RBI MPC 2024: Can the Indian central bank precede US Fed in cutting rates?
RBI's Monetary Policy Committee (MPC) meeting is expected to keep the key policy rate unchanged for the sixth consecutive time
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RBI's Monetary Policy Committee (MPC) meeting is expected to keep the key policy rate unchanged for the sixth consecutive time
US stocks fell on Monday after Federal Reserve Chair Jerome Powell said on Sunday that the central bank is not ready to cut interest rates yet, a media report said.
Property deals in Hong Kong surged in January to their highest since August on stepped-up buying amid expectations of stable interest rates and hopes that a government residency scheme will draw more investments into the sector.
Gold prices on Friday were set for their best week in seven, as the dollar and Treasury yields retreated, while traders awaited key U.S. jobs numbers due later in the day to gauge timing on when the Federal Reserve could start cutting interest rates.
KUALA LUMPUR: The ringgit ended the week firmer against the US dollar, closing higher on Friday as the greenback retreated amid risk-on sentiment ahead of the United States (US) nonfarm payroll data due later today, an economist said.