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Russia's central bank hikes interest rate to 21% to fight stubborn inflation
Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.
Nathan Rennolds
Get ready for inflation and interest rates to rise again
One of the first things Trump is expected to do in the White House is enact tariffs on imported goo…
Ayelet Sheffey
Retail inflation expected to breach 6% mark in October, says UBI Report
The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …
Kelly Cloonan
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 …
Status-quo on interest rate likely, say experts ahead of RBI's policy review
The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…
PTI
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
3 couples who recently got mortgage interest rates under 3% share how they did it
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…
Alcynna Lloyd
The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.
The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts h…
Christine Ji
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…
In the long run, rate cut by Fed will be favourable for most US banks: Moody's
"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …
ANI
Bank bosses aren't worried about lower interest rates — and even see some upside
Bank executives said that lower rates appear to be boosting demand for mortgages, refinancing, and …
Theron Mohamed
Japan got so spooked by Monday's market meltdown that it's now playing cool on more interest-rate hikes
Some analysts blamed the August 5 market meltdown on recent Japan's rate hike that tipped markets o…
Huileng Tan
RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil
The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…
ANI
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…
Ayelet Sheffey
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
US Fed says further interest rate hike unlikely going ahead
US Federal Reserve Chair Jerome Powell said a further interest rate hike from here is unlikely and …
ANI
More interest-rate hikes aren't off the table yet, Fed president says
"If we get surprised by the data, then we would do what we need to do," Neel Kashkari said during a…
Filip De Mott
Bank of Japan ends decades-long negative interest policy
The Bank of Japan (BoJ) decided to end its negative short-term policy rate, which started in Januar…
Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says
The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stig…