Two months into the U.S.-Iran war, India is experiencing a classic external supply shock that is depressing growth and elevating inflation. India enters FY27 with exceptional structural economic advantages: 7.6% growth in its economy, reduced U.S. tariffs, a strong services export base of $418 billion, and healthy foreign exchange reserves … … READ MORE >
Market Minute: Why some countries have reduced their Treasury holdings
The decreases in foreign holdings of Treasury securities has less to do with decline in the dollar’s status and more to do with the particular needs of individual economies. … READ MORE >
Reserve Bank of India set to hold rates steady
While the Indian economy entered the year with significant momentum, the shock resulting from the war in Iran has effectively closed the window for further monetary policy accommodation. … READ MORE >