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Raghuram Rajan RBI Governor

RBI rate cut expected to prompt bankers to lower lending rates

RBI has made a surprise cut in repo rate by 25 basis points to bring it down to 7.50 percent. The move could be just what the doctor ordered. RBI governor Raghuram Rajan is confident that commercial banks will respond positively to the repo cut and cut their lending rates. Mar 5, 2015
rba-surprises-on-interest-rate-hold

RBA surprises on interest rate hold

EDITORS' NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIALS Investors' hopes for a rate cut down under dashed. The Reserve Bank of Australia held interest rates steady after cutting to a record low of Mar 3, 2015
nasdaq-closes-above-5000

Nasdaq closes above 5,000

U.S. stocks advanced on Monday, pushing the Nasdaq above the 5,000 mark for the first time in fifteen years. The dollar hit an 11-year high on expectations the Federal Reserve might raise interest Mar 3, 2015
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