Rating agency ICRA expects the Reserve Bank of India to keep policy interest rates unchanged for an extended period unless economic growth slows meaningfully. The outlook follows the recent move by the central bank to reduce the repo rate by 25 basis points, bringing it to 5.25 per cent. The
The Federal Reserve (Fed) announced a 0.25 percentage-point reduction in its benchmark interest rate, citing significant limitations in economic data due to the current U.S. federal government shutdown. Chair Jerome Powell highlighted that a lack of timely labour-market and inflation signals is making policy decisions more challenging. The rate cut drew dissent from two
President Donald Trump visited the Federal Reserve headquarters in Washington on July 24, urging the central bank to wrap up its renovation project and push forward with interest rate cuts. The visit marked a rare presidential appearance at the Fed and underscored Trump’s ongoing focus on economic policy and central bank operations. Renovation Cost Dispute […]















