interest rates
RBI Governor Shaktikanta Das hoped for the US-China truce on trade tariffs, announced over the weekend, would last as he pitched for coordinated efforts to push global growth like those after the 2008 financial crisis. (Photo: File)
RBI saw slowdown, acted ahead of time by cutting interest rates from Feb: Das
16 Dec 2019 11:50 AM

?In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.

Since spring, manufacturing output has stumbled amid trade tensions and slower global growth, while businesses have cut spending on large equipment. But Powell stressed that the Fed doesn’t see those trends weakening the broader economy.
Federal Reserve cuts rates for a thrid time but signals it will now pause
01 Nov 2019 2:28 AM

For now, Chairman Jerome Powell sounded a bullish note about the economy in a news conference after the Fed’s latest policy meeting.

The RBI is predicted to lower its key lending rate or the repo rate by 25 basis points (bps) to 5.15 per cent, which would take cumulative cuts so far this year to 135 bps.
RBI set to cut rates again as fiscal measures fail to cheer
02 Oct 2019 2:39 PM

With current inflation remaining benign, we expect RBI to opt for a 40 bps rate cut, said Yes Bank's Yuvika Oberoi.

According to Satish Magar, President, Credai, government has to provide incentives to the home buyers. Though RBI has been reducing repo rates, homebuyers are not receiving the benefit due to transmission issues.
Housing industry seeks tax sops, lower rates
17 Sep 2019 1:42 AM

Industry finds that the stress fund allocated to the housing sector with several riders will not increase demand among homebuyers.

With regard to structural reforms, RBI Governor Shaktikanta Das said the RBI has already pointed out in its annual report. (Photo: File)
5 pc Q1 growth surprise; economy will look up with measures taken: RBI Gov Das
16 Sep 2019 7:25 PM

He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.

Low or lower-for-longer nominal and real interest rates; global recession risks, exacerbated by US-China trade tensions; and heightened geopolitical rifts, are “combining to buttress a bullish gold market environment," the bank said. Also, “in affinity to our US rates research colleagues, we believe the Fed will ultimately end up cutting rates all the way to zero," the analysts wrote.
Citigroup sees gold at $2,000 in 2 years
11 Sep 2019 1:49 AM

Federal Reserve will ultimately cut rates all the way to zero.

The Fed has come under increasing pressure to cut borrowing costs more, including a call by Trump for the Fed to slash its benchmark rate
Fed was against notion of pre-set path to rate cuts
23 Aug 2019 1:11 AM

Powell not eager to give Trump the larger cut he asked for.

The new rates will be effective from August 1, 2019.
SBI cuts deposit rates on various tenors
29 Jul 2019 1:16 PM

Interest rates have been reduced by 50-75 basis points (bps) for time deposits with shorter tenors of up to 179 days.

Lower lending by non-banking financial companies has weighed on growth in infrastructure and consumption.
RBI may cut rates by another 25 bps in 2019: Fitch Ratings
18 Jun 2019 11:00 AM

RBI cut the repo rate to 5.75 per cent on June 6, its third cut in 2019, while also changing its policy stance to ‘accommodative’.

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