Kevin Warsh sworn in as new chairman of the Federal Reserve: will he lower interest rates?... Kevin Warsh sworn in as Fed chairman at the White House amid pressure from President Trump to cut interest rates
Kevin Warsh is appointed the new president of the Federal Reserve, approved by the Senate... The Senate confirmed Kevin Warsh as new chairman of the Federal Reserve (Fed), at a time of high pressure over interest rates
Senate confirms Kevin Warsh and brings him closer to leading the Federal Reserve... The Economist backed by Trump advances to replace Jerome Powell as head of the Fed
Trump says that meeting with Lula was very good and that they talked mainly about tariffs... The American president announced that representatives of both countries plan to meet to discuss "certain key elements" in the coming months
With Maduro imprisoned, Venezuela now bets on a long-term relationship with the US.... On the 100th day of her term, Rodriguez expressed her
Inflation remains at 2.4% in February before fuel volatility... The Consumer Price Index (CPI) remained at 2.4% in February. However, this data is given before recent changes in the cost of energy
Gold and silver at prices near all-time highs... Gold and silver remain near all-time highs as a financial safe haven amid tariffs and trade tensions between the US and European countries
President Claudia Sheinbaum and those who amplify her message from the Morena party.... Trump has insisted on a military incursion into Mexican territory to confront cartels, but Sheinbaum reiterates the defense of Mexican sovereignty
Mercosur and the EU sign the agreement that creates the world's largest free trade zone: why is it so controversial... The transatlantic pact was signed in the same venue where the South American bloc was born in 1991
Yellen calls the federal investigation against Powell "extremely chilling"... In addition to Janet Yellen, various voices have criticized the investigation against Jerome Powell, accusing it of political overtones
Federal Reserve Chairman reveals there is a federal investigation against him... Despite the investigation, Powell indicated that the government's latest tactic would not lead to his departure from the central bank
Argentina will pay multimillion-dollar debt with help from international banks... This Friday marks the deadline imposed on the South American country to cover more than four billion dollars in sovereign bonds.
Could falling inflation improve interest rates on mortgages?... Inflation has fallen and the Fed's rate cuts could help lower mortgage rates. Here's what to expect if you buy or refinance a home in 2026
Trump warns that someone who does not agree with him will never be Chairman of the Fed... Donald has pressured Jerome Powell to lower interest rates, but the Federal Reserve chairman has stood firm
How Colombia managed to become one of the best economies of 2025... The country surprised this year with its high growth, but must correct problems such as its fiscal deficit
Former Undersecretary warns of more economic effects due to Trump's tariffs: People are going to go hungry... Jose Fernandez, former Undersecretary of Economic Growth, explains the implications of Trump's tariffs on the cost of living for Americans
Underlying inflation remained high in September... Underlying inflation remained under pressure in September, reinforcing the Federal Reserve's (Fed) caution regarding potential rate cuts
Investors: The SP 500 reached almost its all-time high... The SP 500 closed very close to its all-time high this Friday, after a five-day rally driven by expectations of rate cuts
Bitcoin continues in free fall and reaches $82,000: keys to the debacle... Bitcoin plunged to $82,000 and erased its year's gains. Experts explain the causes and what factors are putting pressure on cryptocurrencies
The communist Jara and the ultraright-wing Kast will compete for the presidency of Chile in the second round... Since none of the eight candidates obtained more than 50%, the presidency will be decided next month
The mysterious businessman who orchestrated a $14 billion cryptocurrency fraud... The Cambodian-born, Chinese-raised man is accused of running elaborate scams that stole from people around the world. But how did he build an empire?
Argentina launches commemorative coin of Maradona's goal against England in Mexico 86... The coin features an engraving of the path taken by the Argentine captain in the historic goal he scored in the quarterfinals of the tournament
Specialists believe that Bitcoin won't fall hard in the future... According to the analysis of various cryptocurrency and investment specialists, they see less risk of Bitcoin collapsing as on other occasions
How did the Argentine economy deteriorate to the point that Trump offers financial help to Milei... In recent months, Javier Milei's government seems to have lost the confidence of the markets, but the United States has shown itself willing to rescue its economic plan.
Why France is on the verge of becoming the “sick” of Europe... The European country is in the middle of several crises at once. Is it fair to blame President Macron?
What is the centenary building of London that keeps 400,000 ingots of gold, including those of Venezuela... The BBC was able to visit the interior of the Bank of England, one of the most protected and secure buildings in the country
The Federal Reserve and mortgage rates: keys to understanding their impact on the market... 30-year fixed mortgage rates currently remain above 6%, according to recent market reports
Donald Trump Fires Fed Governor Lisa Cook... Donald Trump fired Lisa Cook, the first African-American woman governor of the Federal Reserve, as he had threatened days ago
How the price of gold has risen during last decades... Gold has tripled in value since 2020. Discover how its price has changed since the 1920s and what events have influenced its global price.
First Hispanic Governor Leaves the Federal Reserve... Federal Reserve Governor Adriana Kugler announced her resignation, opening the opportunity for Trump to name her successor
The price of Bitcoin shoots over $120,000... Experts say the price of the world largest cryptocurrency could exceed $125,000 this year
Trump asks Federal Reserve chairman to resign immediately... Trump demands immediate resignation of Federal Reserve Chairman Jerome Powell
Sensex and Nifty Achieve Record Highs: Six Stocks That Drove the Market Surge... Indian stock markets soared to new heights as Sensex and Nifty achieved their biggest single-day rally of the year. Discover the six superstar stocks that led this remarkable surge.
“U.S. Economy Contracts 0.3% in Q1 2025 Amid Pre-Tariff Import Surge”... The U.S. economy shrank by 0.3% in the first quarter of 2025, marking the first contraction in three years, driven by a surge in imports ahead of new tariffs.
Mark Carney Leads Canada’s Liberal Party to Historic Fourth Term Amid Rising Tensions with U.S.... Mark Carney’s Liberal Party secures a fourth consecutive term in Canada’s 2025 federal election, emphasizing national unity and resilience amid challenges.
Gold Prices Hit Historic High, Cross Rs1 Lakh Per 10 Grams Mark... In a historic development, gold prices in India have surged past Rs1 lakh per 10 grams, reflecting strong global cues and economic uncertainties.
Stock Futures Decline as Markets Brace for Key CPI Data Release... Stock futures edge lower as Treasury yields stabilize ahead of the critical CPI release, with investors eyeing inflation’s impact on future Fed policy moves.
Will Mortgage Rates Drop in the U.S.? What Prospective Homebuyers Should Know... As the Federal Reserve considers rate cuts, prospective U.S. homebuyers are eagerly awaiting potential mortgage rate declines. Here’s what to expect in the coming months.
Historic High Buying by DIIs Supports Market Amid Record Selling by FIIs in October... Historic high buying by Domestic Institutional Investors (DIIs) provides crucial support to the Indian market amidst record selling by Foreign Institutional Investors (FIIs) in October.
RBI Governor Shaktikanta Das Announces Unchanged Rates, Focuses on Inflation and Growth... RBI Governor Shaktikanta Das outlines key monetary policies, focusing on inflation and growth, with SDF and MSF rates unchanged.
U.S. Job Growth Surprises with 254,000 New Jobs Added in September... In September, U.S. employers added 254,000 jobs, significantly exceeding expectations. The unemployment rate also decreased to 4.1%, indicating a strong labor market.
RBI Announces Nationwide Quiz Competition to Celebrate 90th Anniversary... The Reserve Bank of India (RBI) is launching a nationwide quiz competition for undergraduate students as part of its 90th anniversary celebrations. The quiz is aimed at increasing financial awareness
RBI Imposes Monetary Penalty on Three NBFCs for Non-Compliance with Directives... RBI imposes monetary penalty on three NBFCs for non-compliance with its directives. Learn more about the action taken and the reasons behind it.
Cash-Strapped Bangladesh Owes Over $1 Billion to Indian Power Companies... Bangladesh owes over $1 billion to Indian power companies, including $800 million to Adani Power, amid new challenges in energy supply.
RBI Governor Shaktikanta Das Highlights India’s Digitisation Success at Global Conference... During the inaugural address at the Global DPI and Emerging Tech Conference, RBI Governor Shaktikanta Das highlighted India’s successful digitisation strategy. He noted that India’s Digital Public Infrastructure (DPI) has
US Fed Chief Strongly Signals Rate Cut in September, Focus Shifts from Inflation to Unemployment... US Federal Reserve Chair Jerome Powell strongly hints at a potential interest rate cut in September, indicating a shift in focus from inflation concerns to rising unemployment. The decision could
RBI Cancels License of Banaras Mercantile Cooperative Bank in Varanasi... The Reserve Bank of India (RBI) has canceled the license of Banaras Mercantile Cooperative Bank in Varanasi due to deteriorating financial conditions. Depositors to receive up to Rs 5 lakh
RBI to Decide on Repo Rate After Lok Sabha Election Results... Upcoming decision on the repo rate by the RBI after the 18th Lok Sabha election results.
RBI Report: NPA of banks reached its lowest level in last several years, RBI said this on the economy... The Reserve Bank of India has commented positively on the country's economy.
Retail Inflation: Retail inflation declined to 4.87 percent in October, reaching a four-month low... Retail inflation has declined in the month of October and has reached a four-month low of 4.87 percent.
Shaktikanta Das: 'India is ready to become a fast growing major economy', RBI Governor said this on GDP... RBI Governor said geopolitical uncertainty is the biggest risk to global growth.
RBI: RBI took major action against ICICI and Kotak Mahindra Bank, imposed a fine of Rs 16 crore... The Reserve Bank of India has taken action against ICICI and Kotak Mahindra Bank for not following regulatory rules.
Inflation increased to 7.4 percent in July due to vegetable prices, now prices are falling, statement of Shaktikant Das... RBI Governor Shaktikanta Das says inflation rose to more than 7 percent in July due to vegetable prices.
RBI Governor Shaktikanta Das received the honor of world's top banker, PM Modi congratulated... RBI Governor Shaktikanta Das has been honored as the top central banker globally by the US-based magazine 'Global Finance'.
UDGAM Portal: RBI launches portal to find out unclaimed deposits lying in banks, will get this benefit... The Reserve Bank of India on Thursday launched a centralized web portal named UDGAM (Unclaimed Deposits - Gateway to Access Information) to search for unclaimed deposits.
Inflation: Tomato-onion increase the difficulty, economists claim - inflation may come out of RBI's purview again... Retail inflation is likely to reach 6.7 percent in July 2023 with a monthly increase of 1.90 percent, led by higher prices of food articles, led by tomato and onion.
Turkey: President Erdogan visits Gulf countries, seeks financial help for country's ailing economy... The Turkish currency lira has lost more than 29 percent of its value this year and foreign exchange reserves are almost exhausted.
Agree on trade agreement and UPI-IPP linking in their currencies; Important agreement signed in RBI-UAE Central Bank... The Reserve Bank of India and the Central Bank of the United Arab Emirates (UAE) on Saturday signed two MoUs for cooperation in the use of local currencies for cross-border
Go First: The airline needs Rs 425 crore to fly again, claims - waiting for the approval of the lenders... Go First may need more funding depending on the availability of working engines for future flights and certain contingencies like ticket cancellations.
RBI: Government approves Rs 87,416 crore dividend for 2022-23, decision in RBI board meeting... The Reserve Bank of India (RBI) has agreed to pay a dividend of Rs 87,416 crore to the Central Government.
Central bank said in the half-yearly report - the share of gold in foreign exchange reserves increased to 7.81 percent... RBI's gold reserves increased by 34.22 tonnes to reach 794.64 tonnes on an annual basis at the end of March 2023.
Central Bank of India Admit Card 2023: Chief and Senior Manager Recruitment Exam Admit Card released, check this way... Central Bank of India has released the admit card for the recruitment exam for the posts of Chief Manager Scale IV (Mainstream) and Senior Manager Scale III (Mainstream).
Government will release October-December GDP figures today, growth rate may remain up to 5.5 percent in third quarter... Economists say that the central bank has increased the repo rate by 2.50 per cent since May 2022 to control high inflation.
Russia Ukraine War: Russia-Ukraine war completes one year, G-7 increases financial aid to Ukraine to 39 billion dollar... The finance ministers of the G-7 countries on Thursday increased the group's financial aid to Ukraine to $39 billion.
Foreign investors continue to withdraw from the Indian market, have withdrawn 9600 crores so far in February... FPIs had made a net withdrawal of Rs 28,852 crore in January as well.
The price of 'flour' reached the sky in Pakistan, the Central Bank scolded the Sharif government... The data of Pakistan Bureau of Statistics shows that the prices of flour in Karachi have reached a new high of Rs 2,500 per 20 kg as against Rs 2,400
Wholesale Inflation Wholesale inflation reached 21-month low of 5 85 percent in November... WPI inflation stood at 8.39 percent in October and 14.87 percent in November 2021.
India G20 Presidency: Bengaluru ready to host first meeting of G20 Finance Track, agenda to be discussed... Under this, the first meeting of the Deputy Chiefs of G-20 Finance and Central Banks will start in Bengaluru from Tuesday.
World Bank raised India's GDP growth forecast for 2022-23 to 6.9 percent... The World Bank estimates that inflation may remain at 7.1 percent in the current financial year.
RBI Digital Rupee: Digital currency for transactions from today, know its benefits... Regarding digital currency, RBI has said that digital rupee will be distributed through banks.
G-20 India: India ready to assume chairmanship, G-20 logo will be illuminated at 100 places in the country... During this year's chairmanship, India will host 200 meetings in more than 50 cities and nations in 32 different regions.
Retail Inflation: Retail inflation dips to 6.7 percent in October from 7.41 percent in September... Despite the decline, the retail inflation rate is above the RBI's target band of between two to six percent in the month of October.
Raids end everywhere except Shah Brothers, Congress MLA Anoop Singh 21 summoned to Income Tax Office... The raids by the Income Tax Department, which started at 55 places simultaneously on Friday, ended on Saturday night except for the residences of Shah Brothers in Jamshedpur.
These banks took the digital currency of the Reserve Bank hand-in-hand, so many transactions happened on the first day... RBI started testing its digital currency pilot program in India on 1 November.
UK Crisis: Will the crown adorn the head of Rishi Sunak? The turmoil of the economy reversed the chair of the truss... One of the popular leaders of the party, Jeremy Hunt, said that he is not in the race for PM, so only Rishi Sunak's name is coming to the fore.
The new DAKSH app will monitor the work of RBI, the governor told how it will work... RBI Governor Shaktikanta Das has recently launched this app.
RBI Monetary Policy: GDP growth estimated at seven percent, know 15 special things of RBI's monetary policy... The Monetary Policy Committee consisted of three members from RBI and three external members.
5.45 lakh looted in CSP center of Central Bank in Motihari, criminals carried out the incident in broad daylight... A case of robbery of Rs 5.45 lakh has come to light at CSP Center of Central Bank in Motihari.
Patna's drug inspector's property in Bangalore, Noida and Ranchi also, recovered cash 4 crores ... In the investigation so far, the monitoring team has found many such properties, which they have not mentioned in their annual property return.
RBI: Reserve Bank gave this advice to 5 states including Bihar, Punjab under the burden of debt... Punjab, Rajasthan, Bihar, Kerala and West Bengal need to take corrective measures by reducing expenditure on non-essential items.
Retail inflation softens to 7.04 percent in May due to cheaper food items... Inflation in food articles declined to 7.97 percent in May 2022 from 8.31 percent in the previous month.
