Search For "monetary policy"
US Fed signals slowdown in policy rate hikes
Updated : 3 years, 3 months ago IST
For the record, the US Federal Reserve on November 3 raised key interest rates in its fight against red-hot inflation in the country. It raised the key policy rate by 75 basis points to over a decade high at 3.75-4.0 per cent. Notably, this was the fourth consecutive hike of such magnitude.
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US Fed governor says "more comfortable" stepping down size of rate hike
Updated : 3 years, 3 months ago IST
Speaking at the 59th Annual Economic Forecast Luncheon, Phoenix, Arizona on Wednesday, Governor Waller said the data of the past few weeks have made him more comfortable considering stepping down to a 50-basis-point hike in the upcoming policy meet.
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Sensex ends at lifetime high, closes at 61,873
Updated : 3 years, 4 months ago IST
The indices surged on Tuesday taking cues from the rally of global stocks on hopes that the US Federal Reserve would ease its aggressive policy stance. The ease in domestic inflation also helped the market sentiments.
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Global economy on the verge of a downturn: Moody's Investors Service
Updated : 3 years, 4 months ago IST
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.
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RBI could continue to intervene in forex markets if uncertainty on more ra
Updated : 3 years, 4 months ago IST
In this context, Gaurang Somaiya, forex and bullion analyst, MOFSL, said, "The central bank has accumulated these reserves to be utilised in these kinds of situations," and added that investors are on the edge at this point as there are a lot of moving parts which are impacting the market.
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Indian markets gain; Sensex up 113 pts; Nifty up 64 pts
Updated : 3 years, 4 months ago IST
The volatility in the stock market on Friday was seen after the US Federal Reserve announced hike in the policy rates and thereafter by the Bank of England by 75 basis points.
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Bank of England raises bank rate, the highest in 30 years, to combat infla
Updated : 3 years, 4 months ago IST
The updated projections of the Monetary Policy Committee (MPC) of the Bank of England for activity and inflation described a very challenging outlook for the UK economy, as set out in the accompanying November Monetary Policy Report.
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RBI holds meeting to discuss, draft report on inflation mandate failure
Updated : 3 years, 4 months ago IST
The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate.
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Indian stocks decline after another policy rate hike in US
Updated : 3 years, 4 months ago IST
Among the Nifty 50 stocks, Tech Mahindra, Hindalco, Wipro, Coal India, and Infosys were the top five losers, declining in the range of 1-2 per cent each, National Stock Exchange data showed.
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US Fed further raises key interest rates in fight against inflation
Updated : 3 years, 4 months ago IST
Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
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Indian stocks largely steady ahead of US Fed policy outcome
Updated : 3 years, 4 months ago IST
The Reserve Bank of India's additional and out-of-turn monetary policy meeting on Thursday will also be closely followed by investors.
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Unseasonal rains affecting Kharif crops, to impact food inflation: SBI Res
Updated : 3 years, 4 months ago IST
Kharif crops are mostly sown during monsoon -June and July, and the produce is harvested during October and November.
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