1+ week, 5+ day ago   (337+ words) US praises India’s strong growth and resilience as Washington signals confidence in the country’s economic trajectory The White House has praised India’s economic performance, describing the country as a “dynamic”, “strong” and “resilient” economy and saying its latest GDP numbers…...

2+ week, 5+ day ago   (869+ words) From inflation and interest rates to financial innovation, Fed Chair Kevin Warsh’s first Jackson Hole address could shape market expectations far beyond the Wyoming mountains. The annual Jackson Hole Economic Policy Symposium returns on August 27–29, bringing together central bankers, economists…...

1+ mon, 2+ week ago   (370+ words) “Inflation remains elevated relative to the Committee’s 2% goal,” the Fed said in its policy statement following the conclusion of its two-day meeting. Apart from that assessment, the statement was unchanged from the one issued after the June 17 meeting. The central…...

1+ mon, 2+ week ago   (308+ words) “Inflation remains elevated relative to the Committee’s 2% goal,” the Fed said in its policy statement following the conclusion of its two-day meeting. Apart from that assessment, the statement was unchanged from the one issued after the June 17 meeting. The central…...

1+ mon, 3+ week ago   (859+ words) Pakistan has asked the United States for a $10 billion exchange stabilisation facility as Islamabad seeks to shore up its foreign exchange reserves and ease pressure on its cash-strapped economy, Reuters reported, citing a source familiar with the matter. The request…...

1+ mon, 4+ week ago   (208+ words) Firstpost US inflation eased more than expected in June, offering fresh relief to financial markets and strengthening expectations that the Federal Reserve may refrain from further interest rate hikes According to the latest Consumer Price Index (CPI) data, headline inflation…...

3+ mon, 1+ day ago   (437+ words) The world’s inflation battle is entering a difficult new phase. After nearly two years of cooling prices and hopes that central banks had finally defeated the post-pandemic inflation surge, fresh data from major economies is raising concerns that price pressures…...

3+ mon, 2+ week ago   (454+ words) The inflation gauge preferred by US Federal Reserve Chair Kevin Warsh showed further signs of cooling in April, offering support to his argument that price pressures are easing. However, economists and policymakers are warning that the measure may be masking…...