India cuts policy rate for the first time in nearly five years, new central bank governor Malhotra says
The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The Monetary Policy Committee decided to trim the repo rate by 25 basis points to 6.
The world's leading central bank umbrella group, the Bank for International Settlements, has delivered its first public ...
Turkey’s central bank raised its year-end inflation forecast for this year, surprising analysts who were largely expecting ...
Central banks stormed back into the gold market in the final three months of last year, playing a key role in the metal ...
India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said ...
The European Central Bank’s reduction, the fifth consecutive cut since last summer, came a day after the U.S. Federal Reserve held interest rates. By Eshe Nelson Reporting from London The ...
Gulfbusiness.com on MSN11h
India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approachThe decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...
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Many economies seem to be settling into a lower-rate environment. That’s in stark contrast with the Federal Reserve, which ...
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