Search For "monetary policy"
Updated : 2 days, 8 hours ago IST
In its December monetary policy committee meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25 per cent.
Updated : 5 days, 15 hours ago IST
The US central bank's policy rate is now in a target range of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
Updated : 1 week, 1 day ago IST
The global financial market information and analytics services provider expects the policy rates to remain in place throughout 2023 in order to dampen overall inflation expectations.
Updated : 2 weeks, 1 day ago IST
In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target. In October, it was reportedly 7.7 per cent.
European Central Bank President Christine Lagarde said inflation is too high and reiterated the central bank's determination to bring it back to 2 per cent.
Updated : 2 weeks, 2 days ago IST
The article said emerging markets are appearing more resilient than in the year gone by, but their biggest risks in 2023 stem from US monetary policy and the US dollar.
US Federal Reserve Chair Jerome Powell tested positive for Covid-19 and is experiencing "mild symptoms".
At present, the US dollar represents slightly more than 60 per cent of global foreign exchange reserves at central banks, compared to more than 80 per cent in the early 1970s.
Updated : 2 weeks, 6 days ago IST
In December, consumer inflation in the US moderated to 6.5 per cent from 7.1 per cent the previous month but still is way above the 2 per cent target.
Though 2023 started on a weak note for stock investors, the outlook is expected to be bright globally as the year proceeds, fueled partly by the reopening of the Chinese economy after the Covid-induced lockdown.
Updated : 3 weeks, 3 days ago IST
Indian stock indices have extended losses for the second straight session, largely due to continued selling by foreign investors on concerns over higher stock valuations.
The US central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.