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Turkish President Recep Tayyip Erdogan said he is “absolutely” against high interest rates.
The offer would help expand the currently underserved credit card market in the country, says IDFC First Bank's V. Vaidyanathan. Read how the offer of credit cards with interest rates as low as 9% will affect the market:
The Market Call | 'Risk-reward matrix on #market looks stretched', says Vaibhav Sanghavi of Avendus Capital Alt Strategies. Adds that tailwinds of lower interest rates and higher liquidity remain #OnCNBCTV18 @_anujsinghal @SurabhiUpadhyay
Auto Sector Top focus trends for CY21 -Rural continues to drive demand -Scrappage policy, freight demand increase could act as triggers for M&HCV industry -Competitive intensity (new launches) -Rising finance penetration with lower interest rates -Tractor sales growth trends
The World View | US jobless claims come in at 9,00,000 vs poll of 9,25,000. #ECB keeps interest rates unchanged. @blitzkreigm wraps up the global cues for trade today
New Zealand inflation was firmer than economists expected in the fourth quarter, adding to signs the central bank may not need to cut interest rates further
Canada’s top central banker isn’t worried about the country’s hot housing market, saying low interest rates and demand for space rather than speculation are behind the price gains
#ETMGS We are seeing a surge in demand. How much of this is pent-up or due to low interest rates? There are lot of issues there. How much of this will normalise remains to be seen, says Prashant Jain.
Nimesh Shah: I don't see interest rates going down from here. So why will I play in high-duration bonds? #ETMGS
Bank of Japan leaves interest rates unchanged amid gloomy outlook
LATEST: Bank of Japan leaves interest rates unchanged. The bank cut its growth forecast for the fiscal year ending in March, reflecting renewed concern over the pandemic.
The Bank of Canada held interest rates unchanged and reiterated its commitment to keep them at historical lows
Is raising interest rates the right medicine? We need to look at this question, says KV Kamath at #ETMGS