MONETARY POLICY EASING

India's retail inflation is projected to stay under 5.0 per cent for the rest of 2024-25, aside from September, as per SBI Research. June saw an increase in inflation to 5.08 per cent, led by higher food costs. States like Odisha, Bihar, and Karnata...

The dollar saw a slight decline while sterling strengthened on reduced expectations of a BoE rate cut. Markets await the U.S. inflation report. Fed Chair Powell emphasizes need-based interest rate decisions. BOJ considering tapering bond purchases. ...

In June, China's consumer prices rose slightly by 0.2% year-on-year, marking the fifth consecutive month near zero, highlighting ongoing deflationary challenges hindering economic recovery. Meanwhile, factory-gate prices remained in deflation, decli...

The U.S. Federal Reserve noted a lack of significant progress towards its 2 percent inflation target in its latest meeting. Despite this, there have been modest improvements in recent months. This conclusion was shared in the Fed policy minutes rele...

Markets react to the Federal Reserve's uncertain policy outlook as the dollar's index strengthens. JOLTS job openings data release creates anticipation in the market, impacting offshore yuan's trading, marking a volatile market sentiment.

RBI faces challenges in rate transmission due to incomplete hikes. Banks show varied transmission rates. Governor Das stresses effective transmission. Rate cuts may come post-October with clearer risk insights.

China is potentially on the brink of major monetary policy changes, responding to President Xi Jinping's call to enrich the policy toolbox. Governor Pan Gongsheng hinted at plans to trade government bonds in the secondary market and make adjustments...

Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in advanced economies.

India's retail inflation eased to 4.75% annually in May, slightly down from the 11-month low of 4.83% recorded in April, according to government data released on Wednesday. This inflation rate continues to fall within the Reserve Bank of India's (RB...

The Reserve Bank of India (RBI) kept interest rates unchanged in its eighth consecutive meeting, with some members leaning towards easing monetary policy due to concerns about rising food prices. The central bank raised its FY25 growth forecast by 2...

RBI MPC Meet 2024 LIVE: The Reserve Bank of India maintained its inflation forecast at 4.5% for this fiscal year amid concerns over rising food prices. The central bank found some relief as crude prices dipped below $80 per barrel. The RBI's Monetar...

RBI Policy Meeting: The Reserve Bank of India (RBI) is expected to maintain the repo rate at 6.5% with a focus on withdrawing accommodation, marking the eighth consecutive time it remains unchanged. Economists predict the unchanged stance, citing pe...

Gold rose on Friday but was set for its first weekly drop in three weeks, as investors lowered expectations of a U.S. interest rate cut after the Federal Reserve's latest meeting indicated a delay in monetary policy easing.

MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.57%. Australia's S&P/ASX 200 index was one of the biggest decliners, slumping 0.8%, also hurt by a pullback in some commodity prices.

Investors have been shoring up rate cut bets after a milder inflation reading last week boosted expectations for U.S. rate cuts this year.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.14% after touching a two-year high on Thursday. The index was still set for an increase of 2.6% this week for its fourth straight week of gains.

Mester said risks to inflation have risen and risks to weaker growth and hiring have diminished, which means in a strong economy the Fed has the space to look for more evidence inflation is moving back to target before cutting rates.

In April, India's retail inflation slightly decreased to 4.83 percent annually from 4.85 percent the previous month, as per government data released on Monday. According to a Reuters poll of 44 economists, the estimated figure was 4.80 percent.

India's inflation decreased to a low of 4.83% in April, which is the lowest in 11 months, compared to 4.85% in the previous month, due to a slight increase in food inflation caused by high vegetable and pulses prices.