Key Points
New York [US], March 30 (ANI): The US Federal Reserve on Friday indicated that it was not in any hurry to cut interest rates...
In his address at an event hosted by the San Francisco Fed on Friday, US Fed Chair Jerome Powell said We dont need to be in a hurry to cut...
Powell further added that strong employment data is buying the central bank more time to wait until inflation gets closer to 2 per cent, reported CNN...
On Friday CNN had reported that the Federal Reserves preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5 per cent for the 12 months that ended in February, a faster pace than Januarys 2.4 per cent rise in prices...
Meanwhile in India, the RBI Monetary Policy Committee (MPC) is set to kick start its three-day meeting deliberating interest rates and analysing the state of the economy on April 3 and will end on April 5...
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