San Francisco: Soaring grocery, gas, and transportation prices remain a factor in US household pockets, with the price of flour in the run-up to Thanksgiving remains a matter of concern here. But the October inflation print at 7.7 per cent triggered a boom rally on the equity markets. Despite a 40 year inflation spike, equity […]
Rome: Ratings agency Moody’s has downgraded its outlook on Italy’s economy, the latest in a series of worrying signs for the country. Moody’s on Wednesday slashed its assessment of the country’s banking system from “stable” to “negative”, and said it expects conditions for the banking sector to deteriorate further over the coming 12 to 18 […]
The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
London: UK inflation accelerated to a 40-year high in September as the soaring cost of food squeezed household budgets. The consumer price index rose 10.1%, compared with 9.9% the previous month, the Office for National Statistics said Wednesday. The new data shows inflation returned to the July peak and is once again at the highest […]
Tobias Adrian, Financial Counsellor and Director of the Monetary and Capital Markets Department of the IMF, said that monetary policy has tightened in India, similar to other emerging markets as well, where inflation has been above target.
By Dipa Sinha While the period before the pandemic saw exceptionally low food inflation in India, the current inflation, particularly in food items, is putting added pressure on people’s ability to access adequate and nutritious food. In a country where the poor spend over 40% of their incomes on food, sustained food inflation poses a danger […]
ADB's flagship Asian Development Outlook (ADO) report, released on Wednesday, said India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services.
While rising inflation, tightening monetary policy, and climbing crude oil prices have made the current fiscal a difficult one for the INR, the Russia-Ukraine war sparked a near-freefall.
New Delhi: Investors continued to withdraw from mutual funds focused on investing in fixed-income securities for third consecutive quarter and pulled out over Rs 70,000 crore in April-June due to high inflation and an increasing rate cycle. “In the next (September) quarter, it is safe to assume that monetary conditions will be tighter in terms […]
