Nomura Lowers India’s FY25 Growth Forecast to 6.7% Amid Slower GDP Growth

Nomura has revised its economic growth forecast for India in FY25, lowering it to 6.7% year-on-year from an earlier estimate of 6.9%. This adjustment follows […]

India Central Bank’s August MPC Minutes: Inflation Trends, Policy Stance, and Economic Outlook

India Central Bank Chief Das: – According to the Monetary Policy Committee (MPC) minutes, headline inflation for July and the second quarter of the current […]

Fed Minutes Reveal Confidence in Inflation Progress and Risks to Employment; Treasury Yields Fall

FED MINUTES: Participants expressed increased confidence that inflation is moving towards the 2% target based on recent data. Some members believed that the recent progress […]

UBS Increases U.S. Recession Odds to 25% Amid Rising Economic Risks

UBS Global Wealth Management has recently raised the probability of a U.S. recession to 25%, up from its previous estimate of 20%. This adjustment reflects […]

Bank of England Cuts Interest Rates from 16-Year High Amid Inflation Concerns

The Bank of England reduced interest rates from a 16-year high on Thursday, following a close vote among policymakers who were split on whether inflation […]

May U.S. Inflation Data Falls Short of Estimates

May U.S. Inflation Data: – CPI: 3.3% YoY (Estimate: 3.4%)– CPI: 0.0% MoM (Estimate: 0.1%) – Core CPI: 3.4% YoY (Estimate: 3.5%)– Core CPI: 0.2% […]

RBI Maintains Key Interest Rates at 6.50% and Provides Economic Outlook

The Reserve Bank of India (RBI) has kept interest rates unchanged: – Actual: 6.50%– Expected: 6.50%– Previous: 6.50% In addition, the RBI maintained the Cash […]

US Producer Price Index (PPI) Report: Core PPI Exceeds Expectations with 0.5% MoM Increase, Year-on-Year Figures Steady

In April, US PPI increased by 0.5% compared to the previous month, surpassing the expected 0.3%. Year-on-year, it reached 2.2%, slightly higher than the previous […]

Turkey’s Inflation Hits 69.8% in April Despite Interest Rate Hikes: A Look at Economic Policy Shifts Under Erdogan

In April, Turkey’s annual inflation rate surged to 69.8%, as per official data released on Friday. This marks a further escalation from March, when inflation […]

Federal Reserve Holds Interest Rates Steady at 5.50% and Plans to Slow Balance-Sheet Reduction

The Federal Reserve has decided not to reduce interest rates, maintaining them at the current level of 5.50%, consistent with the previous rate. Market expectations […]

U.S. Inflation Moderately Rises in March, Fed Expected to Hold Rates Until September

The Commerce Department’s Bureau of Economic Analysis reported a moderate increase in U.S. inflation for March, with the Personal Consumption Expenditures (PCE) price index rising […]

FOMC Holds Steady: Target Range Maintained at 5.25% – 5.50%

The FOMC has decided to keep rates unchanged, maintaining the target range at 5.25% – 5.50%. Additionally, there is no change in the interest on […]