The Federal Open Market Committee unanimously decided to raise the federal funds rate to 5-5.25%, a level unseen since the global financial crisis. Read more »
Despite some obvious benefits, political pressures and difficulty in arriving at consensus act as hurdles to global fiscal coordination. Read more »
By launching the FTA talks, India has chosen to ignore the concerns of the Western countries that have urged India to distance itself from Russia. #Russia #FTA #Indiaeconomy Read more »
Coordinated monetary policy can foster global economic growth and improve economic stability, but it affects trade differently than fiscal policy. Read more »
The Global Trends and Prospects report by UNCTAD says the travails of the world economy will linger as the world reels under a financial turbulence. #worldeconomy #recession Read more »
The optimism around the Indian economy is despite the fact that it recorded a slow growth rate of 4.4% in the third quarter of 2022-23. #indianeconomy Read more »
The future of crude oil prices is dependent on the outcome of the Russia-Ukraine war -- an early end to the crisis may lead to the softening of prices. #crude #OPEC+ #oilprices... Read more »
Despite reforms aimed at giving developing countries greater voice and representation, western dominance remains a significant challenge for multilateral development banks. Read more »
RBI has taken a pause after a series of repo rate hikes amounting to 250 basis points, in view of the uncertainties facing the global economy. Read more »
Maharashtra, Tamil Nadu, Uttar Pradesh, Gujarat, and Karnataka will contribute more than half to $5 trillion economy dream. #India #GDP #$5trillion Read more »