Well get into more detail on that in a moment but first, lets Take A Deeper Look now on whats happening with the us economy. According to data out in the last hour prices rose at an annual rate of 2. 5 in august. That was slightly less than the 2. 6 markets were expecting and down from 2. 9 injuly. If we look at Core Inflation though which strips out volatile elements such as Food And Fuel prices were rising at a faster rate 3. 2 . Dr sean snaith, director of the institute for economic forecasting at the university of central florida. Hejoins us now. Welcome. First of all, what a surprise of the cpi taking out volatile Food Energy prices. Does this take 50 Basis Point cut to Interest Rates off the table, when the fed meets later this month . Instead, itll more like 25 Basis Points cut . Was the fed behind the curve . Well, i think 50 points is off the table, personally, and i may be in the minority in which 25 is off the table. I think its a bit too soon to raise the mission accomplish
Godrej Interio: While expanding its product portfolio, it expects to secure a 25 per cent share of the Eco range furniture category in Delhi-NCR by FY25. At present, the brand has a market share of 18 per cent in the organized furniture sector in Delhi-NCR, and hopes to attain a 35 per cent share within the next three years. Also, it aims to generate a revenue of around Rs 450 crore from Northern India by FY26.
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