The last time the MPC had increased rates to 6.5% was in February 2023. Taking various factors into consideration the MPC has projected real GDP growth for 2024-25 to 7.2%. This number remains ...

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 ...

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.

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.

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says. By Jeff Sommer Jeff Sommer writes ...

“Those colored pigments are like a sunscreen for leaf tissue while the plants are retrieving nutrients from the leaf tissue,” says Yingying Xie, a plant ecologist at Northern Kentucky University.

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 ...

The State Bank of Vietnam is open to continue cutting policy rates to support growth following the destruction caused by Super Typhoon Yagi. The central bank may assess policy rates in the future ...

In recent weeks, policymakers have suggested that rate cuts could be more aggressive as inflation has slowed significantly and economic growth has been lackluster. Last month, the U.S. Federal ...

The economy would need to achieve an average annual growth rate of 3.2%, which is more than twice the currently projected average of 1.4%, by 2026.” ...