Articles for Economy Rate

Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
3 days, 8 hours ago

Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending

Associated Press  

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine. The central bank held open the possibility of an increase at its next meeting and said inflation was expected to fall to an annual 4% next year from its current 9.5%. …

Europe Russia Inflation Bank Central Putin Russian
Shaheen Shah Afridi loses No.1 spot in latest ODI bowling rankings
3 weeks, 5 days ago

Shaheen Shah Afridi loses No.1 spot in latest ODI bowling rankings

India Today  

Shaheen Shah Afridi lost his No.1 spot in the latest ODI rankings for bowlers. The left-armer had become the top-ranked bowler earlier this month when Pakistan toured Australia for a three-match ODI series. In 108 ODIs, Rashid has taken 195 wickets at an economy rate of 4.19 with six four-wicket hauls and five five-wicket hauls to show for his efforts. …

Pakistan Odi Rashid Wickets Shah Afridi Rashid Khan Economy Rate
From Brett Lee to Spencer Johnson: KKR's love for explosive Australian pacers in IPL
3 weeks, 6 days ago

From Brett Lee to Spencer Johnson: KKR's love for explosive Australian pacers in IPL

India Today  

After letting go off Mitchell Starc, who terrorised the Sunrisers Hyderabad in the Qualifier 1 and Final of the last season of the Indian Premier League, Kolkata Knight Riders lacked a genuine pacer in their ranks. IPL 2025 Auction Day 2 Highlights After Lee, the Knights had as many as six Aussie pacers in their team, including Pat Cummins, John …

Ipl Johnson Rate Knights Wickets Lee Spencer
Fed’s Powell: Rate cuts are still underway, but there’s no hurry
1 month, 1 week ago

Fed’s Powell: Rate cuts are still underway, but there’s no hurry

CNN  

Washington CNN — Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months. Powell said in a moderated discussion that Fed economists may begin to assess Trump’s plans and how they could affect the economy more seriously as early as …

Economy Inflation Trump Fed Rate Rates Powell
Trump enters just as the Fed is shifting its focus
1 month, 2 weeks ago

Trump enters just as the Fed is shifting its focus

Live Mint  

With its second consecutive interest-rate cut this year, the Federal Reserve is attempting to boost the odds of a soft landing. Alternatively, any resurgence in inflation could force the Fed to stop cutting rates, raising the odds that the economy faces a hard landing later in Trump’s term. Due in part to the Fed cutting rates with a solid economy, …

Economy Inflation Trump Landing Fed Rate Cut
The US Federal Reserve must do two things right now
1 month, 2 weeks ago

The US Federal Reserve must do two things right now

Live Mint  

As US Federal Reserve officials deliberate monetary policy, they may wish to recall what happened when policymakers in past decades became overconfident in using demand management measures to ‘fine tune’ the economy. Its obsession with data dependency has seen it over-react to noisy historical data, lacking the more strategic forward-looking approach needed when using policy tools that operate with ‘long …

Economy Fed Rate Cut Ust Lesson Policy
Keep eye on global interest rate cuts for market moves
3 months, 1 week ago

Keep eye on global interest rate cuts for market moves

New Indian Express  

Indian markets are hitting new highs and defying the ‘September effect’, considered the worst month for global stock markets. The sharp rally driven by banking, IT and auto stocks gained strength from a host of factors including interest rate cuts in the US, China and Europe. A bigger cut would confirm the worst fears of a hard landing for the …

Europe China Global Markets Fed Rate Cut Rate Cuts
US hiring and wage growth picked up last month in sign of sustained economic health
6 months, 2 weeks ago

US hiring and wage growth picked up last month in sign of sustained economic health

Associated Press  

WASHINGTON — America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates. Last month’s sizable job gain suggests that the economy is still growing steadily, propelled by consumer spending on travel, entertainment and other services. Economists say the …

Economy Job Inflation Jobs Workers Hiring Report
Virat Kohli's 708, Jasprit Bumrah on point, and RCB's resurgence: 10 interesting numbers from IPL 2024 league stage
7 months ago

Virat Kohli's 708, Jasprit Bumrah on point, and RCB's resurgence: 10 interesting numbers from IPL 2024 league stage

Hindustan Times  

It has been a fascinating 17th season and as the group stage comes to an end, we look at 10 numbers which have defined the first 70 matches of IPL 2024 – from Virat Kohli’s aggregate of 708 runs to Jasprit Bumrah’s 20 wickets, from the domination of SRH and KKR in the powerplay to RCB’s late resurgence, from MI’s …

Virat Kohli Team Matches Runs Tournament Ipl Season
India is fastest-growing major economy: Murmu
10 months, 3 weeks ago

India is fastest-growing major economy: Murmu

The Hindu  

President Droupadi Murmu, in her maiden address to MPs of both the Houses from the new Parliament building on Wednesday, listed the achievements of the Prime Minister Narendra Modi-led government in the last ten years. Ms. Murmu said that for her government the vision of developed India is not limited to economic prosperity alone, and equal importance is being given …

India Crore Centre Murmu
Growth mania can be injurious to society
10 months, 3 weeks ago

Growth mania can be injurious to society

The Hindu  

The nation’s media, present in full force at the annual conference of the World Economic Forum, dutifully relayed back to India sound bytes uttered by the allies of the world’s giant corporations. Rural wage rates A simple exercise would cast light on how unequal recent growth in India has been. Even for the section of the rural workforce for which …

India Economy Growth Data Economic Income Real
China’s economy expanded 5.2% last year, hitting the government’s target despite an uneven recovery
11 months ago

China’s economy expanded 5.2% last year, hitting the government’s target despite an uneven recovery

Associated Press  

HONG KONG — China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven. Officials from China’s National Bureau of Statistics said that measures including “strengthened macro regulation, and redoubled efforts to expand domestic demand, …

Economy Growth China Economic Recovery Chinese Rate
US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength
11 months, 2 weeks ago

US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength

Associated Press  

WASHINGTON — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates. Asked why many Americans remain dissatisfied by the economy, Acting Labor Secretary Julie Su said Friday that “part of the unfortunate reality is we live in polarized times.’’ Many …

Economy Labor Job Inflation Jobs Workers Report
Bank of England holds interest rates at a 15-year high despite worries about the economy
1 year ago

Bank of England holds interest rates at a 15-year high despite worries about the economy

Associated Press  

LONDON — The Bank of England kept borrowing rates unchanged Thursday despite mounting worries over the state of the British economy, and it showed little sign that it is contemplating cutting them anytime soon — unlike the U.S. Federal Reserve. The central bank left its main interest rate at a 15-year high of 5.25%, where it has stood since August …

England British Bank Interest High Rate Rates
Europe’s inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
1 year, 1 month ago

Europe’s inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished

Associated Press  

FRANKFURT, Germany — The inflation that has been wearing on European consumers fell sharply to 2.9% in October, its lowest in more than two years as fuel prices fell and rapid interest rate hikes from the European Central Bank took hold. The lower inflation figure follows a rapid series of interest rate hikes by the European Central Bank. The future …

Economy Europe Inflation Prices Fuel Prices
Europe inflation slips to 5.5% — but that won’t stop central bank rate hikes
1 year, 5 months ago

Europe inflation slips to 5.5% — but that won’t stop central bank rate hikes

Associated Press  

FRANKFURT, Germany — Inflation in Europe slid again in June but fell too slowly to offer much relief to shoppers grumbling over price tags or to stop more interest rate hikes that will raise the cost of borrowing across the economy. While that is a big drop from the peak of 10.6% in October, persistently high prices in the U.S., …

Economy Bank Prices Price Rate Ecb Lagarde
Fed Officials Mull Skipping Interest-Rate Hike in June to Evaluate US Economy
1 year, 6 months ago

Fed Officials Mull Skipping Interest-Rate Hike in June to Evaluate US Economy

News 18  

Two senior Federal Reserve officials indicated Wednesday that they may support skipping an interest-rate hike in June to give the Fed more time to assess the health of the US economy. “Skipping a rate hike at a coming meeting would allow the Committee to see more data before making decisions about the extent of additional policy firming,” Fed governor Philip …

Jefferson Hike Fed Rate Isi Fomc Us Economy
Inflation measure closely tracked by US Fed rose in April
1 year, 6 months ago

Inflation measure closely tracked by US Fed rose in April

Al Jazeera  

A key index of United States prices ticked higher in April, and consumer spending rebounded, a sign that inflationary pressures in the economy remain high. The index, which is called personal consumption expenditures price index and is closely monitored by the Federal Reserve, showed that prices rose 0.4 percent from March to April. But a vocal group among the Fed’s …

Economy Inflation Prices Index Fed Rate Fed Officials
European Central Bank hikes rates by a quarter-percentage point
1 year, 7 months ago

European Central Bank hikes rates by a quarter-percentage point

CNN  

London CNN — The European Central Bank raised interest rates by a quarter of a percentage point Thursday, the smallest increase since it started hiking in July, after data this week showed core inflation cooling and banks pulling back sharply on lending. “We have more ground to cover and we are not pausing,” she told reporters later on Thursday, adding …

Inflation Bank Interest Rates Fed Rate Euro Ubs
How will we know if the US economy is in a recession?
1 year, 7 months ago

How will we know if the US economy is in a recession?

Associated Press  

WASHINGTON — The government’s report Thursday that the economy grew at a 1.1% annual rate last quarter signaled that one of the most-anticipated recessions in recent U.S. history has yet to arrive. The economy’s direction has confounded the Fed’s policymakers and many private economists ever since growth screeched to a halt in March 2020, when COVID-19 struck and 22 million …

Economy Inflation Unemployment Treasury Spending Fed Rate
India on Cusp of Returning to High Growth Trajectory, Will Become World’s Third Largest Economy by 2027-28: Economist
1 year, 10 months ago

India on Cusp of Returning to High Growth Trajectory, Will Become World’s Third Largest Economy by 2027-28: Economist

News 18  

Eminent economist Arvind Panagariya has said India is on the cusp of returning to a high growth trajectory and voiced confidence that the country will become the world’s third-largest economy by 2027-28. A day before Finance Minister Nirmala Sitharaman presented the Union Budget on Wednesday, the Economic Survey tabled in Parliament pegged India’s GDP growth at 6.5 per cent in …

Finance India Economy Tax Budget Pti Rate
Umran Malik breaks his own record to bowl fastest delivery in international cricket for India
1 year, 11 months ago

Umran Malik breaks his own record to bowl fastest delivery in international cricket for India

India TV News  

Umran Malik, India's young fast bowler on Tuesday broke his own record to deliver the fastest international delivery for India. Umran's record Earlier, Umran surpassed Jasprit Bumrah to bowl the fastest delivery in international cricket by bowling at a speed of 155 kmph in the first T20I against Sri Lanka. In the 14th over of the match Umran's speed was …

India Sri Lanka International Cricket Ball Odi Lanka Wickets
Vijay Hazare Trophy 2022-23: Six players who stood out with bat and ball
2 years ago

Vijay Hazare Trophy 2022-23: Six players who stood out with bat and ball

The Hindu  

Saurashtra regained the Vijay Hazare Trophy after 15 years, while Maharashtra made it to its maiden final. Chirag Jani, Saurashtra Matches: 10, Runs: 123, HS: 52*, 100s/50s: 0/1, Average: 30.75, Strike Rate: 92.48. N. Jagadeesan, Tamil Nadu Matches: 8, Runs: 830, HS: 277, 100s/50s: 5/0, Average: 138.33, Strike Rate: 125.37. Riyan Parag, Assam Matches: 9, Runs: 552, HS: 174, 100s/50s: …

Karnataka Tamil Nadu Ranji Trophy Maharashtra Runs Ipl Average
U.S. Labor Market Continues To Defy Skeptics
2 years ago

U.S. Labor Market Continues To Defy Skeptics

Huff Post  

LOADING ERROR LOADING WASHINGTON — The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. All year, as inflation has surged and the Fed has imposed ever-higher borrowing rates, America’s labor market has defied skeptics, adding hundreds of thousands …

Economy Job Inflation Jobs Hiring Fed Rate