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RBI to hike rates starting early 2022, take more steps towards policy normalization: Analysts

The view from analysts came even as inflation cooled down to 5.6 per cent for July, after two months of breaching the upper end of the RBI s tolerance band of 6 per cent. ....

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Detailed text transcripts for TV channel - MSNBC - 20210610:13:55:00

They re going to need to look at other things like immune levels. do they get the same immune levels in children. dr. richard besser, morgan chesky, thank you both for joining us. we re going to leave it there because developing now, fbi director christopher wray will testify before the house judiciary committee in just moments on oversight of the fbi. that is happening as former president trumps says a new repo by the interior department s inspector general, he says, completely and totally exonerates him in last june s forcible removal of protesters from washington s lafayette square park. you will remember peaceful crowds gathered to protest racial injustice when national guard members aggressively cleared them from the park with actual tear gas. former president trump made his way across the park to the historic st. john s church where he held up a bible in front of photographers. i want to go to ken for the details. what is this all about ....

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U.S. Fed's reverse repo volume surges to record half a trillion dollars


2 Min Read
FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won
NEW YORK (Reuters) -The Federal Reserve’s reverse repurchase window on Wednesday took in $503 billion in cash, hitting a record peak for a third consecutive session, as financial institutions flush with liquidity flocked to the Fed facility to park their cash and secure Treasury collateral.
The U.S. Treasury has targeted a $450 billion cash balance by the end of July, the debt ceiling deadline. To get there, the Treasury needs to spend its cash, which usually ends up on bank balance sheets, often in the form of money market funds. ....

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