Page 28 - Latest Updates on Inflation
TMS Ep264: End of pandemic, Apple, global equities, Goldilocks scenario
Is the end of the pandemic in sight for India? What is the significance of Apple's 'Make in India' push? Is it time to diversify to global equities? What is Goldilocks scenario? All answers here
 "TMS Ep264: End of pandemic, Apple, global equities, Goldilocks scenario")
What is Goldilocks scenario?
The US Fed is unlikely to breathe easy till the inflation is brought under control. It wants to pull-off a return to 'Goldilocks' while steering clear of recession. What is the Goldilocks scenario?
 "What is Goldilocks scenario?")
Time to diversify to global equities as central banks frontload rate hikes?
Though the recent rally in domestic equities has turned the markets expensive relative to peers, analysts still suggest investors focus on Indian equity markets
 "Time to diversify to global equities as central banks frontload rate hikes?")
Slowdown in West, on balance, would be positive for India: CEA Nageswaran
'Signs are very encouraging' are for the Indian economy, he says in an interview
 "Slowdown in West, on balance, would be positive for India: CEA Nageswaran")
Wall Street drops 1% with all eyes on Fed policy decision on Wednesday
The benchmark US 10-year Treasury yield hit 3.58%, its highest level since April 2011; Ford sees additional $1 bn in inflationary costs, shares fall
 "Wall Street drops 1% with all eyes on Fed policy decision on Wednesday")
Gold prices slip on strong dollar as markets await big Fed rate-hike
Spot gold fell 0.5% to $1,667.33 per ounce by 1224 GMT, snapping two consecutive sessions of gains.
 "Gold prices slip on strong dollar as markets await big Fed rate-hike")
Companies should brace for continued or higher inflation: HUL CEO Mehta
Businesses need to be prepared for possibilities of a continued or higher inflation and deflation of commodity prices in next 2-3 years, Hindustan Unilever CEO and MD Sanjiv Mehta said
 "Companies should brace for continued or higher inflation: HUL CEO Mehta")
World stocks muted, Sweden kicks off salvo of central banks' rate hikes
Sweden's central bank hiked rates by a greater than expected full percentage point on Tuesday and warned of more to come.
 "World stocks muted, Sweden kicks off salvo of central banks' rate hikes")
Does a ban on commodities futures trading help govt solve inflation woes?
Futures trading in commodities has been banned at the drop of a hat despite numerous past committees and panels finding no direct linkage between such trading and price rise
 "Does a ban on commodities futures trading help govt solve inflation woes?")
Indians optimistic on growth outlook amid high inflation: EY study
They are shifting to new brands in search for value, says multi-nation survey
 "Indians optimistic on growth outlook amid high inflation: EY study")
Morgan Stanley revises rate call on RBI to 50 bps on sticky inflation
In the RBI's monthly bulletin released late Friday, the central bank said it will have to front-load its monetary policy to fight high inflation and shield medium-term growth.
 "Morgan Stanley revises rate call on RBI to 50 bps on sticky inflation")
Stagflation-free Asia leaving taper tantrums behind as currencies fare well
The foreign-exchange stockpiles Asian economies built up have helped cushion the impact of this year's market turmoil, which has spurred the largest equity outflows for at least a decade.
 "Stagflation-free Asia leaving taper tantrums behind as currencies fare well")
BSE Mid-cap indices snap 12-week winning streak since August 2020
In the aftermath of the pandemic, the BSE MidCap Index had risen for 14 consecutive weeks, clocking 29% gain
 "BSE Mid-cap indices snap 12-week winning streak since August 2020")
Firms starting to pass on rising costs amid pick-up in demand: RBI study
Report says the gap between output and input prices widened during the pandemic, particularly after the first Covid-19 wave
 "Firms starting to pass on rising costs amid pick-up in demand: RBI study")
Former RBI Governor Rangarajan bats for maintaining hawkish stance on rates
Ex-RBI Governor C Rangarajan advocated maintaining the ongoing hawkish stance by Reserve Bank of India to tame inflation and expected that the rupee will strengthen with resumption of capital inflow
 "Former RBI Governor Rangarajan bats for maintaining hawkish stance on rates")
Global stocks, Wall Street futures lower amid inflation pressure
Wall Street's benchmark S&P 500 index lost 1.1% on Thursday, adding to declines after August inflation stayed near a four-decade high despite four interest rate hikes this year to slow the
Indonesia's fuel price hike affects tourism sector after rising inflation
Indonesia's inflation at the end of August reached 4.6% year on year, slightly lower than the previous month's 4.9%, and both figures exceeded the central bank's target range from around 2 to 4%
 "Indonesia's fuel price hike affects tourism sector after rising inflation")
Crypto wrap: 'Merge' in focus, inflation figures still key, say experts
Bitcoin, the largest crypto token by market capitalisation, was trading at $21,750 on Friday. On Monday, it had briefly hit the $25,000 mark
 "Crypto wrap: 'Merge' in focus, inflation figures still key, say experts")
Biden talks about inflation, Russia-Ukraine war in '60 Minutes' interview
President Joe Biden sat down this week for his first interview of his presidency with the news magazine show 60 Minutes
 "Biden talks about inflation, Russia-Ukraine war in '60 Minutes' interview")
World Bank sees rising risk of global recession in 2023 amid rate hikes
Synchronised interest rate hikes under way globally are likely to continue well into 2023, but might not be sufficient to bring inflation back down to levels seen before the pandemic, the bank said
 "World Bank sees rising risk of global recession in 2023 amid rate hikes")
