It may just be a coincidence that the Reserve Bank of India (RBI) announced the rate-cut decision of its Monetary Policy Committee (MPC) on 9 April, the day that the US imposed āreciprocal tariffsā: i.e., additional ad-valorem import duties at higher-than-baseline rates aimed at a group of targeted countries, including India.Ā Yet, this global backdrop…
(We’ve rebranded Morning Bid Asia as Trading Day to offer you more in-depth analysis and commentary on global markets. I’ll help you make sense of the key trends moving markets just as the U.S trading day is ending and Asia’s morning is getting started.) ORLANDO, Florida, March 5 (Reuters) – Making sense of the forces…
Life is normal again. Economic activity in most countries is humming, much as before.Ā However, the costs of the global economic disruption are still evident in government finances. The massive intervention to support households, firms and national economies was inevitably costly.Ā Global public debt is now more than $100 trillionāand still rising. This is the…
