economic expansion News

RBI Forecasts: Credit Growth Potential to Surpass Economic Expansion

The RBI reports that India's bank credit has the potential to grow faster than the economy, supported by a low credit-to-GDP ratio. With a 2022 ratio of 90.1%, below global average...

Federal Reserve Cuts Key Interest Rate by 25 Basis Points Amid Economic Uncertainty

The Federal Reserve cuts the federal funds rate by 25 basis points to 4.25%-4.50%, citing economic expansion and progress towards inflation targets, while acknowledging employment ...

ECB's Schnabel Warns Against Overreacting in Monetary Policy

ECB Executive Board member Isabel Schnabel stresses the importance of a cautious approach to monetary policy, arguing against overreacting despite nearing neutral interest rates an...