Economy News
Food price volatility remains ‘contingent risk’ for CPI inflation: RBI
Reserve Bank of India (RBI) released a monthly bulletin on Friday, September 20, stating that food price volatility remains a contingent risk, even though the inflation indicator, the consumer price index (CPI), came below the central bank’s target for the second time in August.
2 min read07:56 PM ISTCuba is out of supplies and out of ideas
Penury is pushing the island towards Russia and China
6 min read19 Sep 2024Taiwan central bank leaves key interest rates unchanged
Taiwan’s central bank held rates steady with a watchful eye on inflation, declining to join the Federal Reserve and a growing number of its Asian counterparts in starting to ease monetary policy.
2 min read19 Sep 2024US Fed Meeting: See date, timing, and schedule details here
US Federal Reserve September Meet: The Federal Open Market Committee meeting is from September 17-18, 2024, and Fed Chair Jerome Powell is expected to announce the bank’s first rate cut in over four years later today.
2 min read18 Sep 2024Oasis, Ticketmaster and the price of economic ignorance
When supply and demand determine the price of a concert ticket, everybody goes home happy.
4 min read17 Sep 2024Traders’ Uncertainty About Fed Decision Is Highest Since 2007
Not since the lead-up to the financial crisis have bond traders been so divided about the outcome of the next Federal Reserve decision.
3 min read16 Sep 2024Consumers have a debt problem: Not enough of the right kind
The Federal Reserve’s next interest-rate decision could be a fateful one for many consumers and in turn for debates about the health of the American spender.
4 min read16 Sep 2024Why Europe is embracing the new American growth model
Following the trail of the U.S. will require more government intervention in industrial and trade policy.
4 min read16 Sep 2024Fed enters tricky terrain: Rate cuts in a decent economy
Credit cards, mortgages and savings will be affected when the Federal Reserve makes its expected rate cut. The question this time is how, exactly.
6 min read16 Sep 2024World Braces for Fed Easing Amid 36-Hour Rate Rollercoaster
The world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of brittle markets.
5 min read15 Sep 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared