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%...
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...
by AIP Online Bureau | Aug 10, 2023 | Banking & Bancassurance, Disaster & Management, Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das,Governor,Reserve Bank of India “Liquidity plays a major role with regards to inflation – both in pushing up inflation and controlling inflation,” RBI Governor Shaktikanta Das said, explaining the decision.”While inflation has...
by AIP Online Bureau | Aug 4, 2023 | Eco/Invest/Demography, International News, Policy, Wealth Management/ Philanthropy
Upcoming decisions are on a knife-edge. Pausing too early could cause financial conditions to loosen too fast, re-igniting inflationary pressures. Stopping too late could trigger a credit crunch and a recession. So far, nine developed economies have raised rates by a...
by AIP Online Bureau | Jun 14, 2023 | Eco/Invest/Demography, International News
Fed Chair Jerome Powell The Fed has raised its benchmark rate by a substantial 5 percentage points since March of last year — the fastest pace of increases in 40 years. WASHINGTON: The Federal Reserve kept its key interest rate unchanged Wednesday after having raised...