SynopsisIn particular, he added, “if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or meetings, we will do so.”AgenciesPowell also repeated on Monday that the Fed’s reductions to its massive balance sheet could start by May.The U.S. central…Continue Reading
Axis bank has revised interest rates a second time since January 2022. Axis Bank has revised its fixed deposit (FD) interest rates, latest rates will be effective from March 5, 2022. According to the bank’s website, it has revised interest rates on FDs worth less than Rs 2 crore and above with different maturities. According…Continue Reading
Many economists predict the Bank of Canada will begin hiking its benchmark interest rate, starting with a hike of 0.25 per cent on Wednesday. The question now is, how high will interest rates go, and will indebted Canadians be able to handle it?To help curb soaring inflation, many economists predict the Bank of Canada will…Continue Reading
NEW DELHI: Amidst the ongoing buzz around Life Insurance Corporation of India’s (LIC) market debut, the finance minister on Tuesday assured that the government will go ahead with it. Addressing a post-budget outreach press conference, the finance minister said that there’s a lot of buzz and interest in stock market for India’s biggest initial public…Continue Reading
Hi there, Good Morning. Welcome to ETMarkets Morning, the show about money, business and markets. I am Nikhil Agarwal. Let’s start with the headlines first.- LIC may file draft IPO papers next week- Meta plunges 20% on missing earnings estimate- ITR to have separate column for crypto- Oil PSUs to spend Rs 1.11 lakh cr…Continue Reading