RBI / MPC kept all rates unchanged as expected. The surprise here was rather external MPC member Prof. Varma voting […]

The interim budget today took another big step forward in the remarkable journey of macro-economic stability that has been underway

The MPC kept rates and stance unchanged with the expected one dissent. The Governor flagged global risks from debt overloads

Let’s start with the obvious: price is determined by demand vs supply. In the case of bonds, yields will fall

Another year is gone and the mandatory pen to paper needs putting to reflect and forecast. But if we make

The MPC kept repo rate and stance unchanged in the policy review as was widely expected. Unlike recent previous policy

As they say, history doesn’t repeat itself but often rhymes. As we approach 2024 having seen high inflation followed by

There have been three important phases in the Fed’s rate cycle campaign since last year, in our view. The first

1. Global policy rate peak: The December Fed pivot marked the official peak to the global rate cycle. While the

Probably the most noteworthy feature of India’s recent macro-economic dynamics has been the increase in the trend rate of our