Federal Budget Deficit Will Need to Be Closed Eventually, Powell Warns
Federal budget deficits in the trillions of dollars per year can’t go on forever, Powell warned. “It's not the level of ...
Policy rate: To cut or not to cut
It follows that at least a 25 basis point cut is required. Rate cuts are delayed and there is space for more cuts, but slow ...
Monetary Policy: Supporting growth with stability amid global headwinds
The MPC’s decision to reduce borrowing costs complements these efforts, making credit more accessible to businesses and ...
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Fiscal Maneuvers: India's Bid for Inflation Control and Export Boost
Finance Secretary Pandey discusses India’s strategy to reduce fiscal deficit with a non-inflationary Budget. The government ...
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RBI cuts policy rate by 25 bps to 6.25%, first reduction in five years
The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5%.
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Adopt accommodative monetary policy instead of an ultra-tight one: Task force on economy
Bangladesh Bank should adopt an accommodative monetary policy instead of an ultra-tight monetary policy, as recommended by the task force on re-strategising the economy and mobilising resources for ...
Lagarde's statement after ECB policy meeting
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
Poland needs to cut spending and raise taxes, OECD says
Poland's higher social, health and defence spending requires sustained fiscal adjustment to reduce the budget deficit and ...
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Budget non-inflationary, focuses on fiscal prudence; monetary policy should work in tandem: Fin Secy
Finance Secretary Tuhin Kanta Pandey on Tuesday said the government has taken measures to lower fiscal deficit and delivered a non-inflationary Budget, and hoped that the RBI’s monetary policy will ...