The address of the Fed Chair at Jackson Hole was on ‘monetary policy and price stability’. There was nothing much that was unexpected in the speech except that it scaffolded in an unusually emphatic way the importance of price stability, that is, lower inflation, as a prerequisite for sustainable economic growth. In an invariably divided […]
One of the means by which a higher yield can be captured for the debt investment portfolio is to invest into mutual fund schemes that have State Development Loans as the underlying asset. These investments have multiple advantages. (a) The SDL portfolios have yields in the range of 7.40% to 7.80% depending upon the state […]
The government borrowing program is completed to the extent of a little more than a third of the total primary issue planned for the year. While the average issue of securities continues to be around Rs.32,000 Crs per week, the liquidity in the system has come down drastically to Rs.1.50 lakh Crs. The overnight rate […]
The many pains which enveloped the equity markets seems to be waning although at a sluggish pace. The obvious factors that triggered a fall in the markets were the uncertainties around the economy and the markets. These uncertainties were due to high commodity prices, the trajectory of inflation, the liquidity normalization policies of the central […]
In June the US retail prices rose by 9.10%, the highest level in almost four decades. This rise is despite the last three hikes in the base rate. Therefore, the objective of countering the rising inflation, and bringing it back to the Fed’s target level of 2% remains uppermost in the Fed’s mind. It was […]
The CPI based inflation eased marginally and was reported at 6.71% for the month of Jul’22, as compared to 7.01% in the preceding month, and 5.59% during the year ago period. The easing of food inflation was the key contributor to the softening of headline inflation. Core inflation too witnessed a move similar to the […]
With the advancement in healthcare and medical science, our life expectancies have increased. However, ageing comes with other problems such as Alzheimer’s, Parkinson and other cognitive disorders leaving one in a position where they cannot manage their assets and financial investments. In such a state of incapacitation, planning for it is an essential area of […]
