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Fed increases rates by 25 bps but signals hikes are near an end

Fed increases rates by 25 bps but signals hikes are near an end

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...
EMIs and FDs to rise as RBI raises kay rate by 40 bps to 4.40%, CRR by 50 bps to check raging inflation

EMIs and FDs to rise as RBI raises kay rate by 40 bps to 4.40%, CRR by 50 bps to check raging inflation

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...

BOC Aviation says lessors seeing ‘horrendous’ hikes in insurance costs

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...

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