Stagflation: Have the central banks scheduled a rerun of That 70s Show?

Stagflation: Have the central banks scheduled a rerun of That 70s Show?

2022 is beginning to look a lot like the 1970s. Raging oil prices, hawkish central banks and the mood on the Street point to stagflation, which occurs when an economy experiences rising inflation, slowing growth and increased unemployment at the same time. A recent fund manager survey by the Bank of America sees stagflation expectation … Read more

India’s inflation may accelerate past RBI target

India’s inflation may accelerate past RBI target

India’s retail and wholesale inflation will probably accelerate during the second half of this year, according to economists surveyed by Bloomberg. The wholesale price index is expected to continue to grow in double-digits, at 10.71% from a year during the July-September quarter, up from the previous forecast of 10.12%, before slowing to 9.13% in the … Read more