Chairman Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs next month and…
NEW DELHI: The Reserve Bank of India on Tuesday announced that the RBI Governor Shaktikanta Das has received an "A+" rating in the Global Finance Central Banker Report Cards 2024…
Spot gold topped $2,500 an ounce for the first time, bolstered by hopes that the US Federal Reserve is edging closer to cutting interest rates. Bullion for immediate delivery hit…
Underlying US inflation eased for a fourth month on an annual basis in July, keeping the Federal Reserve on track to lower interest rates next month.The so-called core consumer price…
Fixed deposit (FD) investors have benefited from rising interest rates over the past 1-2 years, with rates reaching their peak and remaining there for a considerable time. However, this favorable…
MUMBAI: Even as analysts are forecasting the monetary policy committee meeting this week to vote for another pause with a rate cut pushed to December, banks have been selectively raising…
Tesla CEO Elon Musk on Sunday said that the US Federal Reserve should lower interest rates, calling their decision not to do so already "foolish." Musk's remarks were in response…
India’s inflation accelerated to a four-month high in June, justifying the central bank’s decision to keep interest rates higher for longer. The consumer price index rose 5.08% from a year…
US inflation cooled broadly in June to the slowest pace since 2021 on the back of a long-awaited slowdown in housing costs, sending the strongest signal yet that the Federal…
MUMBAI: Rising interest rates globally and nervousness ahead of the Lok Sabha poll results pulled the sensex down by 617 points on Thursday to close at 73,866. Foreign funds were…