India’s RBI Slashes Interest Rate for First Time Since 2020 to Boost Growth
India’s Reserve Bank cuts the key lending rate by 25 basis points to 6.25%, the first adjustment since 2020, aiming to boost a slowing economy amidst global uncertainties.
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US Anticipates First Interest Rate Cut Since March 2022
Americans brace for a potential interest rate cut by the Federal Reserve in September, marking the first since March 2022.