ECB has decided to hold on to rates. It has also decided to halve the bond purchase programme from Euro 30 billion per month at present to Euro 15 billion per month from Sept 2018. The last month for bond purchase will be Dec 2018. The programme will ... More


US Fed has raised interest rates by 25 bps on Wednesday. The Fed Chairman has clearly stated that they could go for two more rate hikes this year and could go for 3 rate hikes in 2019. The unwinding of balancesheet is in progress and it will continue ... More

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