The Latest Breaking News from Interest Rates

5 Financial Habits of Indian Joint Families That Are Quietly Brilliant and Completely Underappreciated

1. Pooling Income Before Anyone Gets to Spend ItThe joint family's oldest financial move is also its most radical: money comes in, goes into a common pool, and gets allocated from there. Individual earners don't decide unilaterally what to do with their salary. The family treasurer, usually the eldest woman…

Times Life · Aug 29

FD rate up to 8.5% for senior citizens investing for five years; know the list of banks

For senior citizens, certain banks have enticing fixed deposit options offering interest rates as high as 8.5 percent. These deposits, with a maximum limit of Rs 3 crore, are typically available for a five-year tenure. Importantly, if the interest earned exceeds Rs 1 lakh in a year, TDS is deducted.

The Economic Times · Aug 29

Stocks Turn Down as Warsh Talks Up Rates: Stock Market Today

Markets are pricing in higher interest rates after Fed Chair Kevin Warsh doubled down on his commitment to price stability.

Kiplinger · Aug 28

Raghuram Rajan calls for Federal Reserve rate hike, says US economy 'not being held back'

Former RBI governor Raghuram Rajan advocates for higher US Federal Reserve interest rates. He believes current financial conditions remain too loose for controlling inflation. Rajan points to strong investment and fiscal deficits as growth drivers. The US economy shows little sign of being constrained by borrowing costs. Meanwhile, the Indian…

The Economic Times · Aug 28

Global Market: European shares edge higher as investors await Fed Chair Warsh’s Jackson Hole speech

European shares edged higher on Friday, led by a recovery in French stocks after their sharp selloff in the previous session. Investors shifted focus to Federal Reserve Chair Kevin Warsh’s Jackson Hole speech for clues on inflation, interest rates and bond-market volatility, while gains were seen across all STOXX 600…

The Economic Times · Aug 28

Nationwide Boosts Savings Rates to 4.55% With More Deals for UK Savers

Nationwide Building Society has increased interest rates on fixed-term savings products, offering up to 4.55% AER. This move provides UK savers with competitive options amid a shifting market.

International Business Times UK · Aug 28

US Stock Market: Warsh Jackson Hole speech puts Fed policy communication under scrutiny

Federal Reserve Chair Kevin Warsh’s Jackson Hole speech is in focus as investors seek clues on U.S. interest rates, inflation and bond-market risks. With inflation above target and policymakers divided, markets await guidance on future policy. Warsh’s cautious approach to forward guidance will be tested amid economic and fiscal uncertainties.

The Economic Times · Aug 28

NBFCs enter new cyclical recovery, PAT seen rising 24% in FY27: Motilal Oswal

Non-banking financial companies are entering a new cyclical recovery phase. Loan growth and asset quality improvements are expected to drive earnings higher. Profit after tax for NBFCs is projected to grow significantly in upcoming fiscal years. However, geopolitical risks and monsoon conditions pose potential challenges to this recovery. Interest rates…

The Economic Times · Aug 28

Global Market: Japan’s Nikkei rises as tech stocks gain, Fed signals cap rally

Japan’s Nikkei rose 0.8% and Topix gained 0.9%, led by technology and chip stocks. Gains were supported by Wall Street’s semiconductor rally, while inflation concerns, higher oil prices and rising bond yields limited broader advances. Investors also awaited Fed Chair Kevin Warsh’s Jackson Hole speech for clues on US interest…

The Economic Times · Aug 28

Global Market: Tokyo core inflation accelerates, strengthening case for September BOJ rate hike

Tokyo’s core inflation accelerated for a third straight month in August, strengthening expectations that the Bank of Japan could raise interest rates in September. Core CPI rose 1.8% year-on-year, slightly above forecasts, while a measure excluding fresh food and fuel climbed to 2%, adding to rate-hike pressure.

The Economic Times · Aug 28