by AIP Online Bureau | Mar 22, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy
Jerome Powell, Chair of the Federal Reserve The move set the U.S. central bank’s benchmark overnight interest rate in the 4.75%-5.00% range, with updated projections showing 10 of 18 Fed policymakers still expect rates to rise another quarter of a percentage...
by AIP Online Bureau | May 4, 2022 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy
Reserve Bank of India Governor Shaktikanta Das said that Monetary Policy Committee (MPC) will retain its accommodative monetary policy stance at a time when globally inflation is rising alarmingly even as investment activity is showing some traction in the country...
by AIP Online Bureau | Apr 8, 2022 | International News, Non-Life, Reinsurance
Over 400 leased planes worth almost $10 billion remained in Russia after a March 28 deadline to cancel the contracts in line with Western sanctions over the war in Ukraine, leaving lessors facing heavy potential writedowns or a long insurance battle The likely huge...