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U.S. Fed slashed interest rates by half a point in its first cut since 2020, more expected

U.S. Fed slashed interest rates by half a point in its first cut since 2020, more expected

by AIP Online Bureau | Sep 18, 2024 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy

Fed Chair Jerome Powell Policymakers see the Fed’s benchmark rate falling by another half of a percentage point by the end of this year, another full percentage point in 2025, and by a final half of a percentage point in 2026 to end in a 2.75%-3.00% range...
RBI holds rates again; focused on bringing down inflation to target

RBI holds rates again; focused on bringing down inflation to target

by AIP Online Bureau | Aug 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Wealth Management/ Philanthropy

Shaktikanta Das, Governor, Reserve Bank of India Resilient and steady economic growth in India is allowing the central bank to focus on bringing inflation down towards its 4% medium term target, said RBI Governor Shaktikanta Das, emphasising that price stability is...
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...
RBI holds rates again; focused on bringing down inflation to target

RBI leaves key rates unchanged as inflation remains above 4%

by AIP Online Bureau | Feb 8, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Monetary policy must continue to be actively disinflationary, RBI Governor Shaktikanta Das said in his statement MUMBAI: India’s key rate was left unchanged for a sixth straight meeting on Thursday, as inflation remained above the central bank’s 4%...
Fed leaves rates unchanged at 5.25-5.50%, sees tighter policy through 2024

Fed leaves rates unchanged at 5.25-5.50%, sees tighter policy through 2024

by AIP Online Bureau | Sep 20, 2023 | Eco/Invest/Demography, International News, Wealth Management/ Philanthropy

“Inflation remains elevated,” the rate-setting Federal Open Market Committee (FOMC) said in a policy statement that included projections incorporating stronger economic and job growth than prior forecasts, and keeping prospects for a “soft...
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