Tightening Archives - Rvpg media

Singapore strives to remain relevant amid regulatory tightening for retail investors

Singapore’s largest bank, DBS has announced another move to expand its crypto services, while remaining cautious to comply with the financial authorities’ view that crypto assets are not suitable for retail investors in the country. On Friday, the bank disclosed its decision to expand crypto trading services on its digital exchange (DDEx) to approximately 100,000 “wealth … Read more

US Fed’s tightening may undermine world economy

The US interest rate hike cycle may last longer than expected, underlining the need for China to buffer against external headwinds by boosting domestic demand while paying heed to cross-border capital flow stability, experts said on Thursday.They commented as the US Federal Reserve delivered a third consecutive 75-basis point interest rate hike to beat inflation … Read more

Midday Report: US Stocks Sink While Dollar Surges as Investors Weigh Policy Tightening Path; Goldman Sachs Cuts S&P 500 Target

US stocks slumped with crude oil futures, while the dollar extended gains as concern mounted over the impact of an aggressive pace of monetary tightening on the economy. The Dow Jones Industrial Average dropped 2.1% to 29,458.5, the Nasdaq Composite sank 2.1% to 10,473.6, and the S&P 500 was also 2.1% lower at 3,679.2. Energy, … Read more

Tightening financial conditions will slow global economic growth and inflation

Recognizing that high inflation will not quietly go away, the world’s major central banks are toughening their policies. Gradualism has given way to super-sized interest rate increases and a clearer resolve to restrain actual and expected inflation, despite adverse economic consequences. The more hawkish rhetoric and policy actions have unsettled financial markets, driving up … Read more

What the Fed’s “quantitative tightening” mission could mean for the markets

Data: FactSet; Chart: Axios Visuals The worst year for stocks since 2008 could still get uglier, as the Fed’s effort to pull potentially trillions of dollars out of financial markets hits full steam. Driving the news: The Fed opened up the second front in its war against inflation in recent months, moving to shrink its … Read more

ADB cuts India’s GDP growth forecast for FY23 to 7 pc on high inflation, monetary tightening | Economy News

The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7 per cent from 7.2 per cent earlier, citing higher than expected inflation and monetary tightening. India’s economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its … Read more

ADB cuts India’s GDP growth forecast for FY23 to 7 pc on high inflation, monetary tightening

ADB cuts India’s GDP growth forecast for FY23 to 7 pc on high inflation, monetary tightening Updated: Sep 21 2022 11:21AM New Delhi, Sep 21 (PTI) The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7 per cent from 7.2 per cent earlier, citing higher than expected inflation and monetary tightening. … Read more

India GDP: ADB cuts India’s GDP growth forecast for FY23 to 7% on high inflation, monetary tightening

Higher than expected inflation and monetary tightening will slow down Indian economy’s pace of growth, said the Asian Development Bank (ADB) as it slashed the growth projection for 2022-23 to 7 per cent from 7.2 per cent earlier. “However, GDP growth is revised down from ADO 2022’s forecasts to 7 per cent for FY2022 (ending … Read more

ADB cuts India’s GDP growth forecast for FY23 to 7% on high inflation, monetary tightening

The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to 7 per cent from 7.2 per cent earlier, citing higher than expected inflation and monetary tightening. India’s economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its … Read more

Asian Development Bank cuts India’s GDP growth forecast to 7 per cent on high inflation, monetary tightening : The Tribune India

PTI New Delhi, September 21 The Asian Development Bank (ADB) has slashed India’s economic growth projection for 2022-23 to seven per cent from 7.2 per cent earlier, citing higher than expected inflation and monetary tightening. India’s economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, … Read more