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Source: Live Mint Mumbai, Dec 22 (PTI) The RBI under former governor Shaktikanta Das resisted pressures to cut interest rates through 2024 as it kept its ‘Arjuna’s eye’ trained on inflation, but the central bank under a new detail-oriented head will soon have to take a call if it can continue sacrificing growth. Das, a…
Source: Live Mint Fed projections imply slower pace of rate cuts in 2025 Analysts expect Fed pause in January to assess outlook Policymakers adjust risk, uncertainty assessments WASHINGTON, Dec 18 (Reuters) – U.S. central bankers on Wednesday issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising inflation, a forecast consistent with…
Source: Live Mint (Bloomberg) — Chile’s central bank cut its key interest rate by a quarter point for the third meeting and delivered a stern warning on short-term inflation challenges, raising the odds of a coming pause to its easing cycle. Policymakers led by Rosanna Costa voted unanimously to lower borrowing costs to 5% late…
Source: Live Mint Lower interest rates also boost consumer spending, as individuals pay less on their loans and have more disposable income to purchase goods and services. The RBI has held the repo rate steady at 6.5% for a while now. However, with inflation pressures easing, rate cuts could be on the horizon. Growth stocks,…
Source: Live Mint NEW YORK, – A relentless rally in U.S. stocks is showing few signs of slowing into year-end, even as rising valuations and signs of excessive speculation fuel worries that a pullback may be overdue. The S&P 500 notched its 57th record close of the year on Friday and is up nearly 28%…
Source: Live Mint New Delhi [India], December 8 (ANI) Fundraising via initial public offerings (IPO) in India is set for another landmark year this 2024, asserted S&P Global Market Intelligence in a report. Economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in 2024, the financial information and…
Source: Live Mint MUMBAI, – The drop in India’s benchmark bond yields and swap rates signals the central bank may address weaker-than-expected economic growth by easing monetary policy, which, traders say, will likely be via a lower cash reserve ratio than by interest rate cuts. The Reserve Bank of India’s monetary policy decision is due…
Source: Live Mint Colombia’s central bank ignored pressure to accelerate the pace of interest rate cuts as policymakers weigh fiscal risks that sent the peso to its weakest level in more than a year. The seven-member board voted 4-3 to lower the benchmark rate by half a percentage point to 9.75%, Governor Leonardo Villar told…
Source: Business Standard RBI, Reserve Bank of India(Photo: Reuters) 3 min read Last Updated : Oct 09 2024 | 11:56 AM IST As the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 6.5 per cent on Wednesday (October 9), governor Shaktikanta Das announced that the…
Source: Business Standard RBI Governor Shaktikanta Das highlighted adverse weather conditions, ongoing geopolitical conflicts, and a rise in select commodities as the key threats to its inflation forecast.(Photo: Shutterstock) 4 min read Last Updated : Oct 09 2024 | 1:11 PM IST After the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday…
