RBI monetary policy committee member moots two inflation rates

RBI monetary policy committee member Nagesh Kumar has proposed considering two inflation rates, one including and the other excluding food prices, to tailor policy decisions. With food having a 46% weightage in consumer price inflation, the current rate established in 2011-12 may need reassessment.

Nigeria’s inflation hits 34.80%

solacebase.com - 15/Jan 12:49

%BlogLink% %FearturedImage% %PostLink% Consumer prices rose at a faster annual pace in December 2024 removing any hopes for a rate cut at the Monetary...

Retail inflation dips to 4-month low of 5.2% in Dec

times of india - 13/Jan 21:57

Retail inflation has eased to a four-month low of 5.2% in December, largely due to softer food prices, especially vegetables. However, it remains...

ECB rate cut talk drags Euro lower

financialmirror.com - 17/Jan 10:59

The EURUSD pair weakens to near 1.0290 during the early European session on Friday with the expectation of further rate cuts by the European Central...

As One Cycle Ends, Another Begins Amid Growing Divergence – Analysis

eurasiareview.com - 00:41

We project global growth will remain steady at 3.3 percent this year and next, broadly aligned with potential growth that has substantially weakened...

The Trump Threat: How Worried Should South Africa Be? – Analysis

eurasiareview.com - 22/Jan 00:14

The cracks in US-SA bilateral ties are more than apparent, but not all is gloom and doom. By Ronak Gopaldas and Priyal Singh As the world braces...

Dollar under pressure ahead of US inflation

financialmirror.com - 15/Jan 13:16

EURUSD remains firm at 1.0300 in Wednesday’s European session after a strong recovery on Tuesday. The major currency pair consolidates as...

“The Norm For Some Time”: BMO Calls For Mortgage Rates To Dip Below 4%

storeys.com - 14/Jan 17:12

As we tread through the first month of 2025, economists are busy forecasting the trends set to characterize the new year. Top of mind is the housing...