Latest Updates Around The World
When the Economic Survey was presented, early indicators pointed to growth prospects marginally better than market expectations, with GDP growth estimated at a range of 6.8% to 7.2%. While the numbers are encouraging, economists say the real story lies in the changing growth engines and evolving policy manual.Speaking to ET Now, Radhika Rao of DBS […]
Chicago Federal Reserve President Austan Goolsbee said Thursday that the U.S. central bank should focus on curbing inflation amid ample evidence of labor market stability, in comments that kept alive the prospect of interest rate cuts later this year. “There’s still strength” in the labor market and “I think the biggest thing we’re facing is […]
Russia’s ruble has surpassed all major currencies against the dollar this year, a rally that has caught policymakers off guard and threatens to undermine the country’s wartime economy.The ruble has appreciated 45% since the start of the year and is trading at almost 78 per dollar, within easy reach of levels before Russia’s massive invasion […]
