March Rate Hike ‘Appropriate’ If Data Holds Up

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March Rate Hike ‘Appropriate’ If Data Holds Up

Money Market Guru ⭐⭐⭐⭐⭐ —  The US Federal Reserve is set to raise its benchmark interest rate later this month as long as economic data on jobs and inflation holds up, Fed Chair Janet Yellen said on Friday, in comments that likely cement a rate hike at its next meeting.

If Banks Refuse to Exchange Soiled Notes, They Can be Fined Rs10000

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If Banks Refuse to Exchange Soiled Notes,

Money Market Guru ⭐⭐⭐⭐⭐ — In a world of fake news and viral WhatsApp messages, you may end up believing the rumour that currency notes that have something scribbled across them are no longer legal tender. Your heart may sink if an ATM spits out yet another note with “Sonam Gupta bewafa hai” (Sonam Gupta is unfaithful) written on it.

Services PMI Adds to Signs India

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Money Market Guru ⭐⭐⭐⭐⭐ — A private survey signaled the first expansion in four months for India’s key service sector, adding to signs the economy is bouncing back from Prime Minister Narendra Modi’s shock clampdown on cash late last year.

The Nikkei India Services Purchasing Managers’ Index inched up to 50.3 in February, a report showed Friday, from 48.7 in January and November’s 46.7, which was the lowest since December 2013. A number above 50 indicates growth.

President Donald Trump will Press Congress to Carry out his Priorities

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President Donald Trump will press Congress to carry out his priorities - Money Market Guru - Pia

Money Market Guru — President Donald Trump will press Congress to carry out his priorities for replacing Obamacare, jump-starting the economy and bolstering the nation’s defenses in an address eagerly awaited by lawmakers, investors and the public who want greater clarity on his policy agenda.

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