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 […]
Tag: Inflation
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 […]