RBI likely to pause on rate cuts on Aug 6 due to spike in inflation
The general expectation is that the rise in inflation has been due to supply shocks while demand pressures will remain leading to lower inflation by Q4 of FY21.
Moratorium, growth-inflation puzzle, one-time loan recast: RBI's 3 big dilemmas today
"Rate cuts so far have had little impact on demand stim...
Fear of liquidity-fuelled inflation irrational: Motilal Oswal
In India, the central bank has sought to keep inflation within a 4% band.
Inflation dog may finally bark, investors bet
Market-based gauges suggest an uptrend in prices may not trouble investors for years.
RBI keeps repo rate unchanged at 4%, maintains accommodative stance
Various economists had expected the central bank to overlook a 6 per cent-plus inflation rate and bat for reviving growth with a 25 basis points repo rate.
RBI move judicious, forget rate cut at least till Oct, say analysts
The central bank has already reduced the repo rate by a total of 115 basis points since February, on top of the 135 basis points in an easing cycle last year, from 6.50 per cent.
Inflation likely to be elevated in second quarter: RBI Governor Shaktikanta Das
The RBI's monetary policy committee today unanimously decided to leave the policy repo rate unchanged at 4% and the reverse repo rate at 3.35% against a backdrop of rising inflationary pressure and a grim economic outlook.
Dollar bounces as gold bulls take a breather
Buyers crept out of the woodwork following a pullback in the gold price halfway through the Asian session, lending the greenback support.
Global shares take comfort in endless stimulus, Fed policies
Nations around the globe are announcing new travel curbs amid a fresh wave of the coronavirus, a setback to hopes for a "V" shaped economic recovery.
Consumer inflation at 5.84% in March
The office retained the food inflation estimate at 8.76%.
Retail inflation for farm workers, rural labourers eases in June
"Point to point rate of inflation based on the CPI-AL (Consumer Price Index-Agricultural Labourers and CPI-RL (Consumer Price Index for rural labourers) decreased to 7.16 per cent and 7.00 per cent in June 2020 from 8.40 per cent and 8.12 per cent, respectively in May 2020," the ministry said.
Retail inflation for industrial workers eases to 5.06 per cent in June
Retail inflation for industrial workers measured in terms of Consumer Price Index for Industrial Workers (CPI-IW) for June 2020 increased by 2 points and stood at 332.
Inflation could surge to 12% on second stimulus, says Rabobank
Rabobank estimates that inflation could surge to an average of 12% in 2021 if the RBI was to finance a second stimulus package of $270 billion, a similar amount to what was announced in the first spending plan earlier this year.
The Fed is setting the stage for a major policy change
The Fed’s traditional Phillips curve approach to forecasting inflation, which relies on the theory that inflation accelerates as unemployment falls, was widely criticized during the most recent economic recovery.
Retail Inflation above 6% in June, economists expect further rate cuts
Inflation, as measured by the CPI, was 6.09% in June, up from 5.84% in March, the last official headline inflation number released by the govt, even as food inflation cooled to a nine-month low of 7.87% in June from 9.2% in May. As per experts, a decline in demand has not had any impact on prices and inflation has hardened on supply side disruptions.