Search For "monetary policy"
RBI revises inflation outlook for 2023-24, sees "substantial increase" in
Updated : 2 years, 7 months ago IST
The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June.
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RBI keeps repo rate unchanged in third straight policy meet
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected.
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RBI Governor to announce Monetary Policy decision today
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das is scheduled to make the official announcement of the MPC's decision on Thursday, August 10, at 10:00 am.
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RBI monetary policy: Morgan Stanley expects status quo in interest rates
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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RBI monetary policy: SBI Research expects another pause in interest rates
Updated : 2 years, 7 months ago IST
SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning.
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Experts expect status quo in interest rates from ongoing RBI monetary poli
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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More interest rate hike "likely be needed" to lower inflation: Fed Governo
Updated : 2 years, 7 months ago IST
US Federal Reserve Governor Michelle W Bowman has said an additional interest rate increase will likely be needed to get inflation on a path down to its 2 per cent target.
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UAE: Central Bank raises base rate by 25 basis points
Updated : 2 years, 7 months ago IST
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points – from 5.15 to 5.40 per cent, effective from Thursday, 27th July 2023.
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US Federal Reserves raises interest rate, highest in 22 years
Updated : 2 years, 7 months ago IST
The United States Federal Reserves, on Wednesday (local time) raised its benchmark interest rate by 25 basis points, the highest since 2001.
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Indian stock upbeat, indices gain 0.5 per cent
Updated : 2 years, 7 months ago IST
Indian Stock Market remain unchanged at the end of the Wednesday. As the market closed, the Nifty and sensex was 0.5 per cent higher. Investors wait for the outcome of the US Fed Monetary Policy meeting which is yet to be announced by July 25–26 mid-night (IST).
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Fight against inflation not over, job only half done: RBI Governor
Updated : 2 years, 8 months ago IST
"Our job is only half done, having brought inflation within the target band (4-6 per cent). Our fight against inflation is not yet over," said the governor at the latest monetary policy meeting held during June 6-8, whose Minutes were published on Thursday.
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Indian stocks up as US Fed's interest rate pause positive for markets
Updated : 2 years, 9 months ago IST
Indian stock indices traded higher on Friday morning, getting support from the US central bank's latest monetary policy stance - which finally paused the interest rate after raising it for over a year.
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