Page 8 - Latest Updates on Inflation
Fear of Trump's trade war sends US consumer sentiment plunging
US consumer sentiment plunged in April, a seemingly sharp rebuke of President Donald Trump's trade wars that have fuelled anxiety over possible job losses and rising inflation.
 "Fear of Trump's trade war sends US consumer sentiment plunging")
We will provide sufficient liquidity for monetary policy transmission: RBI
The RBI has guided that liquidity should be 1-1.5 percent of NDTL
 "We will provide sufficient liquidity for monetary policy transmission: RBI")
Households expect inflation pressures to ease; consumer confidence rises
Pessimism about employment conditions dips
 "Households expect inflation pressures to ease; consumer confidence rises")
Policy adjustment: RBI rate cut prudent move in face of global uncertainty
Although uncertainties in the global economy have increased significantly because of a sharp increase in tariffs by the United States, the decision for MPC this week was fairly straightforward
 "Policy adjustment: RBI rate cut prudent move in face of global uncertainty")
RBI lowers FY26 GDP growth forecast to 6.5% on global trade uncertainties
Inflation outlook for India improves on sharp decline in food prices and record wheat and pulse production
 "RBI lowers FY26 GDP growth forecast to 6.5% on global trade uncertainties")
Monsoon 2025: Skymet expects 'normal' seasonal rainfall at 103% of LPA
The LPA for the June to September monsoon months is 868.6 millimetres, according to Skymet, and rainfall between 96-104 per cent of the LPA is considered 'normal'
 "Monsoon 2025: Skymet expects 'normal' seasonal rainfall at 103% of LPA")
Swap markets signal RBI could do more than just a 25-bp rate cut this week
The one-year OIS rate stands around 5.88%, its lowest level since May 2022, while the five-year rate is around 5.71%, its lowest since February 2022
 "Swap markets signal RBI could do more than just a 25-bp rate cut this week")
RBI's MPC meet starts on Monday amid expectations of a policy rate cut
Also, focus will be on liquidity-related measures to boost transmission of policy rates to bank lending and deposit rates
 "RBI's MPC meet starts on Monday amid expectations of a policy rate cut")
New CPI series from February 2026 to include rural housing inflation
The new CPI series with an updated base year is slated to come into effect in February 2026, along with a new series for other macro indicators like GDP and IIP
 "New CPI series from February 2026 to include rural housing inflation")
RBI strengthening financial system amid challenges: Governor Malhotra
Central bank's role has expanded significantly beyond initial mandate, he says
 "RBI strengthening financial system amid challenges: Governor Malhotra")
RBI to work with govt for 'Goldilocks conditions', says Guv Sanjay Malhotra
The RBI shall continue to be supportive to manage excessive volatility without targeting any particular level or band of exchange rate, said Malhotra
 "RBI to work with govt for 'Goldilocks conditions', says Guv Sanjay Malhotra")
Australia to go to polls on May 3, inflation, housing shortage major issues
Albanese drove to Governor-General Sam Mostyn's official residence on Friday to trigger the election and announced the date later at a news conference at Parliament House
 "Australia to go to polls on May 3, inflation, housing shortage major issues")
Q4 results preview: Macro headwinds cloud IT firms' growth outlook
Accenture said last week discretionary spending has picked up in financial services and in the US
 "Q4 results preview: Macro headwinds cloud IT firms' growth outlook")
Russia holds key rate at 21% as inflationary pressure remains high
"The Bank of Russia estimates that the achieved tightness of monetary conditions creates the necessary prerequisites for returning inflation to the target in 2026," the regulator said in a statement
 "Russia holds key rate at 21% as inflationary pressure remains high")
Bank of England holds interest rate at 4.5% as inflation remains high
Minutes from the meeting showed that eight members voted to keep policy unchanged, with one backing a quarter-point reduction
 "Bank of England holds interest rate at 4.5% as inflation remains high")
India's wholesale inflation increases slightly to 2.38% in February
The inflation was led by acceleration in the prices of manufactured goods categories like food products
 "India's wholesale inflation increases slightly to 2.38% in February")
Inflation eases, but RBI may not go for aggressive rate cuts: Economists
India's headline CPI inflation eased to 3.61 per cent in February - the lowest since July 2024 - on the back of a sharp decline in food inflation, mostly due to lower vegetable prices
 "Inflation eases, but RBI may not go for aggressive rate cuts: Economists")
Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan
Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport
 "Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan")
Recession risk: Rising uncertainty casts a shadow over US economic outlook
The New York Federal Reserve runs a "recession probability gauge", which serves to aggregate predictions of recessions. This index has hit its third-highest peak in decades for August 2025
 "Recession risk: Rising uncertainty casts a shadow over US economic outlook")
Home prices to climb faster than inflation this year, rents even more: Poll
Average home prices in India will surge 6.5 per cent this year and 6.0 per cent next, following a rise of about 4.0 per cent last year
 "Home prices to climb faster than inflation this year, rents even more: Poll")