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Fed leaves rates unchanged but says US economy improving

The Federal Reserve on Wednesday left key interest rates untouched but acknowledged improved economic performance, suggesting a rate increase may be on the horizon in 2016.

Policy makers had not been expected to raise rates, out of concern that a hike could stifle fragile growth. 

Need mix of fiscal, monetary policies to deal with Brexit: FM Jaitley

Need mix of fiscal, monetary policies to deal with Brexit: FM Jaitley

India has underlined the need for a judicious mix of fiscal, monetary and structural policies by major economies to deal with the heightened uncertainty on account of Brexit.

Show me how inflation is low: Raghuram Rajan on 'dialogues' by critics

Show me how inflation is low: Raghuram Rajan on 'dialogues' by critics

Taking his critics head-on, Rajan has challenged them to show how inflation is "very low" before accusing him of "being behind the curve" in his focus on containing price rise than on growth and debunked such criticism as mere 'dialogues'.

RBI may stand pat for now, cut rates in October-December: Report

RBI may stand pat for now, cut rates in October-December: Report

Reserve Bank is likely to stay away from any repo rate cut in its August policy review meet but may ease key rates by 25 basis points in October-December quarter, says a report.

'UK to face inflation, recession risks due to Brexit'

'UK to face inflation, recession risks due to Brexit'

Britain will face two key challenges, inflation and recession, after Britons voted to leave the European Union, or Brexit, European Central Bank Governing Council member Francois Villeroy de Galhau said on Sunday.

New RBI Governor should continue Rajan's inflation fight: DBS

New RBI Governor should continue Rajan's inflation fight: DBS

Amid intense speculation over the successor of Reserve Bank of India (RBI) Governor Raghuram Rajan, Singaporean brokerage DBS on Friday said markets perceive the central bank as a credible and independent body, and would like to see the new head to continue with focus on inflation over growth.

India initiates process to set up monetary policy committee

India initiates process to set up monetary policy committee

The government on Monday kicked off the process of setting up a new monetary policy committee after it notified key amendments to a law governing the Reserve Bank of India.

Monetary committee rules to be notified in few weeks: Economic Affairs Secretary

Monetary committee rules to be notified in few weeks: Economic Affairs Secretary

Moving ahead with the operationalisation of the interest rate setting monetary policy committee, the Finance Ministry has said it will notify the rules "within few weeks" and thereafter appoint three government nominees.

RBI simplifies registration process for new NBFCs

RBI simplifies registration process for new NBFCs

The Reserve Bank on Friday simplified the process of registration of new NBFCS by reducing the application form and the checklist of documents from the existing set of 45 documents to about eight.

Dollar edges higher vs euro as central banks weigh policy

The dollar pushed higher on the euro and the yen was stronger.

Raghuram Rajan questions feasibility of 'helicopter money' policy

Raghuram Rajan questions feasibility of 'helicopter money' policy

'Helicopter drop of money' is used as a metaphor for an unconventional monetary policy tool that typically involves central banks printing large sums of money and distributing it directly to the public or investing in public projects.

Small Savings Shocker! Rates may be slashed again

Small Savings Shocker! Rates may be slashed again

Interest rates on these schemes may be slashed again in the coming few quarters with yileds on the government bonds coming down

Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Move towards 4% inflation to contain rupee volatility: Raghuram Rajan

Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan today said a move towards an inflation target of 4 per cent will help contain the currency market volatility

Health of banks needs to be improved: Raghuram Rajan

The Reserve Bank of India Governor Raghuram Rajan said on Thursday that the health of the country`s lenders needed to be improved, adding the central bank was taking steps in that direction

Monetary Policy Review: By How Much Will RBI Oblige?

Monetary Policy Review: By How Much Will RBI Oblige?

Will the Reserve Bank of India slash the repo rate?

FM Jaitley pitches for interest rate cut ahead of RBI policy

FM Jaitley pitches for interest rate cut ahead of RBI policy

The finance minister also stressed that the debate on crucial economic issues, like interest rates, should move in the right direction in India, which is a "large and noisy democracy".

Rajan for guidelines by nations on monetary policy behaviour

Rajan for guidelines by nations on monetary policy behaviour

There should be guidelines for responsible monetary policy behaviour globally as aggressive actions by one nation can lead to significant adverse cross- border spillovers on others, RBI Governor Raghuram Rajan has suggested.

Raghuram Rajan for new global pact to deal with monetary policy issues

Raghuram Rajan for new global pact to deal with monetary policy issues

RBI Governor Raghuram Rajan Monday said the world is facing "increasingly dangerous situation" and a new international agreement on the lines of Bretton Woods is needed to prevent central banks from adopting policies that could hurt other economies.

Banks ask RBI to leave government's surplus cash with them to maintain liquidity in money market

Banks ask RBI to leave government's surplus cash with them to maintain liquidity in money market

lenders have asked the Reserve Bank of India (RBI) to leave surplus cash of the government with them so as to prevent a situation where money market is devoid of ample liquidity

ECB plays down effects of negative interest rates on banks

The European Central Bank on Wednesday sought to counter claims by eurozone banks that negative interest rates are hurting their profitability.