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1 min read

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   


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3 mins read

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   


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2 mins read

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…

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2 mins read

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   


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2 mins read

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   


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4 mins read

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   


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1 min read

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   


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2 mins read

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   


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3 mins read

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…

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2 mins read

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 …

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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, …

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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 …

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2 mins read

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…

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7 mins read

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   


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3 mins read

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   


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3 mins read

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…

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3 mins read

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   


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5 mins read

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   


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2 mins read

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   


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1 min read

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