Reserve Bank of India Holds Key Rates Steady against Hike Predictions

Reserve Bank of India Holds Key Rates Steady against Hike Predictions

ByMike Joel

After six consecutive rate hikes, the Reserve Bank of India (RBI) has caught the markets off guard by deciding to hold its key rates steady. The central bank has stated that it is closely monitoring the impact of recent global financial turbulence, leading to its decision to pause on any further rate hikes for the…

Will the Bank of England Raise Interest Rates? And by What Margin?
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Will the Bank of England Raise Interest Rates? And by What Margin?

ByMike Joel

The Bank of England (BoE) is set to make its latest interest rate decision on Thursday, August 4th. The consensus is that the BoE will avoid raising rates by more than 25 basis points; however, this decision is a very close call. In December, the BoE increased interest rates five times, with three of the…