Tag: interest rate

  • RBI expected to hold key interest rate on Wednesday

    RBI expected to hold key interest rate on Wednesday

    Mumbai : The Reserve Bank of India (RBI) is expected to keep its key interest rate unchanged at its penultimate monetary policy review of the fiscal on Wednesday owing to higher inflation in October and a surge in oil prices, even as the reversal in the decline of GDP growth during the second quarter has…

  • Gold rallies after US Fed leaves interest rate unchanged

    Gold rallies after US Fed leaves interest rate unchanged

    Chicago:(IANS) Gold futures on the COMEX division of the New York Mercantile Exchange settled sharply higher on Friday following the US central bank’s decision to keep interest rate unchanged a day earlier. The most active gold contract for December delivery rose $20.8, or 1.86 percent, to settle at $1,137.8 per ounce, Xinhua reported. After a…

  • US sees conditions for tightening monetary policy

    US sees conditions for tightening monetary policy

    Washington:(IANS) Most US Federal Reserve officials believe conditions for tightening monetary policy were approaching but failed to give clear signals on the timing of the first interest rate hike in nearly nine years. “Most (Fed officials) judged that the conditions for policy firming had not yet been achieved but they noted that conditions were approaching…