Monetary Policy Committee (MPC), led by newly appointed Governor Sanjay Malhotra, announced a 25-basis-point cut in the repo ...
RBI had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
The RBI's MPC, in a unanimous decision, lowered the repo rate in a bid to stimulate economic activity by making borrowing cheaper, thereby encouraging spending and investment.
The U.S. labor market probably started 2025 the way it spent most of last year: generating decent, but unspectacular, job ...
India is expected to cut interest rates for the first time in nearly five years on Friday to provide stimulus to its sluggish ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
The Bank of Japan is increasingly blaming chronic labour shortages, not stagnant demand, as the main reason for its weak ...
The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
The utility giant is asking the state’s utilities regulator to jack up average electric bills by 11.4% and send gas bills soaring 13.3%.
It makes sense that the president would want 10-year yields to come down. Plenty of people would love that. “A lot of consumers feel what happens in 10-year rates,” said Brian Rehling, head of global ...