Latest Updates Around The World
On February 6, the RBI’s monetary policy committee unanimously decided to keep the policy repo rate unchanged at 5.25%, while maintaining a neutral policy stance. | Photo credit: FRANCIS MASCARENHAS According to ICICI Bank Global Markets, the chances of a monetary policy rate hike are quite slim given the favorable core inflation. As a result, […]
The Federal Reserve is likely to leave interest rates unchanged for now, as indicated by two central bank policymakers. Officials are awaiting further economic data on jobs and inflation, an AFP report said.Cleveland Fed President Beth Hammack suggested current interest rate levels could be maintained for an extended period, citing a cautiously optimistic outlook for […]
Indian stock markets will remain closed on Monday, January 26, to observe Republic Day, the second trading day of the calendar year 2026. There will be no trading activity on the National Stock Exchange (NSE) or the BSE in all segments, including equities, equity derivatives, currency derivatives and interest rate derivatives.The Multi Commodity Exchange of […]
Car prices have skyrocketed during the pandemic, but haven’t really fallen. Consumers are still paying outlandish amounts on average for both new and used vehicles, and that’s unlikely to change anytime soon. According to a new one Experian report, average car loan payments $748 per month for a new vehicle in the third quarter of […]
US Fed Chairman Jerome Powell (file photo by AP) The Federal Open Market Committee (FOMC) of the US Federal Reserve, led by Fed Chairman Jerome Powell, cut the key interest rate by 25 basis points on Wednesday. The rate is now between 3.5 percent and 3.75 percent, the lowest level in almost three years. “In […]
The MPC has changed the growth and inflation forecast in this policy | Photo credit: SUSHIL KUMAR VERMA The Monetary Policy Committee’s decision to cut the policy rate by 25 basis points to 5.25 percent at the end of its last bi-monthly meeting of 2025 on December 5 was contrary to the ‘consensus’ view of […]
**EDS: THIRD-PARTY IMAGE** In this screenshot from a video posted on December 5, 2025, Reserve Bank of India (RBI) Governor Sanjay Malhotra speaks as he announces the fifth bi-monthly monetary policy for the current fiscal in Mumbai. (@reservebankofindia593/X via PTI photo) (PTI12_05_2025_000036B) | Photo credits:- After slashing the repo rate by 125 basis points (bps) […]
Sanjay Malhotra, Governor of the Reserve Bank of India (RBI) | Photo credit: HEMANSHI KAMANI Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rate at 10 am today, while the three-day Monetary Policy Committee (MPC) meeting will conclude on Friday. Financial markets remain divided on expectations from the MPC, with economists […]
Renewed trade tensions between the US and China pose new downside risks to the economic outlook, making it more important that the US central bank cuts interest rates, Federal Reserve Governor Stephen Miran said on Wednesday. “We have to recognize that there is some difference now from where we thought a week ago,” before China […]
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