1.  The defining feature of the post Covid  global macro cycle was the staggeringly large fiscal and monetary stimulus administered […]

The policy was along expected lines in terms of action with the MPC delivering a 50 bps hike, taking the

1. More pronounced signs of economic breakage It is evident now that economic growth is slowing appreciably around the world.

Many countries, particularly in the developed world, are now looking at an economic slowdown ahead in the face of policy

There has been a sharp repricing in policy rate hike expectations by central banks in many major markets since the

MPC hiked repo rate by 50 bps to 4.9% as was widely expected by the market. However given that recent

In a surprising turn of events, RBI / MPC made an intermeeting decision to hike repo rate by 40 bps

The government announced a series of steps aimed at providing some relief against the unprecedented commodity price shocks being felt

Our reading of RBI’s characterisation from the last two policies was that it considered the total monetary and fiscal responses

The dramatic geopolitical developments of the past couple of weeks, and the consequent commodity price shock to the world, represent