Inflation eased more than expected in February, a welcome sign for the Federal Reserve as it grapples with the prospect of higher prices and slower growth as a result of President Trump’s trade war. The Consumer Price Index was up 2.8 percent from a year earlier, after rising another 0.2 percent on a monthly basis….
Last Updated:March 10, 2025, 15:40 IST Sensex Today: Benchmark equity indices BSE Sensex and Nifty50 were flat at open on Monday Stock Market Today Sensex Today: On Monday, the BSE Sensex surged to a high of 74,741, up 407 points during intra-day trading. However, a late sell-off caused the index to drop to a low…
Jerome H. Powell, chair of the Federal Reserve, said the central bank is focused on the “net effect” of President Trump’s sweeping economic agenda amid high uncertainty about which policies will actually be enacted, as he reiterated that officials are still not in a “hurry” to adjust interest rates. “As we parse the incoming information,…
House prices are stubbornly high, and mortgage rates remain substantially above their prepandemic level. Now, with the spring home buying season looming, shoppers have a new worry: A major federal consumer watchdog has been hobbled. Without the Consumer Financial Protection Bureau, the agency responsible for overseeing most aspects of the home buying process, consumer advocates…
European Central Bank (Photo-AP) The European central bank (ECB) reduced interest rates by 25 basis point on Thursday, aiming to stimulate economic activity as the eurozone grapples with sluggish growth. This move, which lowers borrowing costs for both consumers and businesses, comes amid mounting concerns about the impact of potential trade conflicts with the US…
MUMBAI: Poonawalla Fincorp is going against the tide by growing unsecured loans. The company is targeting ‘premium’ borrowers with unsecured loans of up to Rs 15 lakh, disbursed digitally in 15 minutes.“We have extensive experience in unsecured lending, with low delinquency rates among top white-collar professionals,” said CEO Arvind Kapil. “Rather than increasing risk, we…
Last Updated:February 24, 2025, 07:00 IST To maximise returns, it is crucial to compare interest rates from different banks before committing to an FD. FD interest rates. FD Interest Rate Comparison: Amidst a volatile stock market failing to provide expected returns, investors are turning their attention back to the security of Fixed Deposits (FDs). FDs…
The situation gets even more complicated when considering the other activities the Fed undertakes, especially during times of crisis, that do not neatly fall into either the monetary or the regulatory bucket, Ms. Judge said. For example, during the Covid-induced economic shock in 2020, the central bank aggressively intervened in a range of debt markets…
As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to dog officials at the Federal Reserve: How will these policies impact the central bank’s plans to lower interest rates? One influential Fed governor made clear on Monday that he did not expect Mr. Trump’s…
Watch out for interest rates. Not the short-term rates controlled by the Federal Reserve. Barring an unforeseen financial crisis, they’re not going anywhere, especially not after the jump in inflation reported by the government on Wednesday. Instead, pay attention to the 10-year Treasury yield, which has been bouncing around since the election from about 4.8…
