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The Reserve Bank of India cut its key repo rate by a larger-than-expected 50 basis points and slashed the reserve ratio for banks as low inflation gave policymakers room to focus on supporting growth.
The interest rates on its main refinancing operations and the marginal lending facility will also be lowered to 2.15% and 2.40% respectively, with effect from 11 June 2025.
NEW YORK (Reuters) -U.S. job growth slowed in May, while the unemployment rate held steady, potentially giving the Federal Reserve a buffer to delay the resumption of interest rate cuts. Nonfarm ...
The Monetary Policy Committee (MPC), which consists of three RBI officials and three external members, cut the repo rate to 5.50%. It has now cut rates by 100 basis points across three consecutive ...
India’s central bank surprised markets with a jumbo rate cut, seizing on cooling inflation to frontload monetary easing and bolster economic growth amid heightened global uncertainty.
Ebitda growth was 6% year-on-year to ₹ 385 crore, with margin compressing by almost 100 basis points to 30.4%. A basis point is one-hundredth of a percentage point.
Employers added 139,000 positions in May, down from the revised April number of 147,000. Unemployment held steady at 4.2%.
From finance.yahoo.com U.S. job growth likely slowed considerably in May as businesses struggled with headwinds from tariff uncertainty, but probably not enough for a cautious Federal Reserve to ...
The Federal Reserve Board’s Federal Open Market Committee (FOMC) voted Wednesday to leave the target range for the federal funds rate unchanged at 4.25% to 4.50%, citing solid economic growth and a ...
The unemployment rate remained at 4.2 per cent for the third straight month. The economy needs to create roughly 100,000 jobs per month to keep up with growth in the working age population. That ...
In a bid to spur growth at a time when inflation has come under control, the Reserve Bank of India’s Monetary Policy Committee on Friday (June 6, 2025) voted 5:1 to slash the policy repo rate by ...
WASHINGTON (Reuters) -U.S. job growth slowed in May amid uncertainty about the Trump administration's import tariffs, but solid wage growth should keep the economic expansion on track and ...
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