RBI likely to keep interest rate unchanged as inflation still high: Experts
Sunday, 24 September 2023 Experts predict that the Reserve Bank of India (RBI) is likely to maintain the status quo on policy rates at its upcoming monetary policy review meeting in October. The decision is expected due to high retail inflation and the US Federal Reserve's hawkish stance. The RBI has kept the rates unchanged since February, and inflation is still above the target level.
August saw an unexpected decline in Britain's high inflation rate, which dropped to 6.7%, its lowest level since February 2022. Investors have begun to speculate on whether the Bank of England will hit the pause button on its historic run of interest rate hikes.
Study Finds Frequent Naps Linked , to High Blood Pressure and Stroke.
CNN reports a study finds those who nap frequently may be more prone to high blood pressure and a heightened risk of stroke.
The..
Credit: Wibbitz Top Stories Duration: 01:30Published
Federal Reserve , Announces Pause On Rate Hikes , Amid Easing Inflation.
On September 20, the Federal Reserve paused its string
of interest rate hikes as it waits to see if its efforts
over the past..
Credit: Wibbitz Top Stories Duration: 01:31Published
Federal Reserve Chair Jerome Powell, speaking at the Jackson Hole Symposium, emphasized the potential necessity for the US Federal Reserve to implement additional interest rate hikes in order to..
Sunday, 24 September 2023
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