- India's CPI inflation likely eased to a five-month low of 4.91% in March but remains above the Reserve Bank of India's (RBI) 4% medium-term target as food price rises persist, per economists polled by Reuters.
- RBI Governor Shaktikanta Das said that food price volatility remains a concern as it impacts millions of poor households already heavily dependent on government food subsidies.
- The RBI said that it can manage huge inflows with ease, which means it will be able to buy Dollars and ensure that appreciation is not beyond a certain level.
- RBI stood out with its continued accumulation of gold reserves. Weekly data from the RBI revealed a 6-tonne increase in gold holdings in February alone.
- The Indian central bank continues the accumulation of gold reserves. The weekly data from the RBI indicated that gold holdings rose by 6 tonnes in February alone.
- Minneapolis Fed President Neel Kashkari noted that he penciled in two interest rate cuts this year but if inflation continues to stall, no rate cuts would be a possible scenario.
- Investors have priced in the 50% chance of rate cuts below 50% in June, from about 57% a week earlier, according to the CME’s FedWatch tool.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
喜歡的話，讚賞支持一下
暫無留言。 來發表第一則觀點吧。