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If the Fed is deterred from cutting interest rates, freight demand could tumble just as carriers start regaining pricing power. The post Red Sea trouble threatens US freight recovery appeared first on FreightWaves.
The slide in inflation that gathered pace at the end of 2023 has begun shifting attention at the U.S. Federal Reserve to the health of the job market, with officials increasingly attuned to the risks of keeping monetary policy too tight for too long and watching for evidence of stress in business hiring plans. The monitoring ranges from focused talks with local executives about whether layoffs are anticipated for the year, to a closer look at what industry employment patterns say about the health of the job market overall, and an ongoing debate over whether still-elevated wage growth risks re...
Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged at 6.5 per cent for the fifth time in a row as it...
Airlangga Hartarto highlighted several risks arising from the unstable geopolitical situation that will affect Indonesia's economy.
Ashwini Kumar Tewari, MD of SBI, stated that the RBI Monetary Policy is a continuation of previous statements and the growth projection remains strong. He mentioned that the credit growth continues to be strong and there is evidence of growth on the ground in terms of sanctions, disbursements, and new projects. Tewari also highlighted the risks from the external sector, such as geopolitical risks and financial tightening in Western markets. He emphasized that the RBI does not strictly follow the actions of the Fed and takes its own independent stance.