3Q Wealth

CPI AND IIP

India witnessed a 15-month high in retail inflation, reaching 7.44%, surpassing the tolerance threshold set by the Reserve Bank of India (RBI). India witnessed a 15-month high in retail inflation, reaching 7.44%, surpassing the tolerance threshold set by the Reserve...

RBI

RBI pauses for a second time in a row; the repo rate remains at 6.5%. RBI pauses for a second time in a row; the reporate remains at 6.5%.9th June, 2023SummaryThe Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) in its second bi-monthly monetary policy...
US FOMC Meet Highlights – June 2023

US FOMC Meet Highlights – June 2023

   FOMC MeetingJune 15, 2023 Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) decided unanimously to keep the Fed funds rate or the benchmark US interest rate at which the Fed lends money to commercial banks unchanged at...

Retail inflation spikes to 4.81% in June

July13, 2023CPI JuneAfter declining to a 25-month low in May, India’s retail inflation increased in June. Prices for food had a major role in the recent spike, which is anticipated to continue in the next month. According to information issued on Wednesday by...