India’s real GDP growth number for October-December 2023 is forecast to grow 7.0% YoY, according to Deutsche Bank.
The RBI has estimated Retail Inflation for FY25 at 4.5%, with Q1 at 5.0%; Q2 at 4.0%; Q3 at 4.6%; and Q4 at 4.7%.
Kansas City Fed President Jeffrey Schmid said the central bank is not out of the woods yet on too high inflation and there is no need to preemptively cut interest rates.
New York Fed President John Williams warned last week about the possibility of early rate cuts, adding that the central bank is on track to lower borrowing costs later this year.
Fed Governor Christopher Waller said the central bank should delay rate cuts by at least a few more months to see more evidence of inflation data.
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