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Federal Reserve officials received an encouraging inflation report on Tuesday as a key price index slowed more than expected in May, news that could give policymakers comfort in pausing interest rate increases at their meeting this week.The…

SINGAPORE : The dollar held its ground on Monday but was still near multi-week lows against some of its major peers as traders were on guard ahead of central bank meetings this week, including the Federal Reserve's where it will…

RBI MPC June 2023: The Reserve Bank’s rate-setting monetary policy panel began deliberations on Tuesday (June 6) amid expectations that the central bank will keep the benchmark interest rates unchanged at 6.5% on the back of easing retail…

The status quo adopted by the Reserve Bank of India in its second bi-monthly monetary policy of the current fiscal will pave way for reversal of the rate increase cycle in due course, expects India Inc.The RBI, in its bi-monthly monetary…

TOKYO : Asia-Pacific equities rose to their highest level since mid-February on Friday, taking cues from an overnight Wall Street rally as market bets firmed for the Federal Reserve to skip a rate hike next week.Japanese and Australian…

Last Updated: June 09, 2023, 01:48 ISTNew York, United States of America (USA)Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT). U.S. gold futures settled up 1% at $1,978.60. (Reuters File Photo) Spot gold rose 1.2% to…

The Reserve Bank’s decision to pause rate hike was largely on expected lines, State Bank of India (SBI) chairman Dinesh Khara said.“The communication was nuanced and tailored to anchor market expectations for the future in terms of a…

<!-- -->The Kilauea volcano in Hawaii began erupting on Wednesday.The Kilauea volcano in Hawaii, one of the most active volcanoes, began erupting on Wednesday morning, the country's Volcano Observatory said, as per a report in…

The Reserve Bank of India is expected to pause for a second straight meeting as inflation eases and market watchers are looking for cues of a shift in policy stance to support growth in Asia’s third largest economy. Reserve Bank of…

RBI MPC Meeting LIVE Updates: The Reserve Bank of India is likely to maintain the policy repo rate at 6.5 per cent. As per experts the easing of retail inflation in April and the potential for further decline, indicate the effectiveness of…