Rate Pause News Today

The third consecutive pause since October leaves the ECBs benchmark deposit rate at a record high of four percent

This is the longest that India’s repo rate has been held constant in the last decade and a half, barring the two-year pandemic hiatus. The crisis is over, but the situation is far from normal.

The October consumer price index (CPI) came at a four-month low of 4.87 percent against 5.02 percent the previous month.

Ed Yardeni discusses the expectations of potential rate cuts, recent market performance, and the resilience of the US economy during a conversation with Moneycontrol

Shaktikanta Das to announce RBI MPC outcome, repo rate expectations in Top News on October 6: Share markets, Bank Nifty outlook, analysts on crude oil, petrol price, ED’s summons to Ranbir Kapoor in Mahadev app case, Committed Cargo Care IPO to open for subscription also in focus in top stories today.

​​Spot gold was steady at $1,910.85 per ounce by 0100 GMT. Bullion was on track for a weekly decline of 0.4% after having touched its lowest level since Aug. 23 on Thursday. U.S. gold futures were down 0.1% at $1,932.60.

Retail sales rose more than expected in August on higher gasoline prices, while initial claims for state unemployment benefits climbed to a seasonally adjusted 220,000 for the week ended Sept. 9 from 217,000 the week before.

MARKET WRAPS Watch For: ISM Report on Business Manufacturing PMI; Construction Spending; Canada Manufacturing PMI; earnings from Caterpillar, Merck, Pfizer, Starbucks, Uber Todays...

Stay updated with the latest financial market news, including the falling dollar, rising jobless claims, inflation data, and upcoming interest rate decisions.