Search For "interest rate cut"
US interest rate cut in June seems off the table: Moody's
Updated : 1 year, 11 months ago IST
Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely off the table given stubborn inflation in the country.
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US Fed officials feel interest rate cut appropriate at some point in 2024:
Updated : 1 year, 11 months ago IST
US Federal Reserve officials felt that the key interest rate was likely at its peak and it would be appropriate to loosen the monetary policy stance at some point this year, Minutes of its latest policy review meeting showed.
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China's real-estate economic slump threatens Xi's aspirations for third te
Updated : 3 years, 7 months ago IST
Beijing [China], August 25 (ANI): In an attempt to revive the economy hurt by real estate debt problems, the Chinese central bank announced a sudden strong interest rate cut which has given a severe blow to the Chinese economy at a sensitive time for Chinese supreme leader Xi Jinping, who is
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China's Yuan expected to weaken further amid COVID lockdown
Updated : 3 years, 10 months ago IST
Beijing [China], May 12 (ANI): China's Yuan is expected to weaken further over the coming weeks as signs emerge that China's central bank is preparing further interest rate cuts to prop up the faltering economy.
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Taking order back not going to fool anyone: Yechury after Centre rolls bac
Updated : 4 years, 11 months ago IST
New Delhi [India], April 1 (ANI): Communist Party of India (Marxist) General Secretary Sitaram Yechury on Thursday alleged that the Central government postponed the cuts on the interest rate on small savings schemes in view of ongoing Assembly elections in four states and one Union Territory
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Centre withdraws interest rate cut order on PPF, other small saving scheme
Updated : 4 years, 12 months ago IST
New Delhi [India], April 1 (ANI): The Government of India withdrew the lowered rate of interest on Small Savings Schemes announced earlier, and now the rate of interest on these will remain unchanged as the last quarter of 2020-2021, said Union Finance Minister Nirmala Sitharaman on Thursday
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More policy interest rate cuts to come: Fitch Solutions
Updated : 5 years, 3 months ago IST
Singapore, December 8 (ANI): Fitch Solutions has maintained that the Reserve Bank of India (RBI) will lower its policy repurchase (repo) rate by another 50 basis points by the end of FY22 (April 2021 to March 2022) with forecasts specifically looking at 25 basis points at the last FY21 polic
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Q1 GDP growth contracts by 23.9 pc as COVID-19 cripples economic activitie
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 31 (ANI): The Indian economy contracted by 23.9 per cent in the April to June quarter (Q1 FY21) as COVID-19 pandemic compressed consumer demand and private investments, government data showed on Monday.
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RBI to follow calibrated unwinding of emergency measures post-COVID: Gover
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Aug 27 (ANI): The Reserve Bank of India will not unwind all recent measures taken to shore up the economy amid COVID-19 pandemic and act when the situation arises, Governor Shaktikanta Das said on Thursday.
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Equity indices in the green, FMCG and IT stocks gain
Updated : 6 years ago IST
Mumbai (Maharashtra) [India], Mar 5 (ANI): Equity benchmark indices traded with a positive bias during early hours on Thursday as global markets swung higher with central banks offering interest rate cuts to stabilise economic outlook amid spreading coronavirus.
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US Federal Reserve cuts rates by 50 basis points amid coronavirus concerns
Updated : 6 years ago IST
Washington D.C. [USA], Mar 4 (ANI): The US Federal Reserve on Tuesday (local time) lowered the interest rates by half a percentage point as coronavirus poses "evolving risks" to economic activity in the country.
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Equity indices close with positive bias, Yes Bank cracks by 8 pc
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 14 (ANI): Equity benchmark indices traded in a narrow range on Tuesday but closed with a positive bias as hopes of interest rate cut receded following a surge in inflation.
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