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Banking

RBI Begins Rate Meeting With a Hike in Focus as Inflation, Costly Crude and a Weak Rupee Weigh on Policy

Rohan Kumar
India’s central bank has opened a closely watched policy meeting with the possibility of an interest-rate increase firmly on the table, as rising inflation, expensive...
BankingLifestyle

US Mortgage Rates Climb Above 7% as Treasury Yields Surge, Squeezing Homebuyers

Rohan Kumar
For millions of would-be homebuyers, the most important number in the American economy this autumn has crossed a psychological line. The average rate on a...
BankingLifestyle

Reserve Bank of Australia Lifts Cash Rate to 4.60%, Its Fourth Rise This Year

Rohan Kumar
Australian borrowers are facing another rise in the cost of a home loan after the Reserve Bank of Australia lifted its cash rate to 4.60%,...