BOE holds rates with warning of a ‘way to go’ on inflation https://ift.tt/vjC037H panel maintained its guidance that rates would need to be “sufficiently restrictive for sufficiently long” to rein in inflation. That stood in stark contrast with fresh signals from the Federal Reserve that US policymakers were preparing to ease rates next year.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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