The Hindu7d
RBI maintains status quo on interest rates
The Reserve Bank of India (RBI) on Wednesday maintained its benchmark interest rate at 6.50% for the tenth ... while supporting growth. “The MPC noted that currently the macroeconomic parameters ...
Investopedia15d
Real Economic Growth Rate: Definition, Calculation, and Uses
Investopedia / Michela Buttignol The real economic growth rate, or real GDP growth rate, measures economic growth, as expressed by gross domestic product (GDP), from one period to another ...
New York Post17d
Mortgage rates jump, slamming homebuyers despite Fed’s outsize interest rate cuts
Mortgage rates have jumped higher in recent weeks — an ugly surprise for would-be homebuyers who were hoping the Federal Reserve’s outsize rate cuts last month would provide relief.
The Hindu18d
'India's growth rate among the shiniest parts of the world economy': Ajay Banga
India’s growth rate is among the shiniest parts of the world economy, World Bank president Ajay Banga said on Thursday (October 17, 2024), noting that a lot of this is driven by the domestic market.
Wall Street Journal18d
Chinese Growth Comes in Cooler as Investors Pin Hopes on Stimulus
a deceleration that highlights the urgency of Beijing’s recent pivot toward greater support for growth after months of hesitancy. Investors’ initial euphoria over Beijing’s weekslong barrage ...
Associated Press18d
China’s economy grows at a 4.6% rate in the last quarter, falls short of the official 5% target
Copyright 2024 The Associated Press. All Rights Reserved. A vendor makes flaming marshmallow ice cream at a food stall in Beijing, Friday, Oct. 18, 2024. (AP Photo/Ng ...
Business Insider18d
China just triggered more stimulus measures, even as it says its economy is showing 'stable growth'
China on Friday released third-quarter growth data that was its slowest in ... PBOC's governor also signaled more interest rate cuts at a financial forum on Friday. The central bank's ...
U.S. News & World Report18d
Putin Says BRICS, Not the West, Will Drive Global Economic Growth
Putin Says BRICS, Not the West, Will Drive Global Economic Growth By Gleb Bryanski and Vladimir Soldatkin MOSCOW (Reuters) -The BRICS group will generate most of the global economic growth in the ...
The New York Times18d
China’s Lackluster Growth Continues, Signaling Why Beijing Acted on Economy
When projected out for the entire year, the economy grew at an annual rate of about 3.6 percent in the third quarter. But the growth in part reflected an official revision that showed the second ...
Mises Institute18d
Money-Supply Growth Hit a 23-Month High, and the Fed Wants More
The days of slowing and falling money supply growth rates are over. Money-supply growth accelerated, year over year, in August by the largest amount in 23 months, and August was the third month in ...
Associated Press18d
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks
is shown on March 29, 2024. (AP Photo/Gene J. Puskar, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] The average rate on a 30-year mortgage in the U.S. rose for the third ...
Wall Street Journal19d
ECB Accelerates Rate Cuts to Counteract Flagging Growth
The ECB said it would reduce its key interest rate to 3.25% from 3.5%. That widens a gap in benchmark borrowing costs with the Federal Reserve. The ECB is now more worried about supporting growth ...