Economic Lessons from Regional Actors dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Monetary policy tightening through interest rate hike is nearing its end in Asia, said Morgan Stanley, as the inflation in the region is mostly cost-push meaning supply chain-led in nature.
In India too, the Monetary Policy Committee (MPC) of the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent. Since May last year, the RBI has increased the short-term lending rate by 250 basis points to contain inflation.
NEW DELHI, Feb 16: Monetary policy tightening through interest rate hike is nearing its end in Asia, said Morgan Stanley, as the inflation in the region is mostly cost-push — meaning supply chain-led — in nature. “This is informed by our perspective that Asia’s inflation is most cost-push in nature and so central banks do not have to take rates deeply into restrictive territory,” Morgan Stanley said in a report titled ‘The Viewpoint: The Tightening Cycle Is Peaking’ authored by […]
Confidence strong for China s fast recovery | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.