Goods demand fades, services holds out hope
The pent-up demand fuelled by pandemic time savings is beginning to peter out for goods, but may last for some more time for services, say economists. Overall consumer demand is …
monetary policy
RBI cautious on future price shocks, may hold repo steady
The Reserve Bank of India is likely to hold repo rates steady for a long period as easing of core inflation and high real interest rate provide comfort, but the …
RBI: Interest rates will stay high for now, says RBI Governor Shaktikanta Das
New Delhi: Reserve Bank of India (RBI) governor Shaktikanta Das said interest rates will stay high, without offering any indication of when softening could start. Monetary policy must remain “actively …
U.S. Treasurys ahead of Fed Chair Powell speech
U.S. Treasury yields rose on Thursday, with the 10-year Treasury extending its latest multiyear high as investors awaited remarks from Federal Reserve Chairman Jerome Powell. At 4:15 a.m. ET, the …
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …
monetary policy: Higher-for- longer rate stance may end early 2024
The new higher-for-longer stage of global monetary policy may last only until the early months of 2024 as central banks begin moving toward cutting borrowing costs. That’s the outlook foreseen …
Bullish case for corporate bonds over Treasurys tied to rising rates
There may be advantages to owning corporate bonds right now. JPMorgan’s Bryon Lake believes his firm’s Ultra-Short Income ETF (JPST) is ideal for those looking to make money outside the …
mpc: Takeaways from RBI MPC meet: Das & Co suggest there’s more than the status quo
In the recently concluded meeting of the Monetary Policy Committee, chaired by Reserve Bank of India Governor Shaktikanta Das, the panel unanimously decided to keep the repo rate- the key …
RBI likely to maintain status quo on benchmark interest rate: Experts
Mumbai: The Reserve Bank is likely to maintain the status quo on the benchmark interest rate at its bi-monthly monetary policy review to be announced on Friday in view of …
10-year Treasury yield rises slightly ahead of Friday’s jobs report
Long-duration Treasury yields rose again on Thursday as investors awaited a key jobs report to gauge the path of monetary policy. The yield on the 10-year Treasury climbed 3 basis …