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RBI may cut interest rates further by 50 bps in 2025, stance to turn accommodative: Bank of Baroda

David Bale1 month ago04 mins

New Delhi [India], February 10 (ANI): The Reserve Bank of India (RBI) may cut interest rates further by 50 basis points (bps) in 2025 and shift its stance from ‘neutral’ to ‘accommodative,’ according to a report by Bank of Baroda. The report suggested that the central bank has entered a rate-cut cycle, and more reductions…

How the Federal Reserve’s rate policy affects mortgages

David Bale3 months ago04 mins

The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates to fall. But that may not happen for some time. “I think the best case scenario is we’re going to continue to see mortgage rates hover around six and a half to 7%,” said Jordan…

Why fast-food companies like KFC and Chick-fil-A are betting on chicken tenders again

David Bale3 months ago03 mins

Fast-food companies like Yum! Brands’ KFC and McDonald’s are getting back into chicken tenders as a way to attract consumers with a low-risk, high-reward bet on a familiar favorite. Nearly half of all fast-food restaurants served the chicken item as of the third quarter, up 5.7% from the same period in 2019, according to…