The RBI’s $10 billion buy-sell swap auction received $22.3 billion in bids, more than double the notified amount, with an average premium of 592 paisa. The move aims to address banking liquidity deficits, with final settlement in March 2028.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation