Upcoming Event
Governance In Our Ancient Texts
02-Dec-2022
Recent Event
ASSOCHAM & EGROW 24th SMPC on Sep 24, 2022
Key Takeaways
- The war in Ukraine continues to contribute to price volatility and higher inflation globally
- Aggressive Monetary Policy tightening is underway, especially across the Advanced Economies
- The inflation in the US was caused primarily by their expansionist monetary policy history, while in the UK, fiscal policy is responsible.
- Agressive rate hikes, especially in the US, have rattled the exchange rates across the world
- India’s growth trend to remain steady in the near future, with inflation staying within manageable limits
- Increasing focus on reducing interest rate differentials between US and India will prompt RBI to follow Fed’s path in rate hikes
- Weather uncertainties could impact growth
- Recession could be expected by year-end
