What's the Right Interest Rate for the Fed Anyway?
Standard models watched by economists at the Federal Reserve and elsewhere suggest that interest rates should now be lower.
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Standard models watched by economists at the Federal Reserve and elsewhere suggest that interest rates should now be lower.
This article discusses the macroeconomic background against which the interim budget was set, including India's growth rate in H1 FY24 and the slowdown in global economy and public investment. It highlights the contraction in industrial production and the decline in inflation. It also emphasizes the urgent issues of public sector's debt dynamics and the need for fiscal consolidation.
US Fed outcome today: The US Federal Reserve's policy meeting will conclude on Wednesday, with experts anticipating rate cuts starting in May or June.
The US Federal Reserve is expected to maintain the federal funds rate unchanged at the conclusion of its monetary policy meeting. Investors are focused on the Fed's stance on quantitative tightening and its guidance on rate cuts in 2024. Recent economic data showed strength in the US economy, but the battle against inflation continues.
The reason companies aren’t taking on new employees is what matters for the job market.