The US Federal Open Market Committee (FOMC) cuts the federal funds rate range by another 25 basis points (bps) to 4.25-4.50% in the December 2024 meeting. The FOMC Dot Plot projects 50 bps of rate cuts in both 2025 and…

India’s Consumer Price Index (CPI) inflation eased to 5.48% YoY in November 2024 from 6.21% in the previous month. The decline in headline inflation was largely driven by a fall in food inflation to 8.2% YoY in November 2024 from…

The RBI Monetary Policy Committee (MPC) decided to maintain the repo rate at 6.5% in the December 2024 meeting, with the monetary policy stance also remaining unchanged. However, the RBI reduced the Cash Reserve Ratio (CRR) by 50 bps, injecting…

India’s Q2FY25 GDP growth slowed to a seven-quarter low of 5.4% YoY, down from 6.7% YoY in the previous quarter. The figure was significantly below market expectations. Nominal GDP growth fell to 8.0% YoY from 9.7% in the previous quarter….

Panorama November 2024 edition is out now! Panorama is a meticulously crafted report that offers a comprehensive view of the macro factors and market trends shaping India’s economic landscape. Here are the key insights from the report: In October 2024,…

In October 2024, India’s Consumer Price Index (CPI) inflation surged to a 14-month high of 6.21% YoY from 5.49% in the previous month. The increase in headline inflation was largely driven by a rise in food inflation to 9.7% YoY…

The US Federal Open Market Committee (FOMC) cut the Federal Funds Rate by another 25 bps to 4.50%-4.75% in the November 2024 meeting. In the post-policy press conference, Federal Reserve Chair Jerome Powell indicated that the election won’t affect near-term Fed…

Panorama October 2024 edition is out now! Here are the key insights from the report: India’s unemployment rate held steady at 3.2% in 2023-24. The rural unemployment rate rose to 2.5% from 2.4% the previous year, while the urban rate…

In September 2024, India’s Consumer Price Index (CPI) inflation picked up to 5.49% YoY from 3.65% YoY in the previous month. The increase in headline inflation was largely driven by a rise in food inflation to 8.4% YoY in September…

In the October 2024 meeting, the RBI Monetary Policy Committee (MPC) decided to hold the repo rate at 6.5%. However, the monetary policy stance was changed to ‘neutral’ to provide policy flexibility to the MPC. The MPC stressed that it…