Moneycontrol Pro Weekender: Jerome Powell and the Wizard of Oz
If Powell succeeds in steering the US economy to a soft landing, it will be a remarkable achievement, and history will know him as the Wizard of the Fed
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If Powell succeeds in steering the US economy to a soft landing, it will be a remarkable achievement, and history will know him as the Wizard of the Fed
Stock markets have been unusually resilient, is there a last straw here? We don’t know.
Thursday’s GDP data followed by Friday’s PMI print support the strengthening of India’s economic outlook. India’s Q2 GDP growth came in hot at 7.6 percent, much higher than the RBI’s estimate of 6.5 percent. If the central bank could get it so wrong, maybe forecasters could console their own misses.
The Finance Ministry monthly economic review says increasing exposure of retail investors to mutual funds and equities has resulted in a wealth effect, supporting consumption
It's that time of the year when economists and market strategists start making their forecasts for the year ahead