Topic: Central Banking
India unexpectedly hikes rates a quarter point
AP News
India's central bank unexpectedly hikes key interest rates a quarter point on inflation fearsIndia's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation amid a faster-than-expected economic rebound. The bank raised the benchmark repo rate ...
Gold's $1140 hurdle
Stockhouse
Same factors stopping gold have not changedGold has been stopped time and again in its decade-long bull market by recurring hurdles that appear at an ever-higher price. During these encounters, several things happen, most notable of which is the growing bearish sentiment in the face of a seemingly insurmountable price ...
Bair says Senate bill must be tweaked
AP News
FDIC chairman says loopholes must be filled in Senate overhaul bill to end 'too-big-to-fail'A key senator has agreed with the head of the Federal Deposit Insurance Corp. to change new Senate legislation to ensure an end to the "too-big-to-fail" approach that brought the government rushing in to bail out ...
Fed must reveal data on loans to firms, court says
AP News
NY appeals court: Fed must reveal documents identifying firms that received Fed loansThe Federal Reserve must reveal documents identifying financial companies that received Fed loans to survive the financial crisis, a federal appeals court ruled Friday. A panel of the 2nd U.S. Circuit Court of Appeals in Manhattan said ...
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