Volatile yen draws intervention watch, other currencies subduedIn response to last week's notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are...
Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, ma...
Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank"In the near term, priorities will be to manage liquidity, gradually lower the sizable forwards book and support the domestic currency. Lon...
Dollars no longer buy happinessDespite an unexpected increase in spending, US consumer sentiment is showing a notable decline. Economists are delving into the underlying ...
US manufacturing output falls in August after rising for seven straight monthsUS factory production declined unexpectedly in August after seven months of increases. Higher oil prices and rising interest rates are expe...
El Niño puts India on track for its driest monsoon since 2009India is set to face its driest monsoon in 17 years as El Niño effects reduce rainfall. This deficit threatens crop yields and increases fo...
'In our lane': Fed's Warsh defies Trump but still fighting for credibilityUS Federal Reserve chair Kevin Warsh delivered the interest rate hike this week that many economists think surging inflation required, defy...
RBI rate hike imminent? Fed's move pressures India to tighten monetary policy amid rising inflationGlobal central banks are tightening monetary policy, prompting calls for India to follow suit. The US Federal Reserve recently increased it...
‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists sayThe US Federal Reserve’s first rate hike since 2023 has added to pressure on India, with the rupee breaching 96 against the dollar and econ...
Bank of England sounds inflation alarm as it holds interest ratesThe Bank of England has decided to hold interest rates steady at 3.75 percent and is currently halting gilt sales. With inflation risks esc...
Who is Michael Kremer, the Nobel laureate set to become World Bank’s next chief economist?Nobel laureate Michael Kremer will become the World Bank's next chief economist. He is recognized for his experimental approach to alleviat...
World Bank names Nobel laureate Michael Kremer as next chief economistMichael Kremer, the distinguished Nobel laureate, is set to assume the role of chief economist at the World Bank. With a robust background ...
Global Market: Klaas Knot tops list of potential Lagarde successors at ECBFrance may support former Dutch central bank chief Klaas Knot to succeed Christine Lagarde as ECB president in exchange for a French candid...
Retail inflation in August rises to 4.8%, wholesale print up 9.9%India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel ...
SBI Research, IDFC First expect rate hike in October as crude prices climb: Higher oil prices & inflation raise likelihood of policy tighteningEconomists are gearing up for a potential rate hike from the central bank as soon as October, driven by escalating crude oil prices and ong...
Trump the economist gets this one rightDonald Trump advocates for the world's lowest interest rates, citing America's strong credit standing. However, global central banks face r...
Fed rate-hike bets rise to 85% after hot August inflation dataRecent inflation figures have exceeded expectations, leading many to anticipate a rate hike from the Federal Reserve. Core consumer prices ...