Analysis: Interest Rates

Bessent says up to Trump whether Warsh might be sued over policy choices

U.S. Treasury Secretary Scott Bessent on Thursday declined to commit that the Trump administration would not sue Kevin Warsh, its nominee to lead the Federal Reserve, if he follows a monetary path...

Indonesia president has ordered firm action against stock market violations, minister says

Indonesia's chief economic minister said on Thursday that President Prabowo Subianto has ordered a firm response to any violations of stock market rules.  Airlangga Hartarto told a...

India to sign trade deal with United States in March, minister says

India and the U.S. expect to sign a formal trade deal in March, after which New Delhi will lower tariffs on U.S. goods, Trade Minister Piyush Goyal said on Thursday, giving the first official timeline...

US Treasury's Bessent says he was wrong when he said tariffs could be inflationary

U.S. Treasury Secretary Scott Bessent on Wednesday said he was wrong when he and his Key Square investment firm told partners in January 2024 - before Donald Trump won election to a second stint as...

Bessent: Fed lost trust of American people over inflation, threatening independence

U.S. Treasury Secretary Scott Bessent on Wednesday said that the independence of the Federal Reserve was based on Americans' trust of the central bank, which it lost because it allowed inflation to...

India to ensure its record borrowing plan doesn't disturb markets, economic affairs secretary says

The Indian government will use various instruments, including bond switches, to ensure its record borrowings in the fiscal year starting April do not unsettle the market or push up yields, a senior...

India says will diversify energy supply after deal with US on Russia oil

India aims to diversify its energy sources amid changing global circumstances, the country's trade minister said on Wednesday, two days after the U.S. slashed tariffs on Indian goods in exchange for...

Why can Kevin Warsh be appointed again at the Fed ?

Fed governors are appointed to non-renewable 14-year terms. And Kevin Warsh has already served on the Board of Governors between 2006 and 2011.

India's commitment to buy US goods under deal includes petroleum, defence, aircraft, official says

India's commitment to buy U.S. goods under a trade deal announced on Monday includes petroleum, defence, electronics, pharma, telecom products and aircraft, a government official told Reuters on...

China's measures to shore up its indebted property sector

China's property market, which at its peak once accounted for a quarter of the world's second-largest economy, has been struggling with a debt crisis since mid-2021 that has seen swathes of developers...

India's 2026/27 budget shows slowing fiscal consolidation, rating agencies say

India's 2026/27 budget points to a slower and more gradual pace of fiscal consolidation, rating agencies said, with Fitch calling it broadly neutral for growth in the world's fifth-largest economy. ...

India's federal government ramps up long-term loans to states for 2026-27

India's federal government will raise the amount of long-term interest-free loans it provides to states, according to annual budget documents released on Sunday. The federal government...

India to borrow record 17.2 trillion rupees in fiscal year 2027

India's federal government will borrow a record 17.2 trillion rupees in fiscal year 2026-27, with the bond supply higher than most market estimates, the annual budget showed on Sunday. ...

Powell Holds Firm on Rates, Avoids Political Entanglements Amid Legal Challenges

While the Fed's decision was widely anticipated by investors, Jerome Powell was expected to address several issues that have dominated the Fed's headlines since the start of the year. And he delivered...

Adani group firm to swap part of dollar debt with rupee after top rating, sources say

A unit of Indian billionaire Gautam Adani-led group plans to refinance part of its dollar debt with rupee funding over the next three months, following an upgrade of its credit rating to the highest...

China logs first fiscal revenue drop since 2020 on property slump, weak consumption

China's fiscal revenue fell 1.7% in 2025 from a year earlier, the finance ministry said on Friday, the first contraction since 2020 as a protracted property slump and weak domestic demand saddled the...

India central bank defers plan to mandate climate risk disclosures by banks, sources say

India's central bank has put on hold plans to ask domestic lenders to disclose and manage risks from climate change, three sources directly familiar with the discussions said. Getting a...

China reportedly drops rules that sparked property crisis, developer shares surge

China has done away with borrowing limits on property developers known as its three red lines policy, local media said on Thursday, an apparent end to rules that triggered a debt crisis which...

India cenbank proposes rules for banks to implement relief measures during natural disasters

India's central bank has proposed a set of guidelines for banks and other regulated entities on Tuesday, for the implementation of resolution plans during natural calamities. The banks...