Tag: us federal reserve

Monetary Policy: RBI likely to keep interest rate unchanged at 6.5%, say experts
Posted in Economy

Monetary Policy: RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5 per cent on Thursday, and wait for more macroeconomic data…

Continue Reading
US Federal Reserve Chairman Jerome Powell speaks at a news conference.(AFP)
Posted in Business

Key takeaways from latest US Federal Reserve meeting: When is rate cut likely?

Aug 01, 2024 10:27 AM IST US Federal Reserve chair Jerome Powell announced that interest rates will remain unchanged at the current rate range of…

Continue Reading
'Acche din' to continue for FD investors as high fixed deposit interest rates will not drop soon: All eyes on RBI MPC on June 7
Posted in Finance

‘Acche din’ to continue for FD investors as high fixed deposit interest rates will not drop soon: All eyes on RBI MPC on June 7

“Acche din” will continue for fixed deposit (FD) investors as they are likely to keep getting higher interest. This is because the Reserve Bank of…

Continue Reading
UK unemployment steadies, as wage growth drops: Data |
Posted in UK News

UK unemployment steadies, as wage growth drops: Data |

LONDON: UK unemployment steadied and wages growth retreated in the three months to the end of November, according to official data on Tuesday that eased…

Continue Reading
Some US Federal Reserve officials backed rate hike in June, minutes show
Posted in US News

Some US Federal Reserve officials backed rate hike in June, minutes show

WASHINGTON: Some members of the US Federal Reserve‘s rate-setting committee supported another interest rate hike in June to tackle high inflation, but ultimately voted for…

Continue Reading
US Fed pauses after 15 months, but not done with hikes yet
Posted in US News

US Fed pauses after 15 months, but not done with hikes yet

WASHINGTON: The US Federal Reserve kept interest rates unchanged on Wednesday but signalled in new economic projections that borrowing costs will likely rise by another…

Continue Reading
Fed: US Fed pauses rate hikes after 10 straight increases
Posted in US News

Fed: US Fed pauses rate hikes after 10 straight increases

WASHINGTON: The US Federal Reserve voted Wednesday to pause its aggressive campaign of interest rate hikes despite “elevated” inflation, while indicating a sharp increase could…

Continue Reading
Posted in US News

US services activity eases unexpectedly in May: Survey

WASHINGTON: US services sector activity cooled last month to the lowest level since December, with growth in new orders slowing and employment contracting, according to…

Continue Reading
forex: India's forex reserves rise $1.65 billion to $586.41 billion
Posted in Economy

forex: India’s forex reserves rise $1.65 billion to $586.41 billion

India’s forex reserves rose $1.65 billion to $586.41 billion for the week ended April 14, data shared by the Reserve Bank of India stated on…

Continue Reading
rbi: RBI may continue with pause on rate hike for longer period; next move will depend on economic data: Economists
Posted in Economy

rbi: RBI may continue with pause on rate hike for longer period; next move will depend on economic data: Economists

Economists seem to be divided over RBI‘s decision to leave interest rate unchanged, with some seeing a prolonged pause while others expecting that much will…

Continue Reading