Hall wins Nobel Memorial Prize in Economic Sciences
American economists Robert E. Hall and Michael Woodford won the 2026 Nobel Memorial Prize in Economic Sciences for pioneering models that guide central banks and governments…
monetary policy
Markets bet on RBI rate hike as inflation pressure builds
The Reserve Bank of India’s Monetary Policy Committee (MPC) is poised to raise the repo rate by 25 basis points in its October 5-7 meeting, driven by rising inflation, elevated…
Standard Chartered Forecasts December ECB Rate Hike as Inflation Rises
Standard Chartered has joined major financial institutions in forecasting a 25 basis point rate hike by the European Central Bank in December, raising its key deposit rate to…
Global Debt Surpasses $365 Trillion
Emerging markets face heightened financial strain as debt levels rise, exacerbated by inflation and the Federal Reserve’s monetary policies.
Kevin Warsh’s Three Words Are Sending Shockwaves Through Wall Street
Federal Reserve Chairman Kevin Warsh raised benchmark interest rates by a quarter percentage point to a target range of 3.75% to 4% on Wednesday, framing the move as removing a…
Federal Reserve Raises Interest Rates 0.25% to 3.75%-4% Amid Inflation Concerns
The Federal Reserve delivered its first interest rate hike in over three years on Sept.
Trump and Fed Chair Kevin Warsh Clash Over Potential Rate Hike
President Donald Trump and Federal Reserve Chair Kevin Warsh are on a collision course over monetary policy as the central bank approaches its September 15-16 FOMC meeting.
Federal Reserve Holds Rates Steady Amid Dissent and Inflation Fears
Defying expectations after a year of shifting monetary policy debates, the Federal Reserve voted to hold its benchmark interest rate in the 3.50%-3.75% range during a meeting that…
Fed Rate Hike Looms: 10-Year Yield Hits 5% Amid Oil Price Surge
U.S. stock futures tumbled as oil prices surged past $108 and the 10-year Treasury yield hit over 5%, signaling heightened market anxiety ahead of the Federal…
US Nonfarm Payrolls Surge 162,000 in August as Job Market Defies Forecasts
U.S. nonfarm payrolls surged by 162,000 in August, nearly tripling forecasts and holding the unemployment rate steady at 4.1%, according to the Labor Department.
Bank of Japan to Raise Interest Rates
The Japanese yen surged 1.7% against the dollar on Thursday, hitting its highest level in a month at 155.85, as investors braced for a potential interest rate hike by the Bank of…
South African rand flat as gold prices drop and US dollar strengthens
The South African rand traded flat against a firmer dollar on Tuesday, held under pressure by declining gold prices and mounting market disappointment over the central … Read more