Tag: monetary policy

Yield curve: The Fed has trained bond traders not to push yields up too far

By Liz Capo McCormick The message from the bond market after the latest brief leap in yields is clear: The Federal Reserve is standing by...

Raghuram Rajan cautions against import substitution

Former Reserve Bank governor Raghuram Rajan on Wednesday cautioned against import substitution under the ‘Aatmanirbhar Bharat’ initiative of the government, saying the country has gone...

Inflation target should be higher, wider: Experts

New Delhi: India needs to raise its inflation target, make the entire framework more flexible, and widen the remit of the monetary policy committee, to...

Monetary policy delay adds to Indian bankers’ long list of problems

By Suvashree Ghosh India’s delayed monetary policy meeting adds to growing uncertainty for bankers over how to bolster lending and handle record levels of bad...

Mohamed El-Erian says investors should prepare for slower economic recovery and not expect ‘US lawmakers to come to the rescue’

Mohamed El-Erian, Chief Economic Advisor of Allianz and Former Chairman of President Obama’s Global Development Council, speaks during the Milken Institute Global Conference in Beverly...

Dow nearly erases 384-point slump as industrials, materials help benchmark pare opening drop

U.S. stocks traded lower Thursday, but well off their worst levels of the session, as investors digested the Federal Reserve’s economic outlook and its decision...

fomc outcome: Fed signals rates will stay near zero for at least three years

By Catarina Saraiva The Federal Reserve left interest rates near zero and signaled it would hold them there through at least 2023 to help the...

Rate cuts beyond a point could be counter-productive: Report

Policy rates cannot dip below a threshold, beyond which a rate cut could be counter-productive and lead to an economic contraction rather than stimulating it,...

FII investments: Foreign investors pour into India stocks despite sinking economy

By Nupur Acharya India’s shrinking economy is not stopping foreign investors from pouring money into the nation’s stocks betting on a recovery. International buyers plowed...

The Fed takes new approach to inflation: What it means for your savings, credit-card interest — and mortgage rate

The Federal Reserve is shaking things up — which is both good and bad news for consumers. The Fed made some of the biggest changes...

The Fed might never hike rates again. Here are growth stocks for the long run, according to one strategist

So just how significant was Federal Reserve Chairman Jerome Powell’s speech on inflation? In the speech that markets were eagerly awaiting, Powell announced the Fed...

viral acharya: Why does the Reserve Bank need to be less reserved about dissent? Ask Viral Acharya

If there were any doubts left about why Viral Acharya quit the RBI in the same sudden manner as Raghuram Rajan and Urjit Patel, the...

Inside the $5 billion ‘shadow’ student debt market that helps keep for-profit colleges afloat

A new report highlights the $5 billion ‘shadow’ student debt market. (Photo by Robyn Beck / AFP) Roughly 44 million Americans are coping with $1.6...

Govt to announce measures to boost demand; fiscal, monetary headroom available: Sanjeev Sanyal

Asserting that economic activity is steadily coming back on track, Principal Economic Adviser Sanjeev Sanyal on Thursday said the government will undertake measures to boost...

How negative interest rates help gold act like a ‘risk-on’ asset as it pushes toward all-time high

Gold is traditionally thought of as a haven asset — a safe port in a storm. But that hasn’t stopped it from rising to a...

Most Fed officials at June meeting agreed on need to clarify what could cause them to move interest rates off zero

Most Federal Reserve officials at their meeting last month agreed that the central bank should provide more clarity to financial markets about the path of...

Home loan rates of public sector banks turn attractive

Starting 1 July 2020, the State Bank of India is offering home loans starting at 6.95%. This will be the second-lowest rate for home loans...

Waiting for MPC schedule could be costly and irreversible: RBI Guv

MUMBAI: Waiting for the MPC meeting schedule could be costly and timely monetary policy response to the fast evolving economic conditions post the nation-wide lockdown...

economy: View: Sharp fall in the latest growth estimates is a wake-up call to GoI to ramp up its stimulus package

For all its shortcomings, both at a conceptual and statistical level, gross domestic product (GDP) — or the money value of goods and services produced...

Fed’s Kashkari throws cold water on White House optimism about a ‘snapback’ economic recovery

A top Federal Reserve official on Sunday threw cold water on White House optimism about the ability of the U.S. economy to forge a ‘snapback’...

Fed’s Evans sees return to economic growth after June but admits pessimistic scenarios are almost as likely

It is reasonable to assume that the economy will return to growth in the second half of the year as the economy starts to open...

A former Fed official says the U.S. central bank should do the formerly unthinkable: take interest rate below 0%

“ ‘Unprecedented situations require unprecedented actions. That’s why the U.S. Federal Reserve should fight a rapidly deepening recession by taking interest rates below zero for...