The European central bank took a cautious step towards easing monetary policy today, cutting interest rates for the first time since 2019.

ECB implements first rate cut since 2019, citing 2.6% Eurozone inflation

Let's look at what to watch this week for cues on the US Federal reserve's rate path. The Fed's favourite inflation measure is expected to show a little respite from stubborn price pressures. This supports central bankers' caution in lowering interest rates.

US Federal reserve: Uneven progress for Fed in its inflation fight

The global economy would have to wait a little longer for a possible US Fed rate cut. The reason? A second straight month of stronger-than-expected inflation.

Analysts: Possibility of rate cut before June looks unlikely

The global economy would have to wait a little longer for a possible US Fed rate cut in the reason a second straight month of stronger-than-expected inflation that has effectively shut the door on the possibility of a rate cut before June. Not just that higher than expected inflation also makes back-to-back reductions look increasingly less likely.

Delay in US federal rate cuts?

The U.S. Fed will begin cutting rates this year. But the timeline is not yet clear. The i-n-g group believes that the fed must wait until may, before starting with the rate cut cycle. The group argues that the U.S. Job market remains tight, pointing to the low unemployment, sticky wages and the job creation data.

ING: U.S. Fed must wait until May to cut interest rates

The Federal Reserve is taking its foot off the brake a little bit more. However, it seems ill-prepared to press the economy's gas pedal. As anticipated, the Fed increased its benchmark short-term interest rate by a quarter of a percentage point on Wednesday, reversing a half-point increase in December and recognising a historic inflation spike is fading.

US: Fed approves 0.25% rate increase, Powell suggests 'couple' more hikes coming

From US Secretary of State Antony Blinken taking part in a press conference after attending events at the 55th ASEAN Foreign Ministers' Meeting to India's central bank hiking interest rates for the third time in four months, here are some impactful images from around the world on 05 August 2022.

World in Pictures: Blinken attends ASEAN Foreign Ministers' Meet; RBI hikes interest rates again

A recent report by the Office for National Statistics (ONS) has revealed that UK's economy grew by 7.5 per cent last year, after falling back in December due to the Omicron variant.

UK economy grew by 7.5% in 2021, the fastest rate since 2nd world war

As the US economy nears full employment and the Central bank copes with a surge of inflation, the central bank federal reserve would end its pandemic-era bond purchases.

United States: Fed signals three rate hikes in 2022

Germany's incidence rate measuring the number of new coronavirus infections per 100,000 people over the last seven days soared to 201.1 on Monday, a record since the pandemic erupted more than a year ago.

Germany: Seven-day COVID-19 incidence rate rises to record high

Recent data shows that the human papillomavirus, or HPV vaccine is helpful in lowering cases of cervical cancer by 90 per cent. Cancer Research UK described the findings as "historic" as this comes as proof that the programme launched in England 13 years ago is saving lives.

'Historic': HPV vaccine lowers cervical cancer rates by 90 per cent, says UK study

Israel has recorded a drop in the efficacy rate of the Pfizer Inc.-BioNTech SE in preventing the deadly coronavirus infections, reveals Health Ministry data. Also, a decline in protection against serious cases and hospitalization is considerably milder.

Israel sees steep drop in Pfizer vaccine efficacy rate

The US birth rate fell 4% last year, the largest single-year decrease in nearly 50 years, according to a government report being released on Wednesday. The rate dropped for moms of every major race and ethnicity, and in nearly age group, falling to the lowest point since federal health officials started tracking it more than a century ago.

US birth rate falls to lowest point in more than a century 

The government Thursday revised the economic growth rate upwards to 7.2 per cent for 2017-18 from the 6.7 per cent estimated earlier. "Real GDP or GDP at constant (2011-12) prices for 2017-18 and 2016-17 stand at Rs 131.

GDP growth rate for 2017-18 revised upwards to 7.2%

The NSE Nifty too slipped by 35.95 points, or 0.33 per cent, to 10,820.75.

Sensex falls 126 points as Federal hikes rate

The SDR-rupee figure will be based on this rate, the statement added

RBI sets rupee reference rate at 67.3353 against dollar

rate

Rate, News on Rate, stories on Rate, articles on Rate, Rate stories at Wion, Rate news, Rate latest news