US Federal Reserve cuts rate by 25 bps: Jerome Powell-led FOMC says economic outlook uncertainty elevated; December cut ‘not a foregone conclusion’

US Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) on Wednesday cut the key benchmark rate by 25 basis points, bringing it down to the 3.75-4.00 per cent range. According to the FOMC statement, “uncertainty about the economic outlook remains elevated.”“Available indicators suggest that economic activity has been expanding at a moderate pace. … Read more

U.S. Federal Reserve cuts interest rate by 0.25 points

The Federal Reserve cut its key interest rate by a quarter point Wednesday (September 17, 2025) and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labour market. The move is the Fed’s first cut since December and lowered its short-term rate … Read more

RBI keeps rates on hold, cuts inflation estimate for FY26

The six-member Monetary Policy Committee (MPC) at its 56th meeting voted unanimously to keep the policy repo rate unchanged at 5.5% and retained its neutral stance even as it maintained growth forecast for FY26 at 6.5% and lowered inflation projection to 3.1% from its earlier estimate of 3.7%. RBI governor Sanjay Malhotra said the decision … Read more

RBI’s policy rate cut to boost growth as inflation eases: BoB report

The decision of the Reserve Bank of India (RBI) to slash the policy rate will boost growth amidst easing price pressures and infuse liquidity along with supporting credit flow, said a report by Bank of Baroda. The BoB report added that the RBI’s surprise 50 basis-point rate cut, along with a phased 100 basis-point reduction … Read more

Four public sector banks cut lending rates after RBI move

Banks led by public sector lenders have started revising their lending rates following the RBI’s 50 basis point repo rate cut. However, for a change, old borrowers may benefit more than new ones, as banks are likely to tweak the spreads on home loans, which were already competitive in the quest for market share.Bank of … Read more

Appropriate time for a rate cut: RBI governor in policy meet

RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and capital … Read more

New RBI Governor Sanjay Malhotra takes measured tone with first rate cut

India’s new central bank governor cut interest rates for the first time in almost five years to help spur a slowing economy, providing a measured tone that disappointed some investors seeking more proactive steps.All six members of the Reserve Bank of India’s monetary policy committee, chaired by Governor Sanjay Malhotra, voted unanimously to lower the … Read more

RBI expected to cut interest rates for first time in nearly five years

  The Reserve Bank of India (RBI) is expected to cut interest rates for the first time in nearly five years this Friday on waning concerns about stubborn inflation, economists and investors polled by ET said, as Mint Road’s priority changes to helping a visibly slowing economy accelerate.Nine of the 12 financial institutions polled believe … Read more