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Interest rate cut at this stage would be 'premature'
Interest rate cut at this stage would be 'premature,' India cenbank chief says
The head of India's central bank said on Friday that it would be "very premature" and risky to lower interest rates at this stage.
Interest rate cut at this stage would be 'premature': RBI Governor Shaktikanta Das
The head of India's central bank said on Friday that it would be "very premature" and risky to lower interest rates at this stage. While inflation is expected to moderate going forward, the central bank would only think of rate cuts when it has confidence that inflation is durably aligned to its medium-term target,
Interest rate cut at this stage will be ‘very premature, very risky’: RBI Governor Das
At a time when consumer price-based inflation (CPI) is expected to remain above 5 per cent, and growth holding on, a cut in the interest rate would be “premature, and very risky”, Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday.
European Central Bank cuts interest rates
Chile central bank cuts rate 25 bps, sees more easing ahead
Chile's central bank on Thursday said it was cutting its benchmark interest rate to 5.25% from a previous level of 5.50%, in a unanimous decision in line with analysts forecasts.
European Central Bank cuts main interest rate a quarter-point to 3.25% as inflation fades
One reason why inflation has fallen around the world is that central banks dramatically increased borrowing costs from near zero during the coronavirus pandemic when prices started to shoot up, first as a result of supply chain issues built up and then because of Russia's full-scale invasion of Ukraine which pushed up energy costs.
European Central Bank cuts interest rates again, saying it sees no signs of an incoming recession
The bank’s rate-setting council said the "disinflationary process is well on track.”
8h
Mortgage Rates Today, Oct. 18: Median Rate Rises to 6.63%
As of Oct. 18, according to Credible data gathered from more than 500 U.S. lenders*, the median interest rate on a 30-year ...
2d
Fed’s emergency rate cuts affect your credit card — here’s how
The Fed cut interest rates again Sunday in an attempt to reduce “evolving risks to economic activity” caused by the ...
21h
Can Your Bank Revoke the High Interest You Earn on a CD? Read the Fine Print
Inflation has been cooling, with the current inflation rate hovering around 2.4%. While this is welcome news for those ...
1d
The Fed is cutting interest rates, so why are mortgage rates rising?
It’s been a month since the Federal Reserve shifted from fighting inflation with high interest rates to supporting the job ...
2d
How to use a mortgage rate lock to secure a low interest rate
A mortgage rate lock guarantees you’ll receive the interest rate on the date you locked in the rate, even if rates change ...
3d
on MSN
Fed official's latest words reignite interest-rate cut debate
With the benefit of hindsight, the 50-basis-point cut in September was a mistake, though not one of great consequence,” said ...
18h
Pros and cons of bond funds in a lower interest rate environment
Here’s a look at the pros and cons of bond funds in a lower interest rate environment. Rise in bond prices: When rates fall, ...
8d
on MSN
What is a mortgage interest rate modification and how do you get it?
A mortgage rate modification could make sense if your mortgage payments or current rate are higher than you'd like.
2d
APR vs. interest rate: What’s the difference?
The most significant difference between an APR and the interest rate is that the APR offers a complete picture of how much a ...
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