monetary policy

RBI Rate Cut: 50 bps Repo Rate Slashed, CRR Down 100 bps to Boost Economy

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RBI Rate Cut

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

Trump’s War on Fed Chair Powell Threatens Central Bank Independence

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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