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3 mins read

Market salutes Modi's third term: Sensex-Nifty open at all-time high

Indian stock indices continued their uptrend from the past week and opened at fresh record highs at…

ANI   


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3 mins read

The Fed's next decision will likely mean Americans are going to wait a lot longer for any interest rate cuts

The booming jobs report and still-high inflation mean the Federal Reserve is likely to hold interes…

Ayelet Sheffey,Madison Hoff   


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2 mins read

The Fed confirms that Americans will have to wait longer for interest rate cuts

The Federal Reserve held interest rates steady on Wednesday, pushing back any hopes of an interest …

Ayelet Sheffey   


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2 mins read

Europe's central bank cuts interest rates for first time in 5 years

The European Central Bank announced it would lower its benchmark interest rate from 4% to 3.75%, ma…

Theron Mohamed   


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2 mins read

The Fed now expects just one interest rate cut this year — but there's still time for that to change, Powell says

The Federal Reserve held interest rates steady on June 12, with Powell leaving the door open for a …

Ayelet Sheffey   


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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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3 mins read

Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ

The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the …

Ayelet Sheffey,Madison Hall   


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5 mins read

Interest-rate cuts could be coming this fall, adding another wrinkle to an election set to focus on the economy

Inflation is cooling just in time for a US presidential election that will likely focus heavily on …

Dan DeFrancesco   


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2 mins read

The Fed's first rate cut of 2024 could come next month if the labor market slows

Markets are only pricing in a 10% chance of an interest-rate cut in July, according to the CME FedW…

Matthew Fox   


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2 mins read

The Fed once again holds interest rates steady — with cuts expected later this year

The Federal Reserve announced interest rates will remain unchanged, staying in line with Powell's r…

Ayelet Sheffey   


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2 mins read

Sensex gains marginally to scale new peak after RBI policy decision

The 30-share BSE Sensex inched up 20.59 points or 0.03 per cent to settle at a fresh record of 7…

PTI   


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2 mins read

Markets fall in early trade ahead of RBI policy announcement; Sensex tumble nearly 200 points

Benchmark equity indices Sensex and Nifty retreated from their record peaks and traded lower in ear…

PTI   


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4 mins read

Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down

Fed Chair Jerome Powell said his confidence inflation will slow "is not as high as it was," meaning…

Ayelet Sheffey,Madison Hoff   


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1 min read

What rate cut? The Fed's next move could be a hike if inflation stays stubbornly high, legendary investor says

Given how low last year's inflation was, CPI data might rebound in the latter half of this year. Th…

Filip De Mott   


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5 mins read

Election fever? Equities and SIP inflows mark record highs in May, per AMFI data

The Indian mutual fund industry continued to register strong growth in fund inflows during May 2024…

Business Insider Latest Story Image
3 mins read

Sorry, America, it's looking like higher interest rates are going to stick around longer

Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts i…

Ayelet Sheffey,Madison Hoff   


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2 mins read

The economy needs to take one of these 2 paths before the Fed cuts interest rates, Powell says

While Jerome Powell said interest-rate hikes were "unlikely," he needs more confidence in inflation…

Ayelet Sheffey   


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2 mins read

Rupee rises 1 paisa to 83.43 against US dollar in early trade

The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back o…

PTI   


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2 mins read

The Fed holds interest rates steady in its 2nd decision of the year with cuts still expected later in 2024

The Federal Reserve kept interest rates steady on Wednesday, with more positive inflation readings …

Ayelet Sheffey   


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2 mins read

The job market has 3 weak spots that could bring steeper Fed rate cuts, Goldman Sachs says

Hiring conditions are deteriorating faster than previous times the Fed cut rates outside of a reces…

Jennifer Sor