Monetary policy will not have to be in conflict with fiscal policy in India, as opposed to other economies, says K V Subramanian
The recent rise in Covid-19 cases and the emergence of the Omicron variant pose downside risks to US employment and economic activity, Powell said
The idea that a bank's lending function must be separate from its monetary function is gaining traction in the US
A screenshot of this obscure but important facility's daily usage is religiously uploaded to a Reddit forum called Superstonk
While the Fed is sounding alarms about high asset prices, some economists have said the central bank's own policies are behind much of the surge.
The Fed has signaled it will likely begin next month to taper its $120 bn in monthly purchases of Treasury bonds and mortgage-backed securities
Analysts said the inflationary pressure seen by companies such as HUL and Nestle India have made the Street temper down its earnings growth expectations
Says forex reserve are adequate and inflation is down, but must be watched due to supply bottlenecks; cuts potential medium term growth by 25bps to 6% due to Covid impact
Even with growth tipped to surpass 6% this year and a "taper" in sight for the Fed's bond-buying programme at the end of this year, 10-year yields are still stuck at just above 1.3%
An economic recovery fueled by vaccine rollouts across the country and a $1.9 trillion stimulus package pushed through by the Biden administration earlier this year is expected to drive banking profit
The consumer price index increased 0.9% last month, the largest gain since June 2008, after advancing 0.6% in May.
As the threat of inflation returns, the Fed and others adjust their messages - why not the RBI?
A sharp drop in the rupee - which fell 76 paise against the dollar - also sapped risk appetite, traders said.
Almost all developing Asian currencies were lower against the greenback after Fed released forecasts that showed officials anticipate two interest-rate increases by end of 2023, sooner than thought.
US gold futures were down 2.6% at $1,812.20 per ounce.
On Tuesday, gold prices hit their highest level since January 8 at $1,916.40
Say volatility in India and other markets due to inflationary pressure in the US likely to be transitory
The consumer price index increased 0.8 per cent from the prior month, reflecting gains in nearly every major category and a sign burgeoning demand is giving companies latitude to pass on higher costs
Spot gold was flat at $1,780.90 per ounce by 0957 GMT.
Repo and Treasury bill rates have been flirting with zero since the beginning of the year as reserve balances at the central bank swell