US Federal Reserve Chair Powell signals persistent tight policy until inflation reaches 2%, following recent higher-than-expected inflation data. Market experts suggest potential selling pressure in equities, affecting emerging markets like India.
4 min read17 Apr 2024UK inflation rate fell less than expected last month as economists predicted 3.1% inflation rate for the month, AP reported.
1 min read17 Apr 2024The European Central Bank will need to make further reductions to interest rates this year and next, following an initial move in June, according to Governing Council member Francois Villeroy de Galhau.
2 min read16 Apr 2024New Zealand’s immigration slowed for a third straight month in February, suggesting a gradual softening of the population pressures that have been worrying policymakers.
1 min read15 Apr 2024The high tide for global interest rates has passed, but respite for the world economy may be limited as policymakers stay wary at the threat of inflation.
26 min read15 Apr 2024If the global economy is heading for a soft landing, there’s likely to be plenty of anxiety along the way.
7 min read14 Apr 2024The Bank of Japan may intervene in the market to slow the weakness of the yen. But ultimately, it depends on the Fed.
2 min read13 Apr 2024Prices aren’t rising as fast as they were in 2022, but consumers tend to have a long time horizon.
1 min read13 Apr 2024Following a nasty surprise, some now think they may come only after the presidential election
3 min read12 Apr 2024Gold climbed to a fresh record after the latest US inflation report offered some calm to markets a day after a hot price reading curbed bets on Federal Reserve rate cuts.
1 min read12 Apr 2024The 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