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2 mins read
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
1 min read
The Fed 'moved too fast' with rate cuts and now risks reigniting inflation, analyst says
The US isn't out of the words with inflation, and one fixed-income strategist thinks the Fed's jumb…
Filip De Mott
1 min read
Stock market today: US indexes gain after soft inflation report supports more rate cuts
"The Fed feels as though it has won the battle on inflation and its primary focus is making sure th…
Matthew Fox
2 mins read
Stock market today: US stocks notch 4-week win streak after strong jobs report eases fears of an economic slowdown
Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs repor…
Matthew Fox
2 mins read
Retail inflation eases to 5.09% in February 2024
According to the provisional figures provided by the NSO, the retail inflation, based on the Consum…
ANI
2 mins read
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting infl…
Kelly Cloonan
4 mins read
Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate
Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…
1 min read
Bangladesh's inflation spikes to 12-year high to 11.66% in July, amid widespread anti-quota protests
The previous high of the general inflation rate was 9.94% last May, the report said. July was marke…
PTI
3 mins read
Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead
In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…
ANI
3 mins read
CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report
India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…
ANI
1 min read
We just got another sign inflation is cooling
New data shows labor costs are slowing, which could give the Fed more confidence that inflation is …
Kelly Cloonan
1 min read
Wholesale inflation eases to 0.27% in January as food prices moderate
The wholesale price index (WPI)-based inflation eased in January to 0.27 per cent, mainly due to mo…
PTI
2 mins read
High food prices raise concerns but improved monsoon offers hope for RBI: SBI report
Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…
ANI
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
1 min read
New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing…
Kelly Cloonan
2 mins read
Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stig…
Filip De Mott
3 mins read
Wholesale inflation touches 15-month high in May
Jump in wholesale inflation primarily due to increase in prices of food articles, crude petroleum a…
PTI
2 mins read
Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says
Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…
Kelly Cloonan
4 mins read
Voters blamed Biden for high inflation. Kamala Harris could get a pass.
Americans aren't blaming Kamala Harris for inflation as much as they did President Joe Biden, polls…
Jacob Zinkula
2 mins read
Gold rallies Rs 550; silver jumps Rs 400 amid strong global cues
Gold prices rallied by Rs 550 to Rs 75,700 per 10 grams in the local market on Tuesday on the back …