Business Lanka central bank unexpectedly cuts rates by 250 bps as inflation eases By News for today - June 1, 2023 0 41 FacebookTwitterPinterestWhatsApp Retail inflation eases marginally to 6.44% in February from 6.52% in Jan January retail inflation rises to 6.52%, highest since October 2022 Sri Lankan rupee shows appreciation against US Dollar in recent months RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8% RBI Monetary Policy: Repo rate up by 25 bps, FY23 inflation pegged at 6.5% China’s factory activity swings to surprise growth in May: Caixin PMI Investors relieved as US House passes debt ceiling Bill; Senate in focus Here’s how a covert relationship with Taliban backfired for US ally Pak Elon Musk again becomes World’s richest person as Arnault’s LVMH sinks Japan enacts law to extend operating period of nuclear plants beyond 60 yrs
