Headline inflation number further eases…

The CPI based inflation eased for the third consecutive month and was reported the 5% mark. The headline inflation for the month of Oct’23 came in at 4.87% as compared to 5.02% for the preceding month and 6.77% for the year ago period. A high base and continued easing in core inflation numbers were the […]

The Fed and the Markets

The Fed in the recently concluded FOMC meeting left the policy rate unchanged. This is the second time in succession that the Fed has left the rates on hold. This is an indication of the policy rates reaching more or less the peak levels, and any further up-moves may be small in relation to the […]