rate decision

India central bank policymakers divided over rate-growth debate

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India central bank policymakers divided over rate-growth debate

A consensus appears to be emerging among the external members of the Reserve Bank of India’s monetary policy committee that high interest rates are damaging to economic growth, a sign that the debate over the timing of any easing is intensifying. Jayanth Rama Varma and Ashima Goyal voted at the June meeting for a rate … Read more

Jerome Powell: Powell poised to keep Fed on higher-for-longer path

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Jerome Powell: Powell poised to keep Fed on higher-for-longer path

Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Fed is willing to wait before cutting interest rates. The last time the US central bank chair spoke, he signaled that policymakers were likely to keep borrowing costs high for longer than previously anticipated, … Read more