by finance_admin | November 26, 2024 | Economy, News
The Indian rupee rose to its strongest level in over two weeks on November 25, boosted by gains in regional peers and likely dollar inflows on account of the rebalancing of MSCI’s equity indexes. It is headed for its biggest gain since June, following a rally in...
by finance_admin | November 26, 2024 | Economy
U.S. President-elect Donald Trump announced plans to impose significant tariffs on goods from Mexico, Canada, and China starting January 20, the first day of his new administration. The proposed tariffs aim to address illegal immigration and drug trafficking,...
by finance_admin | November 25, 2024 | Banking, Economy
Michael Bolliger, CIO Global Emerging Markets, UBS Global Wealth Management, confirmed that the UAE’s non-oil economy is expected to grow by 4.7% in 2024, indicating that the UAE’s diversification and fiscal surpluses show a great ability to adapt to any...
by finance_admin | November 14, 2024 | Economy
India’s Reserve Bank of India (RBI) Governor, Shaktikanta Das, cautioned that while global central banks have skillfully guided economies through recent shocks, risks of inflation re-emerging and economic growth slowing remain prevalent. Speaking at CNBC-TV18’s Global...
by finance_admin | November 13, 2024 | Economy
The latest inflation report has brought no surprises, showing consumer prices rose in October as predicted, reinforcing the Federal Reserve’s trajectory towards a potential interest rate cut in December. The Bureau of Labor Statistics released the October Consumer...
by finance_admin | November 9, 2024 | Economy
Federal Reserve Bank of Minneapolis President Neel Kashkari has suggested that a stronger U.S. economy and increased productivity growth might prompt the Fed to cut interest rates less aggressively than previously anticipated. In his first public comments following...
