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⚠️Big Warning India's retail inflation surged to all time high, breaching the RBI's tolerance limit of 6%. This sharp increase, primarily driven by soaring food prices, has dampened hopes for an early rate cut by the RBI. X Food inflation reached 9.
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"RBI Expected to Cut Repo Rate by 25 Basis Points to 6.25% in December Amid Concerns Over Volatile Food Prices" "RBI Likely to Cut Key Policy Rate by 25 Basis Points to 6.25% in December as Inflation Expected to Ease, Aiming to Boost Economic Growth
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Here's a Summary of the FED decision on March 20, 2024: 1. The Federal Reserve keeps interest rates steady at 5.50% for the fifth consecutive meeting. 2. The Fed maintains its anticipation of three interest rate reductions in 2024. 3. The proje
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The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
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