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Why are traders selling dollars after the Fed pledged to aggressively hike rates?

Editor’s note: Jimmy Zhu is chief strategist at Fullerton Research. The article reflects the opinion of the author, and not necessarily the views of CGTN. A hawkish central bank is generally seen as a positive for its currency, but the dollar surprisingly failed to rise after March’s meeting of the Federal Open Market Committee (FOMC) […]

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US Fed could raise rates by 25 basis points amid high inflation

It is imperative for the US Fed to raise rates and steadily tighten monetary conditions given that inflation is at a 40-year high and core PCE inflation is at a 30-year high. years, said Prasenjit K Basu, Chief Economist, ICICI Securities. . Amid soaring U.S. inflation to 40-year highs and lingering concerns over Russia’s war […]

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Bank Indonesia to hike rates in Q3, end year at 4.00% – Reuters poll

BENGALURU: Indonesia’s central bank will only raise rates from record highs in the third quarter, several months after a widely expected U.S. Federal Reserve rate hike this week, according to a Reuters poll. So far, price increases in Southeast Asia’s largest economy have remained benign. But Russia’s invasion of Ukraine has triggered a spike in […]

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BOE to hike rates by 25 basis points on Thursday, inflation to peak in Q2 – Reuters poll

According to a majority of economists polled by Reuters, the Bank of England (BOE) should raise its key rate by 25 basis points on Thursday. Key points to remember “The Monetary Policy Committee will add another 25 basis points to the Bank Rate this week, bringing it to 0.75% – its pre-pandemic level.” “The Bank […]

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CEE MARKETS-Forint, zloty extend gains after central banks rate hike

Band Krisztina Than and Alan Charlish BUDAPEST/WARSAW, March 9 (Reuters) – Hungarian forint EURHUF= jumped nearly 2% on Wednesday, rebounding from record lows reached earlier this week, as new data, which showed inflation at 8.3%, fueled expectations of further interest rate hikes. The Polish forint and zloty EURPLN= already started to rebound on Tuesday after […]

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US service sector slows further in February – ISM survey

WASHINGTON, March 3 (Reuters) – A measure of U.S. service industry activity fell to its lowest level in a year in February and employment contracted, suggesting a slowdown in economic growth at the end of 2021 persisted beyond the disruption of the winter surge of COVID -19 cases. The Institute for Supply Management said Thursday […]

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Powell Signals Fed Will Hike Rates This Month Despite Ukraine Uncertainty

Federal Reserve VSHairdresser Jerome Powell said the central bank plans to raise interest rates for the first time in years this month despite uncertainty over the devolved situation in Ukraine. During a hearing before the House Financial Services Committee on Wednesday, Powell was asked how the Russian invasion of Ukraine would affect the rate and […]

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Powell: Fed on track to hike rates in March

Chairman of the Federal Reserve Jerome PowellJerome PowellBiden urges GOP to end blockade on Fed Biden picks: Inflation ‘steals’ benefits of strong economy Oil prices top 0 a barrel as war on Ukraine rages MORE will tell lawmakers on Wednesday that the central bank will likely raise interest rates later this month with inflation “well […]

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BSP under growing pressure to raise rates

Louise Maureen Simeon – The Filipino Star February 28, 2022 | 00:00 MANILA, Philippines — Pressure is mounting for the Bangko Sentral ng Pilipinas (BSP) to raise its key interest rates as escalating inflation looms following Russian military attacks on Ukraine, a senior official said. global think tank. In its latest research report, Oxford Economics […]

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Bank of Canada to hike rates 25 basis points as domestic pressures mount | Item

Tightening to start with a movement of 25 basis points Even after Russia invaded Ukraine, financial markets are fully pricing in a 25 basis point rate hike from the Bank of Canada (BoC), with speculation growing that this could prove to be a move. by 50 basis points next Wednesday. To us, 50 basis points […]

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ECB could raise rates this summer before ending bond purchases: Holzmann

Adds comment background ZURICH, February 23 (Reuters) – The European Central Bank could start raising interest rates before ending its bond-buying program, ECB policymaker Robert Holzmann said in an interview with Swiss newspaper NZZ, saying that a rate change would already be possible this summer. As inflation in the eurozone has hit record highs in […]

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Fed to hike rates regardless of confirmation of Biden nominees, economists say

Federal Reserve Chairman Jerome Powell leaves a meeting in the office of Sen. Chris Van Hollen, D-Md., in Hart Building Wednesday, Oct. 6, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images There may be many reasons to confirm President Joe Biden’s nominees for the Federal Reserve, but economists say concerns that the central […]

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POLL-S.Africa’s Reserve Bank will raise rates again next month

Band Vuyani Ndaba JOHANNESBURG, February 17 (Reuters) – South Africa’s Reserve Bank will step up the pace of its tightening cycle and raise its repo rate again next month to halt rising inflation, according to a Reuters poll released on Thursday, with further increases likely in the future. second and third trimesters. Last month, the […]

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RBI unlikely to raise rates until August report

Although retail inflation hit 6.01% in January and is expected to remain elevated through April, a foreign brokerage report expects RBI to leave key rates unchanged through the first half of 2022. Swiss brokerage UBS Securities India sees policy change only from the second half where the Monetary Policy Committee (MPC) may propose a 50 […]

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Despite rising inflation, RBI not expected to raise rates until August

Swiss brokerage UBS Securities India only sees policy change from the second half, with the Monetary Policy Committee (MPC) able to propose a 50 basis point hike in the second half from August policy. India’s retail price inflation exceeded the upper limit of the RBI’s tolerance band, accelerating to a seven-month high of 6.01% in […]

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RBI unlikely to hike rates until August, despite rising inflation: report

Although retail inflation hit 6.01% in January and is expected to remain elevated through April, a foreign brokerage report expects RBI to leave key rates unchanged through the first half of 2022. Swiss brokerage UBS Securities India only sees policy change from the second half, with the Monetary Policy Committee (MPC) able […]

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RBI Repo Rate 2022: Why RBI Didn’t Raise Rates For The 10th Time In A Row And What It Means For You | India Business News

The Reserve Bank of India left its key interest rates unchanged for a tenth consecutive meeting, maintaining a dovish stance on the threat of the Omicron variant. He believes India’s economic recovery is still incomplete and needs continued policy support. Repo and reverse repo rates remain unchanged at 4% and 3.35%, respectively, RBI Governor Shaktikanta […]

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Central banks are starting to hike rates – which currency will benefit the most?

The FED was the first major central bank to start becoming hawkish in the second quarter of last year. However, we noticed already in the summer, that they were going to start tightening monetary policy, as they began to adjust their rhetoric, sounding less dovish. Inflation was the main reason for this decision, with the […]

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RBI expected to hike rates in April, support Indian rupee – Reuters poll

The majority of economists polled by Reuters said they expected the Reserve Bank of India (RBI) to hike the repo rate for the second time this year to 4.50%, boosting sentiment around the Indian rupee. Additional Results “RBI will raise the repo rate by 25 basis points at the April meeting, 17 of 32 economists […]

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Guide to central banks and the race for rate hikes

Several central banks have taken a decidedly more hawkish stance over the past two months. Our economists look at what is likely to come next. US Federal Reserve Fed Chairman Jerome Powell following January’s FOMC meeting suggests the central bank is serious. With a rate of 7% and a much faster-than-expected tightening, he hasn’t ruled […]

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Bank of England set to hike rates again as prices rise – The Durango Herald

Bank of England set to raise interest rates for second time in three months LONDON (AP) — The Bank of England is expected to raise interest rates again on Thursday, putting the United Kingdom well ahead of the rest of Europe and the United States in tackling soaring inflation that is weighing on consumers and […]

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Bank of England raises interest rates again as prices rise | world news

LONDON (AP) — The bank of england raised interest rates for the second time in three months on Thursday, putting the UK well ahead of the rest of Europe and the US in tackling soaring inflation that is weighing on consumers and businesses . The bank’s monetary policy committee voted 5-4 to raise its key […]

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Bank of England set to hike rates again as prices rise

The Bank of England is expected to raise interest rates again on Thursday, putting the UK well ahead of the rest of Europe and the US in tackling soaring inflation weighing on consumers and businesses . Economists and investors expect the bank’s monetary policy committee to raise its key rate to 0.5%, the second hike […]

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Bank of England set to hike rates again as prices rise – The Journal

Bank of England set to raise interest rates for second time in three months LONDON (AP) — The Bank of England is expected to raise interest rates again on Thursday, putting the United Kingdom well ahead of the rest of Europe and the United States in tackling soaring inflation that is weighing on consumers and […]

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IMF sees potential for further market turmoil as central banks raise rates

The International Monetary Fund has warned of further turmoil ahead for financial markets, particularly as governments around the world shift into high gear in recovery mode. Central bank moves to tighten monetary policy and rein in rising inflation could push riskier stocks deeper into the red even as policymakers commit to a smooth transition, financial […]

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Fed set to hike rates in March as Powell promises sustained fight against inflation

Powell says central bank should raise rates in March Fed chief says inflation hasn’t improved since December US stocks reverse course to end mostly lower WASHINGTON, Jan 26 (Reuters) – The Federal Reserve said on Wednesday it is likely to raise interest rates in March and reaffirmed its intention to end its bond purchases that […]

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Inflation could lead the Fed to hike rates more than 4 times

Goldman Sachs analysts say the Federal Reserve could raise interest rates more than expected this year as it aims to curb the ongoing inflation spurt. Goldman’s current projections call for four rate hikes in 2022, with hikes coming in March, June, September and December. But with inflation at its highest level in four decades, the […]

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Wall Street banks are split on whether Turkey should hold or raise rates in 2022

People enter the headquarters of the Central Bank of Turkey in Ankara December 8, 2011. REUTERS/Sait Serkan Gurbuz Join now for FREE unlimited access to Reuters.com Register LONDON, Jan 20 (Reuters) – Wall Street banks were split on what Turkey’s central bank would do after it left rates on hold on Thursday, with JPMorgan expecting […]

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Reserve Bank of South Africa to raise rates by 25 basis points to 4.00% on January 27

An embossed logo of the Reserve Bank of South Africa sits on a folder of documents during a press conference with Lesetja Kganyago, Governor of the Reserve Bank of South Africa, in Pretoria, South Africa , Thursday, November 20, 2014. Reserve Bank Governor Lesetja Kganyago kept South Africa’s borrowing costs unchanged in his first policy […]

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POLL-S.African Reserve Bank to raise rates by 25 basis points to 4.00% on January 27

Band Vuyani Ndaba JOHANNESBURG, January 19 (Reuters) – The Reserve Bank of South Africa (SARB) will raise interest rates to 4.00% on January 27 as it continues its hike cycle amid renewed consumer price inflation, according to a Reuters poll released on Wednesday. Eighteen of 23 economists polled Jan. 12-18 said the central bank would […]

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Will the RBA follow the US Fed and raise rates?

The U.S. Federal Reserve (Fed) could start raising interest rates as early as March 2022 and shrink its balance sheet in response to rising inflation, said James Bullard, chairman of the Federal Reserve Bank of St. Louis, on January 6, 2022. Last December, the Federal Open Market Committee (FOMC) announced that it would reduce the […]

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Bank of Korea likely to hike rates again on high inflation, household debt: Reuters poll

The Bank of Korea logo is seen atop its building in Seoul, South Korea July 14, 2016. REUTERS/Kim Hong-Ji Join now for FREE unlimited access to Reuters.com Register BENGALURU, Jan 12 (Reuters) – (This January 11 story corrects to clarify milestone over more than a decade, not two decades, in 4th paragraph) The Bank of […]

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With US Fed tightening looming, RBI must normalize policy and raise rates, or risk capital flight abroad

The RBI is expected to follow global indices and raise interest rates, although it is not clear when it will. Some experts expect RBI to take inspiration from the world and act quickly, others say it will wait and watch. As the US Federal Reserve takes an aggressive stance towards its monetary policy and considers […]

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Sticky inflation and tight labor market will push Fed to hike rates 4 times in 2022: Goldman Sachs

Inflation will warm up longer and further tightening in the labor market will force Federal Reserve raise rates four times instead of three in 2022, according to a new forecast from Goldman Sachs. Jan Hatzius, chief economist at Goldman, wrote in a note on Sunday that the investment bank forecast a fourth rate hike of […]

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Persistent inflation and tight labor market will push Fed to hike rates 4 times in 2022: Goldman Sachs

Opinions expressed by Contractor the contributors are theirs. Inflation intensifies for longer and a further tightening of the labor market will force the Federal Reserve hike rates four times instead of three in 2022, according to a new forecast from Goldman Sachs. Jan Hatzius, chief economist at Goldman, wrote in a note on Sunday that […]

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Job cuts increase pressure on the Fed to raise rates

The US economy created fewer jobs than expected in December. According to data on non-farm wages, only 199,000 people have found work, while there have been 141,000 net upward revisions in the past two months. Combining these numbers gives us an employment gain of 340,000, which is well below the consensus forecast of 450,000. In […]

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The Federal Reserve is expected to raise rates 4 times in 2022

The Federal Reserve is expected to raise interest rates more than expected in 2022 as the U.S. economy grapples with runaway inflation and tough labor conditions, Goldman Sachs analysts said in a note to investors on Sunday. The Wall Street bank said it now expects four rate hikes, down from three in its previous projections. […]

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The Daily Chase: The Fed Could Raise Rates Earlier Than Expected; Toronto home sales drop

We wait to see if the tech rout continues into another day following yesterday’s reminder that the US Federal Reserve is bracing for what could be a faster-than-expected tightening of monetary policy. We learned in those minutes of the last Fed meeting that the take-off could happen “sooner or at a faster rate” than central […]

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The Daily Chase: Fed Could Hike Earlier Than Expected; Toronto home sales plummet

We are waiting to see if the tech debacle extends another day following yesterday’s reminder that the US Federal Reserve is preparing for what could be a faster than expected tightening of monetary policy. We learned in these minutes from the last Fed meeting that the takeoff could happen “sooner or at a faster pace” […]

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UK first G7 economy to hike rates since pandemic

Britain became the first G7 economy to raise interest rates since the start of the pandemic on Thursday, with the US Federal Reserve also signaling plans for tightening in 2022, but the European Central Bank (ECB) has not only slightly dampened the recovery. The differing trajectories of major central banks underscore deep uncertainties about how […]

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Will the RBI raise its rates today? Strategy for debt fund investors

The Reserve Bank of India’s monetary policy committee meets to decide on the future development of interest rates in the country. However, most money market analysts believe the MPC would keep policy rates unchanged tomorrow due to the uncertainties presented by the spread of the omicron virus. Some debt mutual fund managers believe worries about […]

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Bank of England to review Omicron and raise rates this month

thursday 02 december 2021 15:01 With the emergence of the Omicron variant leaving the specter of the coronavirus hanging over the country, it’s fair to say that the UK economy is not out of the woods just yet (Photo by Leon Neal / Getty Images) The Bank of England will go ahead and hike interest […]

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HDFC and Bajaj Finance raise rates on long-term deposits ahead of RBI meeting

In a move that could provide savers some breathing space, two of the largest non-bank lenders, HDFC Ltd and Bajaj Finance, have raised their long-term deposit rates ahead of the Reserve Bank of India’s monetary policy meeting (RBI ), as a sign that the rate cycle may be turning. India’s largest mortgage lender HDFC Ltd […]

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RBI may hike next year’s rates on inflation, Goldman Sachs predicts

Mumbai: India’s central bank may start tightening monetary policy from next fiscal year as consumer prices rise, according to Goldman Sachs Group Inc. “Inflation is going to determine what the RBI does over the next year,” said Santanu Sengupta, senior Indian economist at Goldman, in an interview with Juliette Saly and Rishaad Salamat on Bloomberg […]

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Bank of England will be first major bank to raise rates, likely in December – economists: Reuters poll

People walk past the Bank of England during the morning rush hour amid the coronavirus disease (COVID-19) pandemic in London, Britain July 29, 2021. REUTERS/Henry Nicholls/File Photo Join now for FREE unlimited access to Reuters.com Register Charts from a Reuters poll on the UK economy and the Bank of England’s policy outlook: LONDON, Nov 12 […]

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Inflation: Will high inflation force the Fed to raise rates next year?

Deepthi Mary Mathew Economist, Geojit Financial Services She holds a master’s degree in economics and is currently pursuing her doctoral studies. Prior to joining Geojit, she worked as a senior research associate at the Kochi, Kerala-based think tank for public policy research. Ms. Mathew writes regularly on developments in the areas of monetary policy, fiscal […]

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Bank of England could be on the verge of raising rates amid soaring inflation

General view of the Royal Exchange, the Bank of England and the City of London on an overcast day. Vuk Valcic | SOPA Pictures | light flare | Getty Images LONDON — The Bank of England’s monetary policy committee will meet on Thursday to decide whether to pull the trigger on interest rate hikes. Policymakers […]

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Fed resists pressure to hike rates

While many financial commentators were pushing for rate hikes based on supposed market expectations and inflationary pressures, Jerome Powell gave them a lesson in economics. Speaking at a press conference this afternoon, following the two-day meeting of the Federal Open Market Committee responsible for setting policy, Powell explained that the central bank would begin to […]

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USD Plunges (Slightly) Lower Fed, Could BoE Raise Rates?

The Federal Reserve made it official. Starting this month, it will cut its monthly bond purchases by $15 billion ($10 billion in Treasuries, $5 billion in mortgage-backed securities). By June 2022, the bond buying program is expected to end. The Fed explains that the pandemic stimulus may begin to be undone as “substantial further progress […]

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RBI likely to raise rates from first quarter of 2022: report

Brokerage firm Nomura says RBI may change monetary policy in Q1 2022 The Reserve Bank of India (RBI) may change its monetary policy and raise lending rates from the first quarter of 2022, Japanese brokerage firm Nomura said on Monday. The apex bank will start moving towards normal cash flow from this month, she said, […]

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RBI May Hike Rates in March Quarter; coal and chip shortages are a concern: Nomura

The Reserve Bank is likely to change its monetary policy stance and raise rates from the first quarter of 2022, a Japanese brokerage said on Monday. The central bank will begin this month with liquidity normalization measures, narrowing the difference between the rate at which it funds the system and the rate at which it […]

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RBI may raise rates in March 2022 quarter; shortages of coal and chips are a concern: report

MUMBAI: The Reserve Bank is likely to change its monetary policy stance and raise rates from the first quarter of 2022, a Japanese brokerage said on Monday. The central bank will begin this month with liquidity normalization measures, narrowing the difference between the rate at which it funds the system and the rate at which […]

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BSP to raise rates faster in 2022 — Fitch Group unit

Metro Manila (CNN Philippines, September 27) — The Bangko Sentral ng Pilipinas may raise interest rates earlier than expected in 2022 in a bid to normalize monetary policy, Fitch Solutions said. In a recent commentary, the US research firm said it now expects the central bank to hike a total of 75 basis points next […]

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RBNZ says it will raise rates in small increments

The Reserve Bank (RBNZ) is signaling its intention to raise interest rates much more slowly than it eased monetary policy at the start of Covid-19. RBNZ Deputy Governor Christian Hawkesby delivered that message in a speech finalized on September 15 and released today (Tuesday). He contrasted the approach used by the RBNZ in the early […]

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Bank of Canada pledges to hike rates before cutting bond holdings

The Bank of Canada has issued guidelines for the first time on how it plans to eventually scale back monetary stimulus, saying it will raise interest rates first before reducing its holdings of government bonds. In a speech on Thursday the day after a firm decision, Governor Tiff Macklem provided details on what he called […]

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RBI to hike rates from early 2022, take more steps to normalize policy: analysts

MUMBAI (Reuters) – The Reserve Bank could reach the end of its tolerance for high inflation and will most likely raise interest rates in the first half of 2022, analysts said on Friday. The central bank will also start to reverse its accommodative policies that led to easy liquidity conditions, they said. The analysts’ view […]

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Fed says it won’t raise rates yet – but as economy heats up, borrowers fear time is running out

Main Street and Wall Street will parse comments made by Federal Reserve Chairman Jerome Powell on Wednesday for any indication that the central bank is worried about the economy’s potential to overheat. “The Fed will reiterate its belief that increases in inflation will prove transitory,” said Greg McBride, chief financial analyst at Bankrate. “As economic […]