Signals from Fed
The decision to leave interest rates unchanged and the subsequent remarks from Fed Chairman Jerome Powell have sparked a sea change in market sentiment.
The decision to leave interest rates unchanged and the subsequent remarks from Fed Chairman Jerome Powell have sparked a sea change in market sentiment.
Moody's Investors Service expects global growth to continue to slow in 2023 over a cumulative monetary policy tightening by various central banks.
The central bank Governor cleared the air that another interest rate hike is imminent. The two-day monetary policy meeting in the US will start on September 20.
Indonesia's central bank has also moved to curb inflation, including by promoting the use of local currency settlement in cross-border trade and investment
Das noted that the move is expected to give a fillip to bank lending to the real estate sector.
The Reserve Bank of India (RBI) also pegged country’s GDP growth for 2020-21 at 6 per cent.
Among the most important fiscal measures the government has taken so far is the cut in corporate taxes, apart from a host of sectoral measures.
The higher inflation last month comes in the backdrop of rising global crude oil prices which have been ruling at over $75 a barrel.
The government on Thursday welcomed the RBI’s monetary policy statement in which it maintained the status quo on its key…
The RBI on Thursday maintained status quo on its key short-term lending rate at 6 per cent at its first…