Search For "rate hike"
Further monetary policy rate hike hinges on incoming data: US Fed minutes
Updated : 2 years, 3 months ago IST
Monetary policy committee participants in the US were of the view that further tightening of monetary policy would be appropriate if incoming information indicated that progress toward the US Federal Reserve's inflation objective was "insufficient", the minutes of the latest review meeting r
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Expect further interest rate hike needed to bring inflation down: Fed Gove
Updated : 2 years, 4 months ago IST
Federal Reserve Governor Michelle Bowman reiterated her view that she expected the central bank will need to increase the interest funds rate further to bring inflation down to its 2 per cent target.
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European Central Bank pauses interest rate after record 10 hikes, amid eco
Updated : 2 years, 4 months ago IST
Amid the concerns of a looming recession, the European Central Bank (ECB) on Thursday put a hold on interest rates, marking the first instance when the rate was not raised in the last 15 months after record 10 hikes, CNN reported.
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Pakistan’s debt servicing heads towards record PKR 8 trillion as interest
Updated : 2 years, 6 months ago IST
The fiscal year 2023–24 will mark the first time when practically every month of the current fiscal year, federal revenue receipts will be less than what is needed to pay for servicing domestic and international debt. Since the fiscal position will only become worse, there will be more serio
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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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Earn Better Returns with High Interest Rate Fixed Deposits on Bajaj Market
Updated : 2 years, 7 months ago IST
Pune (Maharashtra) [India], July 24: The Reserve Bank of India (RBI) has been periodically revising its repo rates by going on a ‘rate-hike’ spree, which began in May 2022. This has, in turn, resulted in an uptick in lending rates and Fixed Deposit (FD) interest offerings.
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Burden of Griha Jyoti scheme not put on industrialists: Karnataka CM Sidda
Updated : 2 years, 8 months ago IST
Karnataka Chief Minister Siddaramaiah refuted claims that the burden of the 'Griha Jyoti' scheme is placed on industrialists and called the allegations false.
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Open a Bajaj Finance Fixed Deposit at interest rate up to 8.60 per cent p.
Updated : 2 years, 10 months ago IST
Pune (Maharashtra) [India], May 15 (ANI/NewsVoir): Bajaj Finance has revised its FD rates for specific tenures. You can now earn up to 40 basis points higher on your investments with Bajaj Finance with these revised interest rates. Bajaj Finance already offered one of the highest FD rates av
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India's gold demand likely to be muted in 2023: World Gold Council
Updated : 2 years, 10 months ago IST
Demand for precious metal gold is expected to be muted in 2023 even as the economic momentum remains healthy and the RBI repo rate hike cycle has paused after a prolonged monetary policy tightening, according to World Gold Council.
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Indian stock indices open marginally in green after US Fed's rate hike
Updated : 2 years, 10 months ago IST
Strength in Indian stock indices continued from the past few sessions which opened in the green on Thursday, but was limited as US Fed in its fight against inflation raised interest rates by another 25 basis points.
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US Fed's interest rate hike continues in fight against inflation, raises b
Updated : 2 years, 10 months ago IST
The US monetary policy committee, seeking to achieve inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by another 25 basis points to 5.0-5.25 per cent at its latest two-day review meet held during May 2-3.
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Global growth seen at 2.3 pc in 2023; slowdown centred in US, Europe: S&am
Updated : 2 years, 10 months ago IST
Global GDP growth is forecasted to slow from 3.0 per cent in 2022 to 2.3 per cent in 2023 and the slowdown is expected to be centred in Europe and the US -- regions where high inflation and monetary policy tightening through interest rate hikes are restraining consumer and business spending,
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