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…