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Fed leaves rates unchanged, nods to possible September cut

Fed leaves rates unchanged, nods to possible September cut

by AIP Online Bureau | Jul 31, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Wealth Management/ Philanthropy

Fed Chair Jerome Powell While Fed officials are wary of any actions that could mar their data-not-politics approach to setting monetary policy, the steady drop in inflation in recent months prompted a broad consensus that the inflation battle was near an end...
Fed leaves rates unchanged, nods to possible September cut

Inflation worries continue for US Fed; No policy rate cut for seventh time

by AIP Online Bureau | Jun 13, 2024 | Eco/Invest/Demography, International News, Policy, Risk Management

Jerome Powell, US Fed Chair “We are maintaining our restrictive stance of monetary policy in order to keep demand in line with supply and reduce inflationary pressures. I will have more to say about monetary policy after briefly reviewing economic...

Household consumption expenditure jumps in India as incomes rise

by AIP Online Bureau | Jun 11, 2024 | Data, Eco/Invest/Demography, Policy

In absolute terms, the monthly per capita consumption expenditure in the country’s rural areas shot up to Rs 2,008 in 2022-23 from Rs 1,430 in 2011-12 Urban India also recorded a robust gain of 33 per cent with per capita household consumption expenditure rising to Rs...
RBI maintains status quo in repo rate at 6.5 pc, growth projection raised to 7.2%

RBI maintains status quo in repo rate at 6.5 pc, growth projection raised to 7.2%

by AIP Online Bureau | Jun 7, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Shaktikanta Das, Governor,RBI “Uncertainties related to food inflation need to be monitored. Need inflation reduction to 4 per cent level on a durable basis while supporting growth,” RBI Governor Shaktikanta Das said Mumbai: The Reserve Bank of India(RBI)...
ECB cuts rates even as inflation fight goes on, first time since 2019

ECB cuts rates even as inflation fight goes on, first time since 2019

by AIP Online Bureau | Jun 6, 2024 | Eco/Invest/Demography, International News, Risk Management

Christine Lagarde,President,ECB “We are not pre-comitting to a particular rate path,” ECB President Christine Lagarde told a press conference, reading from the Governing Council’s statement FRANKFURT: The European Central Bank went ahead with its...
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