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RBI leaves key rates unchanged as inflation remains above 4%

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...
RBI leaves key rates unchanged as inflation remains above 4%

RBI holds rates steady but eyes food price spike; signals tighter policy

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...

Big central banks hike again with end of tightening in sight

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...
Fed keeps rates unchanged but signals 2 more potential hikes this year

Fed keeps rates unchanged but signals 2 more potential hikes this year

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...
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