The decision, announced on Friday by RBI Governor Sanjay Malhotra, also adjusts the Standing Deposit Facility rate to 6 per cent.
The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, was upbeat about the state of the economy but warned about some concerning aspects of the financial system.
(Reuters) - The Federal Reserve's latest Monetary Policy Report describes the U.S. economy as being in a solid position amid a monetary policy stance that will be driven by incoming economic data.
The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6 ...
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Hosted on MSNRBI Monetary Policy 2025, MPC Meeting LIVE UPDATES: Governor Sanjay Malhotra cuts repo rate by 25bps, 1st since May 2020RBI 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 ...
For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...
The Bank of England cuts interest rates by 25 basis points for the third time in the current cycle, with inflation concerns ...
The Bank of England (BoE) have today announced their base rate is to be cut 25 basis points, leaving the Bank Rate - what we might simply call the interest rate - at 4.5 per cent, the lowest it has ...
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