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2 mins read
Fed Governor Waller says 'more caution' needed on rate cuts after data showing a hot economy
Federal Reserve Governor Christopher Waller said recent economic data shows the Fed should ease mor…
Kelly Cloonan
2 mins read
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
2 mins read
Ohio's Republican governor is fed up with lies about pet-eating in Springfield: 'This discussion just has to stop'
Ohio Gov. Mike DeWine denounced baseless rumors about Haitian immigrants eating pets, but refused t…
Joshua Nelken-Zitser
2 mins read
A lone dissenting vote on the Fed's rate cut marks the first split by a central bank governor in 2 decades
The Fed's decision to cut rates by 50 basis points garnered support from 11 of 12 voting members, w…
Kelly Cloonan
6 mins read
Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
6 mins read
Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …
2 mins read
India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
1 min read
The Fed could pause rate cuts at its meeting next week if the October jobs report is hot, Wharton professor Jeremy Siegel says
The Fed could pause rate cuts if the October jobs report is hot, Siegel said. The September report …
Jennifer Sor
3 mins read
Not just Fed, but central banks of these countries also tinkered with rate cuts this week
The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…
3 mins read
The Fed's interest-rate cut put Trump even more at odds with the central bank
Donald Trump has argued that the Fed would only cut interest rates close to the election to help hi…
Ayelet Sheffey,Brent D. Griff…
4 mins read
RBI likely to keep interest rate unchanged at 6.5%, say experts
Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…
PTI
2 mins read
Stock market today: Indexes add to records as traders parse more economic data and Fed comments
Stock indexes continued to climb after a record close on Monday, as investors tuned in to new comme…
Filip De Mott
2 mins read
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
2 mins read
Stock market today: Dow surges 462 points as stocks rally after jumbo Fed rate cut
Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in w…
Kelly Cloonan
2 mins read
The Fed's lone dissenter on the big rate cut says she's concerned about 'premature declaration of victory' over inflation
Michelle Bowman said such a big initial rate cut could complicate the Fed's mission of getting infl…
Kelly Cloonan
2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
2 mins read
The 'Trump trade' is winding down, and the Fed's rate plans are back in focus
UBS analysts advised investors to think interest rates and tech, not politics.
Huileng Tan
2 mins read
The 'Trump trade' is winding down, and the Fed's rate plans are back in focus
UBS analysts advised investors to think interest rates and tech, not politics.
Huileng Tan
1 min read
The Fed is 'getting closer' to cutting interest rates, top official says
Several official from the Fed seem confident that, with more data on steadily decreasing inflation,…
Kelly Cloonan
2 mins read
Jamie Dimon thinks the Fed should wait longer to cut interest rates
"It would be good if the Fed waited now. I think there are a lot of reasons why inflation could ris…