Retail inflation likely to ease by December: finance secretary
Wednesday, 4 October 2023 India's finance secretary, T V Somanathan, has stated that retail inflation is expected to ease by December due to more favorable seasonal factors. Despite remaining above the central bank's tolerance band, inflation has decreased from a 15-month high in July. Sharp increases in food prices have been a major contributor to inflation due to adverse weather conditions.
Gillian Keegan insists that the Conservative Party remains focused on its objective of bringing down inflation before concentrating on growing the economy.
Discussing cutting taxes, the education secretary asserted “everybody wants tax cuts, but you need inflation to come down first, otherwise any...
Fed Monitoring the Economy , as Powell Hints at , More Rate Hikes .
Yahoo Finance reports that Federal Reserve Chair
Jerome Powell warned that more interest rate hikes may
be on the horizon, as..
Credit: Wibbitz Top Stories Duration: 01:31Published