US rates, Dollar & Crude: How a rare trinity could pose a significant macro challenge to India
New Delhi: A rare trinity of rising crude oil prices, a strengthening dollar, and hardening US interest rates could pose a significant macroeconomic challenge to emerging markets, including India, say economists. The US 10-year treasury yield hit a 16-year high on Monday and was perched at 4.67%, at the time of going to press on … Read more