Moneycontrol Pro Weekender | Consumer confidence at all-time low while inflation expectations spurt
Dear Reader,
While both growth and inflation numbers are being rapidly revised higher for the developed economies, RBIs Monetary Policy Committee has lowered its growth estimate for the current fiscal year and slightly raised its inflation forecast.
The hot topic in global markets is all about a strong recovery accompanied by a resurgence of inflation and whether the US Fed would be forced, much against its will, to start withdrawing its monetary methadone, although Fridays lower than expected US…
