas in India, the scare is not as bad. I think most governments and central ba...
View on US Fed rate announcement By Akhil Mittal, Tata Mutual Fund
View on US Fed rate announcement By Akhil Mittal, Tata Mutual Fund
Source: Tata Mutual Fund
28/07/2022 3:53:36 PM
Quote on Today's Credit Policy Announcement By Akhil Mittal, Tata Mutual Fund Below is the Quote on Today's Credit Policy Announcement By Akhil Mittal, Senior Fund Manager, Tata Mutual Fund “With revised inflation projections and current yield curve pricing in steep rate hikes, we think large part of known risks are priced In. Having said that, the upward risks to inflation remain and hence volatility around expected evolution of yield curve is here to stay. Capital markets (debt funds) are currently much better priced as compared to previous 2 years. Infa...
Quote on Today's Credit Policy Announcement By Akhil Mittal, Tata Mutual Fund
Quote on Today's Credit Policy Announcement By Akhil Mittal, Tata Mutual Fund
Source: Tata Mutual Fund
8/06/2022 2:19:45 PM