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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…
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…
Filip De Mott
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
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
Rupee slips to all-time low of 83.72 against US dollar; Fall sparked by tax rate hike on capital gains, per traders
Forex traders said the fall in the domestic unit came on the heels of a significant downturn in the…
PTI
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
Atishi hikes Delhi's minimum wages to become highest in the entire country, workers to be paid minimum Rs 18,066 starting Oct 1
According to Atishi, before the AAP came to power in 2013, the minimum wage for unskilled workers i…
GST rejig: Cheaper water, bikes; pricier shoes, watches
The Group of Ministers (GoM) on GST rate rationalisation on Saturday decided to lower tax rates on …
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, …
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 …
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
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
RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
Americans are quitting their jobs at the lowest rate in years. It's making it harder to get raises and promotions.
A hiring slowdown is preventing workers from quitting their jobs for raises and promotions.
Jacob Zinkula,Andy Kiersz
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
Duty hike on crude, refined oils to hugely benefit farmers: Official
The government official also said that the decision to remove minimum export price and slashing of …
PTI
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…