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The Latest Breaking News from MPC

Mortgage borrowers face squeeze on living costs as Bank of England poised to raise rates

Bank of England expected to raise base rate to highest level in 13 years as walks ‘very fine line’ between cooling inflation and avoiding recession

The Independent UK

Investor wealth tumbles Rs 6.27 lakh crore as markets face heavy drubbing after RBI surprise

NEW DELHI: Investors became poorer by over Rs 6.27 lakh crore on Wednesday as markets crashed after the RBI hiked the policy rate by 40 bps in a surprise move.

The Times of India

Independence day: why Gordon Brown gave the Bank the right to set interest rates

Analysis: New Labour’s chancellor revealed his plan to a surprised Eddie George and his private secretary, now governor, Andrew Bailey

The Guardian - UK

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read the most diverse news in one place.

Sensex crashes 1,307 points after RBI's rate hike surprise; Nifty settles at 16,678

NEW DELHI: An off-cycle hike in repo rate by the Reserve Bank of India (RBI) spooked equity indices on Wednesday, with the benchmark BSE sensex crashing over 1,300 points.

The Times of India

EMIs set to rise as RBI hikes repo rate by 40 bps to 4.40%

NEW DELHI: In a surprise move, the Reserve Bank of India (RBI) on Wednesday hiked key repo rate by 40 basis points (bps) to 4.40 per cent amid rising inflationary pressures in the economy.

The Times of India

Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynamite News:

Dynamite News

Recap: Marathon Petroleum Q1 Earnings

Marathon Petroleum (NYSE:MPC) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:05 AM. Here's what investors need to know about the announcement.

Benzinga

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How the Bank of England base rate rise will affect you as inflation predicted to rise to highest level

Will the Bank of England rate change affect you?

Manchester Evening News

If You Invested $100 In Marathon Petroleum 10 Years Ago, Here's How Much You Would Have Today

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 4.82% on an annualized basis producing an average annual return of 16.49%. Currently, Marathon Petroleum has a market capitalization of $49.56 billion.

Benzinga

Marathon Petroleum's Earnings Outlook

Marathon Petroleum (NYSE:MPC) is set to give its latest quarterly earnings report on Tuesday, 2022-05-03. Here's what investors need to know before the announcement. Analysts estimate that Marathon Petroleum will report an earnings per share (EPS) of $1.11.

Benzinga

Bank of England ‘duty bound’ to trigger recession to curb inflation

Ex-official says policymakers must shrink the UK economy to limit upward pressure on prices made worse by Brexit

The Guardian - UK

2 Stocks to Buy as Gasoline Prices Keep Rising into the Summer

Despite declining oil prices and increased productivity, gas stations have managed to keep gas prices high--as is traditional. Furthermore, because seasonal gasoline demand is estimated to soar, we think it could be wise to bet on quality oil & gas industry stocks Marathon Petroleum (MPC) and Valero Energy (VLO). Let’s…

StockNews.com

Bank of England policymaker says rates could rise again in May

Catherine Mann argues that soaring energy and food prices will persist even if consumer demand weakens

The Guardian - UK

Expert Ratings for Marathon Petroleum

Within the last quarter, Marathon Petroleum (NYSE:MPC) has observed the following analyst ratings:

Benzinga

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news in one place.

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Benzinga

Here's How Much You Would Have Made Owning Marathon Petroleum Stock In The Last 10 Years

Marathon Petroleum (NYSE:MPC) has outperformed the market over the past 10 years by 3.81% on an annualized basis producing an average annual return of 16.25%. Currently, Marathon Petroleum has a market capitalization of $50.67 billion.

The Times of India

Explained in charts: India's inflation situation and its impact on households

NEW DELHI: Soaring prices of food items amid hardening global commodity prices have put an added burden on common man's pockets.

Motorsport

Bathurst TCR crash forces car switch

Jay Hanson has been forced into a spare Audi chassis after crashing his regular car during TCR Australia practice at Mount Panorama.

Benzinga

Looking Into Marathon Petroleum's Return On Capital Employed

According to Benzinga Pro, during Q4, Marathon Petroleum (NYSE:MPC) earned $1.10 billion, a 7.28% increase from the preceding quarter. Marathon Petroleum also posted a total of $35.61 billion in sales, a 9.18% increase since Q3.

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news in one place.

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The Hindu

Belated pivot: On RBI, inflation and sustainable growth

Without curbing inflation, the RBI will not be able to promote sustainable growth

Benzinga

This Is What Whales Are Betting On Marathon Petroleum

A whale with a lot of money to spend has taken a noticeably bearish stance on Marathon Petroleum. Looking at options history for Marathon Petroleum (NYSE:MPC) we detected 15 strange trades.

The Times of India

RBI ups inflation projection to 5.7% on global geopolitical tensions

MUMBAI: With geopolitical tensions clouding the price situation, the Reserve Bank of India (RBI) has raised the retail inflation projection for the current financial year to 5.7 per cent from earlier forecast of 4.5 per cent, though it expects moderation in prices of cereals and pulses on a likely record…

Dynamite News

Repo and reverse repo rates unchanged for now: RBI

Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th time in a row. Read details on Dynamite News

Al Jazeera

Has India’s central bank avoided tackling high inflation?

As the RBI focuses on managing Indian government’s debt & propping up growth, inflation soars.

Al Jazeera

Indian government helps central bank to circumvent inflation law

India’s finance ministry let RBI escape accountability for missing the inflation target in 2020.

Al Jazeera

India sought probe into ex-RBI gov Rajan for helping ‘white man’

India accused the RBI of setting interest rates to favour developed nations, pushing it to slash the rates.

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