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2 mins read

Bank of Baroda expects 25-35 basis points rate hike from Dec 5-7 RBI policy meet

The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial …

ANI   


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2 mins read

Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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3 mins read

Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook

Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with furthe…

Jennifer Sor   


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1 min read

S&P Global ups India's growth forecast for 2024-25

S&P Global Ratings on Tuesday raised India's growth forecast for 2024-25 by 0.4 per cent to 6.8 per…

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3 mins read

India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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The Fed is now more likely than not to slow rate hikes to 25 basis points by February following cooler-than-expected November inflation data

The Fed's plan to tackle inflation is working, which means it's likely to take its foot off the gas…

Carla Mozée   


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Fiona Harvey says she was paid $313 for her 'Baby Reindeer' Piers Morgan interview, and would 'settle' for $1.25 million

Fiona Harvey said she didn't sign a contract for the "Piers Morgan Uncensored" interview, and said …

Eammon Jacobs   


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Dow jumps 348 points as US stocks climb amid fresh economic data

The S&P 500 closed at a record high and the Dow regained losses from earlier in the week as investo…

Phil Rosen   


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European Central Bank will hike interest rates by 25 basis points and end its bond-buying program in July

The ECB is tightening its monetary policy to try to tame inflation, which hit a record 8.1% in the …

George Glover   


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3 mins read

With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25

The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …

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1 min read

Stock market today: NYCB plunges 25% as fresh banking fears temper inflation relief

New York Community Bancorp plunged 25% premarket after disclosing "material weaknesses" in its loan…

Theron Mohamed   


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Dow sinks more than 500 points in whiplash trading session after Fed raises interest rates by 75 basis points

"There is a strong clustering within the dot-plots, showing all FOMC members are on board with this…

Matthew Fox   


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US stocks rise ahead of anticipated 75-basis-point rate hike from the Fed

Market expectations suggest the fed funds rate will be 4.25% - 4.50% by the end of the year, a shar…

Matthew Fox   


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Markets have started pricing in Fed rate cuts of 75 basis points by the year's end as SVB's collapse creates panic about other banks

After an expected hike of 25 basis points next week, odds show a growing likelihood of a pause, the…

Filip De Mott   


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Investors are pricing in an additional 125-basis-point rate hike over the next 2 Fed meetings

Investors see the Fed jacking up interest rates to a range of 4.25% to 4.5% in moves at the Novembe…

Carla Mozée   


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2 mins read

Nasdaq jumps 2.5% as US stocks soar after the Fed ramps up fight against inflation with 75-basis-point rate hike

"Clearly, today's 75-basis-point increase is an unusually large one," Fed Chairman Jerome Powell sa…

Carla Mozée   


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Bank of England hikes interest rates by 50 basis points as it tries to tame soaring inflation

The UK's central bank just carried out its biggest hike in 27 years, as inflation skyrockets toward…

Harry Robertson   


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1 min read

The Fed will slash rates by 200 basis points by mid-2024 after staying hawkish in the short term, Deutsche Bank says

The first Fed rate cut will be 50 basis points in December 2023, followed by 150 basis points of cu…

Brian Evans   


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3 mins read

Markets are eyeing a June rate cut. Here's what Fed officials have said on policy, jobs, and inflation that point to the next steps.

Fed Chair Jerome Powell and markets finally appear to be on the same page for the 2024 policy outlo…

Phil Rosen   


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2 mins read

Investors are slashing down the odds of a 75-basis-point rate hike in December and beyond as the Fed hints at smaller increases

More dovish views on rate hikes gained momentum after a Wall Street Journal report Friday and comme…

Carla Mozée