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Gold Silver Reports (GSR) – CNBC’s Steve Liesman reports on the Federal Reserve’s decision to raise rates by 25 basis points.
The move pushes the funds rate target to 1.75 percent to 2 percent. The rate is closely tied to consumer debt, particularly credit cards, home equity lines of credit and other adjustable-rate instruments.
Gold Silver Reports (GSR) – Powell Lauds Economy as Fed Nudges Up Interest-Rate Hike Path — Federal Reserve officials raised interest rates for the second time this year and upgraded their forecast to four total increases in 2018, as unemployment falls and inflation overshoots their target faster than previously projected.
Gold Silver Reports (GSR) – India Likely to Meet Fiscal Deficit Target of 3.3%: Moody’s — Rating agency Moody’s said on Thursday that it expects India to meet its fiscal deficit target of 3.3% of GDP for FY19, on the back of commitment to fiscal consolidation and attainable budgetary targets.
MPC HIKES REPO RATE BY 25 BASIS POINTS TO 6.25 – RBI Monetary Policy Prediction Today Rocking
GOLD SILVER REPORTS PAR SABSE PHELE FORECAST KIYA KI REPO RATE HIKE HOGA RBI Monetary Policy Prediction Today Rocking
Gold Silver Reports (GSR) – RBI Monetary Policy Prediction Today: Indian Stock Market would open flat with negative bias. Technically, Nifty also entered into negative zone. BankNifty is still in negative zone. Now, today RBI Policy would be disclosed and it would affect Indian Stock Market direction. Street expect Rate hike this time.
Gold Silver Reports (GSR) – RBI Monetary Policy Day Guide June 6, 2018 INDIA — Policy action: Even as the market expects status quo, there are three likely scenarios that can emerge from today’s policy. First RBI could maintain a pause in policy rate with change in stance from neutral to hawkish, signalling that more rate hikes are imminent. The second scenario is when the RBI could hike the policy rates, and lastly a rate hike followed by a hawkish stance.