The Reserve bank of India (RBI), in an article in August Bulletin, said the monetary policy needs to take a cautious approach if food inflation persists, as such shocks may not be transitory and could spill over into generalised inflation.
The decision to leave interest rates unchanged and the subsequent remarks from Fed Chairman Jerome Powell have sparked a sea change in market sentiment.
Moody's Investors Service expects global growth to continue to slow in 2023 over a cumulative monetary policy tightening by various central banks.
The central bank Governor cleared the air that another interest rate hike is imminent. The two-day monetary policy meeting in the US will start on September 20.
Indonesia's central bank has also moved to curb inflation, including by promoting the use of local currency settlement in cross-border trade and investment
The RBI on Thursday maintained status quo on its key short-term lending rate at 6 per cent at its first…
With the annual retail inflation rate breaching the five per cent mark in December and going over the RBI’s median…
In its penultimate monetary policy review of the fiscal, the Reserve Bank of India (RBI) on Wednesday maintained status quo…
The rupee depreciated by 6 paise to 64.44 against the dollar at the interbank forex market on Wednesday ahead of…
Rising inflationary pressure prompted India’s central bank, the RBI, on Wednesday to maintain its key lending rates. According to the…
