Tag: rate cuts

Nirmala Sitharaman allays growth dip worries, moots rate cut

November 18, 2024 admin

Union Finance Minister Nirmala Sitharaman addresses the 11th SBI Banking & Economics Conclave 2024 in Mumbai on November 18, 2024. | Photo Credit: ANI Seeking to quell anxieties about a slowdown in the economy, Union Finance Minister Nirmala Sitharaman on Monday asserted that the government was fully aware of domestic and global challenges and there…

Business

Inflation to dog world economy next year, postponing rate cuts

October 28, 2023 admin

High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main risk is that it turns out higher than they forecast, suggesting interest rates will also remain higher for longer. Several central banks are still expected to begin cutting interest rates by the middle of…

Business