The Reserve Bank of India maintained its key policy rate at 5.25% due to ongoing West Asia tensions, warning of supply chain disruptions impacting inflation and growth. Projections for GDP and inflation remain within targets, though geopolitical uncertainty poses downside risks. Markets reacted positively to the news.
Fed minutes show growing openness to rate hikes at March meeting
In recent meetings, Federal Reserve officials mulled the idea of increasing interest rates as inflation rates climbed beyond target thresholds, influenced in part by the