Thursday 28 March 2024
 
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rate rise

India cbank raises rates, signals tightening pause

India's central bank raised interest rates for the sixth time this year on Tuesday to tame stubbornly high inflation but said there was little chance of another increase near term.   The Reserve Bank of India (RBI) raised its le

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Big three cbanks tone down rate hike threats

The US Federal Reserve, European Central Bank and Bank of England on Tuesday all dampened expectations for aggressive interest rate rises to counter rising inflation, sending global stocks and bonds surging in relief. The initial salvo cam

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