Trump Decries Fed Rate Cut as ‘Political Move’ That Won’t Work
Republican presidential candidate Donald Trump said the Federal Reserve’s decision to lower its benchmark interest rate by a ...
Pension scheme for children, mixed media art: Top personal finance stories
The government has launched NPS Vatsalya, a scheme that aims to promote retirement savings from an early age. While this is a ...
World Street | S&P 500 at record high, China, BoE keep interest rates steady, and more
Some of the top global developments include US markets ending higher overnight after Fed's 50 bps rate cut booster, followed ...
Why US Fed cut interest rates, how India could be impacted
A cut in interest rate typically incentivises economic activity, promotes growth, and increases job creation by making it cheaper for people to borrow money. Conversely, a hike in interest rates or ...