RBI announces monetary policy, keeps repo rate unchanged at 6.5%
Thursday, 8 June 2023 The Reserve Bank of India (RBI) on Thursday once again hit the pause button and decided to keep key benchmark policy rate at 6.5%. Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee has unaniamously decided to keep repo rate unchanged.
S&P Rallies , to Break Out of Bear Market , and Into Bull Territory.
On June 8, the S&P 500 rallied to reach
a bull market, surging 20% since hitting
a recent low in mid-October of 2022.
CNN reports that the news marks
the end of a bear market that started
back in January of last year.
Big...
Inflation Cooling , While Consumer Prices , Remain High.
In May, consumer price growth fell to
the lowest level since March of 2021,
according to Bureau of Labor Statistics. .
NBC reports that data..
Credit: Wibbitz Top Stories Duration: 01:31Published
Thursday, 8 June 2023
![Inflation Cooling While Consumer Prices Remain High [Video]](https://video.newsserve.net/300/v/20230613/1354057240-Inflation-Cooling-While-Consumer-Prices-Remain-High.jpg)
