RBI surprises with a 50 bps repo rate cut to 5.5% and 100 bps CRR reduction to boost economy. Read how it impacts borrowers and savers at The Interview Times. MUMBAI – In a bold move to spur economic growth, the Reserve Bank of India (RBI) announced a larger-than-expected 50 basis point (bps) cut in … Read more
OECD slashes global growth forecasts for 2025-2026, citing escalating US trade tariffs under Trump. Discover how rising protectionism impacts the global economy, inflation, and business. Read more on The Interview Times. The global economic outlook has taken a somber turn as the Organisation for Economic Co-operation and Development (OECD) announced significant downgrades to its growth … Read more
The Reserve Bank of Australia (RBA) has lowered its cash rate to 3.85%, marking its second rate cut in 2025, as global trade tensions and economic uncertainties intensify. This decision, announced on May 20, 2025, reflects the RBA’s cautious response to a slowing global economy and potential risks to Australia’s export-driven market. The move aims … Read more
WASHINGTON — As President Donald Trump nears the 100-day mark of his second term, recent polls indicate his approval rating has plummeted to 39%, marking the lowest 100-day approval for any U.S. president in 80 years, according to a new ABC News poll. The Reuters/Ipsos poll, conducted earlier this month, echoes this sentiment, revealing widespread … Read more
President Donald Trump has hinted at a potential de-escalation in the ongoing trade war with China, suggesting that the current 145% tariffs on Chinese goods could be significantly reduced. Speaking to reporters at the White House, Trump acknowledged that the tariffs are “very high” and stated they would “come down substantially” as part of negotiations … Read more
As of April 21, 2025, President Donald Trump has ramped up his attacks on Federal Reserve Chair Jerome Powell, threatening to remove him amid economic turbulence and a looming Supreme Court decision that could ease such a move. Trump, frustrated by Powell’s reluctance to slash interest rates aggressively, recently stated, “Powell’s not doing what’s right … Read more
In a recent interview with CBS News, billionaire investor Warren Buffett sharply criticized President Donald Trump’s latest tariff measures, labeling them “an act of war, to some degree.” Buffett’s comments come as the Trump administration imposes a 25% tariff on imports from Canada and Mexico, and raises tariffs on Chinese goods from 10% to 20%. … Read more