A separate report showed the U.S. initial jobless claims were 211,000 for the week ended April 6, compared with a forecast for 215,000 claims
Euro zone inflation fell in February to 2.6%, but underlying price growth remained stubbornly high, with prices for food, alcohol and tobacco up 4.0% year-on-year and for services 3.9% higher.
Stock market highlights on February 14, 2024: Indian benchmarks Sensex and Nifty defied global market selloff, which came as US reported a hotter-than-expected rise in January retail inflation
She cautioned to expect the unexpected in the wake of the COVID-19 pandemic and said a prolonged war between Israel and Hamas would impact global economies
The Fed repricing has followed Friday's blockbuster U.S. jobs report that far exceeded market expectations and sent U.S. bond yields soaring, boosting the country's currency
The proceeds from the issue will be used for interest payment of existing borrowings, further lending, business operations and expansion plans
After racing ahead with the most aggressive tightening campaign in decades during 2022, 2023, central banks around the world poised to begin easing monetary policy as inflation continues to retreat
'Central banks are looking forward to a victory lap as inflation tracks back to target with only a modest blow to growth'
Yellow metal to maintain its impressive run in 2024 on the back of triggers such as the moderation in US economic growth, expectation of rate cuts this year and continued buying from central banks
Germany's 2-year bond yield, which is sensitive to interest rate expectations, was down 1 bp at 2.40%, its lowest since March
Cryptocurrency news: The outlook for 2024 continues to remain positive, mainly on the back of Bitcoin ETFs
Policymakers from fully half of the Group of 10 jurisdictions of most-traded currencies are scheduled to meet in the coming days, and interest rates for 60% of the world economy will be set
raders are now betting that there is around an 85% chance that the ECB cuts interest rates at the March meeting, with almost 150 basis points worth of cuts priced by the end of next year
The ECB last week hinted at a steady policy ahead, while pushing back on expectations for rate cuts any time soon
Market sentiment is starting to shift as rising commodity prices keep the policymakers from letting their guard down on inflation
In India, under the assumption of normal monsoons, the rating agency expected the headline consumer inflation to soften to 5.0 per cent in fiscal 2024 (FY24) from 6.7 per cent in FY23
Addressing the broader economy, Hildebrand said he saw no scenario in which interest-rate cuts would happen this year
RBI projection on GDP growth optimistic, say analysts
But if rate cuts begin and layoffs are limited, the housing market could repeat FY23's performance
The current surge in prices of yellow metal, sparked by the banking crisis, may be followed by a period of volatility