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The risks of another global recession are rising and central banks can't do much

Economists across the globe say central banks can no longer be sole saviours the next time a downturn hits.

Federal Reserve likely to leave rates steady, despite market outlook and Trump demands

The central bank may nod to recent weaker-than-expected jobs numbers and softer inflation, and drop from its policy statement a pledge to be "patient" before changing rates - opening the door to a possible rate reduction later.

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Govt hikes GPF interest rate to 8% for Oct-Dec quarter

The interest rate would apply on Provident Funds of central government employees, railways and defence forces.

After 30 months, rates up on small savings; PPF, NSC to now fetch 8%

The interest offering on 5-year senior citizen savings scheme will be 8.7 per cent as against 8.3 per cent for the quarter ending September 2018.

In fact: The development of the Indian debt recast mechanism

In 2002, as interest rates started sliding and there were early signs of a rebound in growth at a time when the global economy was yet to recover, the Budget division of the Finance Ministry started analysing the government’s expenditure trends for potential cuts and savings. They noticed that, unsurprisingly, close to half the government’s […]

Marginal cost of funds based rates: Banks adopt new norm, lending rates likely to come down

10 bps decline in home and term loan rates likely

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Small savings rates revision soon, says Economic Affairs Secretary Das

Interest rates on small savings scheme, which are linked to government securities’ interest rates, will be reviewed quarterly starting April 1, as opposed to yearly readjustment at present, Das said.

US Federal Reserve raises rates by 25 bps signalling economic recovery

The Fed's move to lift its key rate by a quarter-point to a range of 0.25 percent to 0.5 percent ends an extraordinary seven-year period of near-zero rates.

Forget Inflation Targeting

It has only managed to kill manufacturing and employment growth

UBI lowers base rate, others wait for SBI

United Bank of India has lowered its base rate to 10% from 10.25%.

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