Weak Monsoon Forecast Adds to India’s Inflation, Growth Worries

The biggest risk is to rural consumption, a key driver of economic growth.
Source
Bloomberg Markets
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The biggest risk is to rural consumption, a key driver of economic growth.
Source
Bloomberg Markets
Opens original article in a new tab

The European Central Bank can no longer look through the inflationary impact of the war in Iran as price pressures spread beyond energy and the risk of unanchored inflation expectations rises, according to Executive Board member Isabel Schnabel.
Former Fed Chair Jerome Powell on Sunday called the Federal Reserve’s independence “a priceless asset” that must be protected, in one of his first major speeches since stepping down from his post earlier this month.
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