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Oil prices edge higher, pause from six-day losing streak

Oil has also been pressured by signs of further crude inventory builds. U.S. crude oil and fuel inventories rose by 9.9 million barrels last week, according to market sources citing American Petroleum Institute figures on Wednesday.

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Inflation is a worry, but so is over tightening

The real rate is positive and excessive tightening may hurt growth according to majority of external members – Ashima Goyal and Jayanth Varma- of the Reserve Bank’s Monetary Policy Committee who voted for a pause in the policy rate revision.

Categories Reseñas

Fed inclined toward more hikes to curb inflation

The minutes also said “almost all” officials agreed it was appropriate to raise interest rates by 25 basis points at the meeting, while “a few” favored or could have supported a bigger 50 basis-point hike.

Categories Reseñas

Indices slide 1.5% in global selloff

The Sensex slipped below 60,000-mark and the Nifty breached its crucial support of 17,600 led by fall in financials, metals, and energy stocks. Investors are awaiting the minutes of the US central bank’s latest policy meeting due tonight for insights on the Fed’s interest rate outlook