Through Maria Spiller February 14, 2026 Romantic dinners are at the top of the gift list as average planned expenses have fallen sharply from last year. Americans are leaning toward traditional, cheaper gestures this Valentine’s Day, with most preferring a romantic dinner to expensive gifts, a new national survey shows. A recent CouponFollow survey of […]
Gold and silver futures rallied on bargain hunting after weaker-than-expected US inflation data revived hopes for Federal Reserve rate cuts this year, offsetting concerns from stronger-than-expected employment data earlier this week.On Friday, MCX silver futures for March 5, 2026 rose 3.62%, up from Rs 8,564 to Rs 2,44,999 per kg. Gold futures for April also […]
Nomura no longer expects India’s central bank to cut interest rates in April, it said on Friday, as inflation is expected to rise and given the “stealth” policy easing that has already taken place. This comes after India released data on consumer price inflation on Thursday under a new series that changes the weighting of […]
Restaurant Brands International on Thursday reported fourth-quarter sales that beat expectations, thanks to the strength of its international Burger King stores, even as the company faces stiff competition for its value menus and higher commodity costs in the United States. Fast food chains are offering certain items at lower prices to attract consumers who have […]
The revision comes amid scrutiny of RBI’s inflation forecasting model after it consistently overestimated price pressures last year, which could potentially contribute to an aggressive policy stance. | Photo credit: FRANCIS MASCARENHAS India will release inflation figures on Thursday based on a new index, which analysts say could indicate increased price pressures in the economy, […]
The Reserve Bank of India (RBI), following its decision to keep the repo rate at 5.25%, said it will continue to be proactive in managing liquidity to ensure effective transmission of monetary policy. RBI Governor Sanjay Malhotra said liquidity operations will be pre-emptive, calibrated to address potential imbalances arising from currency interventions, government cash balances […]
The European Central Bank left interest rates unchanged on Thursday as expected and gave no clues on its next move, reinforcing market expectations that policy will remain stable for some time as the bloc enjoys steady growth and near-target inflation.The euro zone’s central bank has been on hold since a yearlong series of rate cuts […]
Minneapolis Federal Reserve President Neel Kashkari declined to cut rates last month and sees no need to cut them in the near term given the resilience of the labor market and inflation above the Fed’s target, the New York Times reported Wednesday.“I don’t see any impetus to cut in January,” Kashkari said in an interview […]
Further rate changes from the U.S. Federal Reserve will need to be “finely tailored” to incoming data, given the risks to both the Fed’s unemployment and inflation targets, Richmond Fed President Tom Barkin said on Tuesday. “Both sides of our mandate need to be watched. Unemployment remains historically low, but has risen. Inflation has fallen, […]
Economists favor continuity because the framework produces predictable monetary policy outcomes | Photo credit: REUTERS The Reserve Bank of India (RBI) is likely to retain the core components of the flexible inflation targeting (FIT) framework as a majority of economists believe the model of targeting headline inflation at core inflation and maintaining a retail inflation […]