Interestrates

RBI keeps rates on hold, more easing seen as challenging

The Reserve Bank of India (RBI) kept its key lending rate unchanged on Tuesday, leaving the door open for more easing but making that dependent on meeting a challenging inflation target f‎or 2017.

Fed meeting confirms December hike expectations, global markets react to tighter borrowing costs

Minutes of the Federal Reserve's late October policy board meeting confirmed Wednesday that participants expected to begin raising interest rates in December.

US Dollar sinks as weak jobs report augurs low rates

A weak report on the U.S. jobs market pushed the dollar lower on Friday. Traders anticipated that the slowdown in hiring would keep the Federal Reserve from raising a key interest rate off a record low.