High-frequency indicators of overall economic activity remained robust in October, supported by Goods and Services Tax (GST) cuts and an increase in festival spending | Photo credit: According to the RBI’s latest monthly bulletin, the monetary and regulatory measures taken so far this fiscal should pave the way for a virtuous cycle of higher private […]
Renewed trade tensions between the US and China pose new downside risks to the economic outlook, making it more important that the US central bank cuts interest rates, Federal Reserve Governor Stephen Miran said on Wednesday. “We have to recognize that there is some difference now from where we thought a week ago,” before China […]