Tags » Inflation

Decoded: Why RBI unexpectedly kept rates unchanged amid cash crunch

RBI left its key policy rate unchanged at 6.25 per cent. The decision was largely unexpected by markets but not by BNP Paribas. We were in a small minority expecting unchanged policy rates. 332 more words

Economy Policy

Governments want inflation

It is a bit like Alice in Wonderland: governments want some inflation; not too much but not too little. When there is inflation, debts shrink in real magnitude, and governments are notoriously deeply into debt. 847 more words

CNote looks to upend traditional savings with the help of good timing

Believe it or not, the money you have in your savings account right now is probably losing you money. In today’s economy, inflation outpaces the interest rates that banks pay to encourage saving money — this makes penny pinching less prudent than many might think. 668 more words

TC

Uninterested in Interest Increases

Summary:

In this Wall Street Journal article, Justin Lahart argues that the United States’ Federal Reserve can remain cautious and keep interest rates low when they meet in December. 644 more words

America

Inflation, Dollar, notes: Takeaways from the RBI's Monetary Policy review

Contrary to expectations, the Reserve Bank of India (RBI) has kept the repo rate – the rate at which the banks borrow from the central bank – unchanged at 6.25% while reviewing the Monetary Policy on Wednesday, the first policy since the government’s demonetisation drive in November. 90 more words

DEMONETISATION

Meanwhile On Main Street, Fast-Food Traffic Drops For The First Time In Five Years

By Tyler Durden | Zero Hedge

As the market closes at another all time high, the “recovery”, if only on paper, is again bypassing most Americans and it is starting to hit where it hurts the most. 699 more words

Economic News

Venezuela’s Economic Crisis Is So Bad That Women Are Selling Their Hair

Women from crisis-hit Venezuela are crossing the border in droves and selling their hair in a Colombian border town in order to afford scarce basic necessities such as food, diapers or medicines. 397 more words

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