India's central bank delivers first rate cut in nearly 5 years
The Reserve Bank of India (RBI) cut its key repo rate for the first time in nearly five years on Friday to provide stimulus to the sluggish economy, which is expected to grow at its slowest pace in four years in the current fiscal year.
The Bank of England cut interest rates on Thursday from 4.75% to 4.5%, the lowest level for more than 18 months. Lower rates ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Highlights: The Reserve Bank of India has cut repo rate by 25 bps to 6.25% for the first time in nearly five years. RBI's ...
The Indian rupee strengthened on Friday after struggling for most of the week as global markets were jolted by fears of a ...
However, industry stakeholders also cautioned about the depreciating rupee, lenders' ability to pass on the benefits of the ...
It was widely anticipated that the RBI will deliver a rate cut and, hence, the market has not reacted much to the rate cut, ...
Sterling falls as investors exercise caution ahead of the Bank of England’s interest-rate decision at 1200 GMT. The market is pricing in a 94% chance of the BOE cutting rates by 25 basis points, ...
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