The Bank of England is set to join a growing number of central banks that are pressing ahead with cuts to their key interest rates, even as the most important central bank goes on a pause of uncertain duration.
3 min read3 Feb 2025A trade war that raises prices would be much more complicated for the central bank than it was during Trump’s first term.
6 min read28 Jan 2025Bank of Japan increased its interest rates by 25 basis points to 0.5 per cent, the highest since 2008. Yen was trading higher than the dollar in Friday’s currency market, fueled by the inline expectations of the Japanese central bank, reported AFP.
1 min read24 Jan 2025Persistent challenges such as high interest rates, affordability gaps, and liquidity constraints continue to affect homebuyers.
3 min read14 Jan 2025FD interest rates: On one-year deposits, the Federal bank offers 7 percent and 7.5 percent to general and senior citizens. On two-year deposits, the bank offers 7.15 percent and 7.65 percent to general and senior citizens.
2 min read14 Jan 2025Super senior citizens aged 80 and above can access higher fixed deposit returns from Indian banks like SBI, PNB, and RBL Bank
2 min read11 Jan 2025India’s consumer price index (CPI) should be revised on the basis of the latest survey of household consumption expenditure. It’ll aid the formulation of monetary policy. But nuances of the Indian situation must be kept in mind.
2 min read8 Jan 2025Although most banks offer somewhat similar rates on fixed deposits, a marginal difference of 40-50 basis points can boost your earnings considerably.
1 min read7 Jan 2025There is evidence of weak overall demand in the Indian economy, but the government’s goal of a tighter budget means a fiscal stimulus is unlikely. What about a monetary policy response? RBI would have to analyse the data carefully to check for space.
4 min read7 Jan 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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