Fed’s steep rate normalisation path will push RBI also into action - Economic Times

Given the slim window the Fed now has to dial down from the historically high inflation quickly, the margin of error for Feds gambit is exceedingly narrow.

The US Federal Open Market Committee (FOMC)s statement characterises an emergency-level response to runaway inflation at 8%, a 40-year high. Far beyond the initial misplaced assessment of inflation b… [+4821 chars]

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