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US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
Volatile yen draws intervention watch, other currencies subduedIn response to last week's notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are...
Charting the global economy: Fed officials raise interest ratesThat marks the shortest interval between such moves since 1990, when the central bank’s rapid policy tightening played a key role in bursti...
Dollar advances vs yen as BOJ dissent clouds rate-hike outlookFollowing the Bank of Japan's decision to increase interest rates, the dollar saw a rise against the yen. Some policymakers expressed skept...
You might be losing out on money in your savings account: Here's how monthly vs quarterly interest credit impacts your bank balanceWhile many banks credit the savings account interest quarterly, there are some that credit the amount monthly. Basically, monthly interest ...
Up to 7% savings account interest rate: Check latest rates offered by Canara Bank, Bank of India and IDFC FIRST Bank
Yen weak ahead of BOJ decision; rate hike expectedThe yen dipped against both the dollar and euro as investors speculated about a potential interest rate hike by the Bank of Japan. Recent i...
Global Market: Eurozone bond yields edge higher after Fed rate hikeThe eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term y...
Global Market: Fed rate hike signals tougher road ahead for stocks, bondsThe Federal Reserve raised its benchmark interest rate by 25 basis points, prompting investors to reassess the outlook for further tighteni...
US Fed Rate Hike: What it means for your money and investmentsThe US Federal Reserve’s quarter-point rate hike could raise borrowing costs for credit card and adjustable-rate mortgage borrowers while b...
US Market: Goldman Sachs sees Fed raising rates again in OctoberGoldman Sachs now expects the US Federal Reserve to raise interest rates by another 25 basis points in October, revising its earlier view t...
Hawkish Fed lifts dollar to 7-week high as focus turn to BOJIn a remarkable shift, the dollar has climbed to its highest point in seven weeks after the Federal Reserve's decision to elevate interest ...
Global Market Today: Asian stocks tick higher as markets weigh further Fed hikesIn a strategic shift, the Federal Reserve raised interest rates by 0.25%, aiming to address ongoing inflation challenges. This decision led...
Fed raises rates despite Trump pressure, signals another hike likely in 2026In a bid to tackle ongoing inflation, the US Federal Reserve has raised interest rates by twenty-five basis points. Policymakers are predic...
A 25 bps hike: US Federal Reserve raises interest rates for first time since 2023The US Federal Reserve increased interest rates by twenty-five basis points on Wednesday. This move aims to control inflation that remains ...
Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
Global Market: Bank of Korea signals caution ahead after split rate voteThe Bank of Korea’s August rate hike exposed a growing policy divide, with one policymaker voting against the increase and favouring a paus...
Global Market: Morgan Stanley turns hawkish, sees two Fed rate hikes in 2026Morgan Stanley expects the US Federal Reserve and European Central Bank to raise interest rates further as persistent inflation and elevate...
Dollar near two-week high as oil surge lifts yields, Fed hike betsStrengthening towards a two-week high, the dollar gained ground as oil prices jumped and Treasury yields rose. With a significant rate hike...
Global interest rates are rising: Will RBI rates, home loan EMIs and investments be affected?Loans would get costlier if and when the RBI hikes interest rates. In floating-rate loans, EMIs would rise even for existing loans. However...