Tag: interest rates

RBI likely to leave interest rates unchanged

The RBI’s Monetary Policy Committee (MPC) meeting being held from June 5 to 7, which is taking stock of the economic situation, is expected to stick to the current 6.5 per cent repo rate.

June 6, 2024

Gold scales record high on growing bets for US interest rate cut in June

A wider robust fundamental backdrop added support, including strong physical demand in Asia and central bank purchases, he said.

March 6, 2024

EPFO raises interest rate on PF deposits to 8.25% for 2023-24

“The move is a step towards fulfilling PM Modi’s guarantee of strengthening social security for India’s workforce,” Labour Minister Bhupendra Yadav said.

February 10, 2024

European Central Bank holds rates steady

The bank expects economic growth in the eurozone to pick up from 0.6 per cent in 2023 to 0.8 per cent in 2024.

December 15, 2023

US Fed leaves interest rates unchanged as inflation cools

On inflation, the central bank is "making real progress," but "we still have a ways to go," Fed Chair Jerome Powell said at a press conference Wednesday afternoon.

December 14, 2023