by AIP Online Bureau | Jul 27, 2022 | Eco/Invest/Demography, International News
Jerome Powell,Chairman, US Fed Policy makers, facing the hottest cost pressures in 40 years, lifted the target for the federal funds rate on Wednesday to a range of 2.25% to 2.5%. That takes the cumulative June-July increase to 150 basis points — the steepest...
by AIP Online Bureau | May 4, 2022 | Eco/Invest/Demography, International News
Fed Chair Jerome Powell “The committee is highly attentive to inflation risks,” the Fed said in the statement, adding a reference to Covid-related lockdowns in China that “are likely to exacerbate supply chain disruptions.” That comes on top of Russia’s invasion of...
by AIP Online Bureau | Apr 8, 2022 | Eco/Invest/Demography, Indian News, Reinsurance, Risk Management
Shaktikanta Das,Governor,RBI Keeping the approach ” cautious, but proactive”, RBI Governor Shaktikanta Das said that the RBI is emphasizing on three different aspects which will place India in a position that would enable it to deal with the merging crisis...
by AIP Online Bureau | Feb 26, 2022 | International News, Non-Life, Reinsurance
New rules will require insurance companies to factor property owners’ improvements into the pricing of residential and commercial coverage SACRAMENTO, Calif: California’s insurance commissioner announced new rules on Friday aimed at lowering premiums for people who...
by AIP Online Bureau | Feb 6, 2022 | Eco/Invest/Demography, International News, Policy
What has forced the central-bank rethink is a wave of inflation. It’s driven by a disconnect between surging demand in post-lockdown economies and shortages in the supply of some key commodities, materials and goods — as well as workers The end of easy money is...