The Latest Breaking News from MPC

Swati Dhingra says economy has flatlined and millions of mostly young and poorer people could be affected if rates stay high

RBI’s Monetary Policy Committee decision to leave interest rates unchanged even as the central bank warned of the major risk that ‘high inflation’ poses to macroeconomic stability is a clear sign that monetary authorities find themselves caught in a cleft stick.

Considering the burgeoning crude oil prices, the energy sector has considerable potential for significant expansion this year. Given this backdrop, quality energy stocks TotalEnergies SE (TTE), Marathon Petroleum Corporation (MPC), and Valero Energy Corporation (VLO), which are outpacing Exxon Mobil (XOM), could be wise portfolio additions now. Read on….

The Chart of the Day belongs to the energy company Marathon Petroleum (MPC) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...

Decision to hold rate at 5.25% will be good news for mortgage holders and firms but reflects dramatic weakening of economic activity

The Bank of England announcement comes after inflation unexpectedly fell this week

City Voices: Higher interest rates and more people out of work means there is just less money to go around

Rising unemployment and sluggish economic growth are unlikely to derail Threadneedle Street’s drive to curb inflation

Final phase of counselling for AP EAPCET-2023 MPC stream begins: Processing fee/registration on 14/15, online verification 14-16, option entries 14-17, change of options 17, allotment of seats 21, report to college 22-25.

Jump in borrowers unable to make payments with landlords particularly hit and ‘worse to come’

Today, City financial markets were pricing in the likelihood of a further hike at around 75%