Anwar Is Fighting Rising Prices With Targeted Subsidies
adminNevertheless, Anwar has said he plans to introduce a programme that will include targeted subsidies that would reach out to the less fortunate citizens.
The Fed Will Now Slow The pace Of Monetary Policy Tightening
Powell's mistake was on full display in June when he linked the acceleration of Fed hikes – from 50 to 75 bps – to higher-than-expected CPI inflation for May
Global Macro Views – Is there a Fed pivot?
Substantial tightening is in the pipeline, and against the backdrop of mounting global recession risk the Fed’s signal of less urgency is the right path
This Is How Emerging Markets Will Survive The Recession
The resulting spike in both energy and food prices was good news, says IIF, for many emerging markets but with inflation and recession on the cards, how will the EMs…
The Strength of The Japanese Yen
The BOJ added fuel to the fire in this Japanese Yen weakness with unprecedented QE purchases of JGBs, thereby underscoring its commitment to YCC.
U.S. Inflation Rises To Highest Annual Rate Since 1981
The higher inflation was driven by across various prices including foods, energy, housing, apparels, education, medical care, and transport.
‘More Restrictive’ Policy If inflation Fails To Come Down
In the latest minutes of meeting, the Fed remained committed to combat inflation even if GDP growth to record slower than initial projection, +1.7% vs. +2.8%.
Inflation: This Is How Central Banks Will Fight The Beast
The ECB could move ahead with a 50bps hike in September as it battles the inflation beast and this is likely to favour euro bulls
US Consumer Confidence Slumps To Lowest Level In 16 months
The weaker confidence signals consumers would hold back their spending plans, especially for big-ticket items.
Fed Messed Up With Its Inflation Estimates
The FED calculated the risks of inflation on subjective elements such as society finishing COVID-19 by the end of this year or people flocking back to work due to vaccination…