You Searched For "budget for central bank action led" and got 20 results
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4 mins read
Fed Chair Powell was the economic hero of the pandemic recovery. Now America has turned on him as inflation torches wallets.
The Fed and its leader enjoyed a high approval rating as it rescued America from the pandemic. But …
Ben Winck
2 mins read
Global stocks slip as investors mull red-hot inflation and supersized central bank rate hikes
Investors are fretting about aggressive Federal Reserve rate hikes after inflation surged to a four…
George Glover
2 mins read
Dow jumps 548 points as the Bank of England's intervention calms market panic over the UK's budget plans
US and UK bond yields dropped after the Bank of England said it will buy £65 billion pounds ($71 bi…
Carla Mozée
3 mins read
Budget 2023-24: Continued focus on infra to enable growth, create jobs & enhance quality of life
The Indian government has announced multiple initiatives in the budget for the development of infra…
2 mins read
Don't expect any interest-rate cuts in 2023 with inflation set to remain above central banks' targets, Credit Suisse says
Access to money will stay tight, and ongoing economic and geopolitical risks mean markets will cont…
George Glover
3 mins read
The Federal Reserve lifts interest rates in first double-sized hike since 2000 — paving the way for much pricier mortgages, car loans, and other borrowing
The central bank raised its benchmark interest rate by a half percentage point on Wednesday, signal…
Ben Winck
2 mins read
A top ECB official is urging a global crackdown on the crypto market to prevent a 'lawless frenzy'
Fabio Panetta said the unregulated crypto market posed a risk to financial stability and policymake…
Hamza Fareed Malik
2 mins read
RBI imposes first-of-its-kind penalty on AP Mahesh co-op bank for cyber security violations
The Reserve Bank of India (RBI) has imposed a penalty of Rs 65 lakh on AP Mahesh Co-operative Urban…
PTI
2 mins read
Government is reportedly planning to privatise Indian Overseas Bank and Central Bank of India — stocks jump up to 20%
The news triggered shares of both the banks as they spiked up to 20% in Wednesday’s trade. At …
4 mins read
How bad is the banking crisis?
Central banks, regulators and governments are rushing to save banks from collapsing. But the uncert…
Spriha Srivastava
4 mins read
Indian economy projected to grow between 6-6.8% in FY24; private capex necessary for job creation: Economic Survey 2023
The pre-budget Economic Survey 2023 released on Tuesday projects India’s gross domestic product (GD…
4 mins read
Everyone knew the Fed was going to raise interest rates last week. No one knows what's coming next.
The central bank is expected to raise rates through the rest of 2022, but officials don't agree on …
Ben Winck
2 mins read
A central banker on the bizarre economy sounds like Spider-Man in the multiverse, saying he needs a few months 'to see where reality is'
October's 30-year-high inflation has central bankers sounding like Marvel characters. Richmond Fed …
Ben Winck
4 mins read
Six reasons why India’s central bank believes cryptocurrencies threaten financial stability
The Reserve Bank of India states that private cryptocurrencies pose a threat to financial stability…
8 mins read
Sensex and Nifty50’s post-budget rally fizzles out as Adani Group stocks witness a rout
Sensex surged over 1,180 points while Nifty50 rallied nearly 300 points after the finance minister …
3 mins read
Railway Ministry sets in motion ₹ 2-trillion budgetary push
The people have high expectations from the Rail Budget as the Union Finance Minister Nirmala Sithar…
1 min read
Fed Chairman Powell needs to 'shock the market' in the central bank's fight against inflation, says 1970s 'Dr. Doom' Henry Kaufman
"I am still waiting for him to act boldly," renowned economist Henry Kaufman told the FT about Fed …
Carla Mozée
1 min read
UK finance minister will meet with Wall Street banks after the newly unveiled mini-budget sparked panic in markets and sent the pound plummeting
UK Chancellor of the Exchequer Kwasi Kwarteng will meet with Bank of America, Citigroup, JPMorgan C…
Carla Mozée
2 mins read
Monetary policy is at work, substantial disinflation achieved: RBI Bulletin
Monetary policy is at work. Substantial disinflation has been achieved, but the road to be travelle…
PTI
3 mins read
Jerome Powell is popular among millennials, a survey suggests. Maybe it's because he seems to care more about finding them good jobs than protecting boomers' savings from inflation.
Powell is guiding the Fed through a new era that prioritizes employment over low inflation. Millenn…