Federal Reserve Governor Michelle Bowman made history on Wednesday by becoming the first Fed governor since 2005 to vote against an interest-rate decision, marking a rare moment of dissent within…
MUMBAI: RBI governor Shaktikanta Das said that India's growth potential is around 7.5% or more, higher than the central bank's 7.2% forecast for the current financial year.The potential growth rate…
MUMBAI: RBI governor Shaktikanta Das said that the 'last mile in disinflation' - bringing down inflation - is yet to be covered and the central bank should successfully navigate this…
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: In a report earlier this week, Fitch Ratings noted that elevated interest rates in the US since 2023 have begun to show some effect on the labour market…
MUMBAI: India can become the world's second-largest economy in seven years and the largest by 2060, RBI deputy governor Michael Patra said."Given the innate strengths and resolve to achieve its…
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…
Gold surged to a record, boosted by increasing optimism the Federal Reserve will start easing monetary policy this year and by rising geopolitical tensions in the Middle East.Bullion jumped as…