Given the huge uncertainty of what Trump wants to do and what he can actually do, it is likely that the Fed will remain sometimes behind and sometimes ahead of the inflation curve. This could prevent any further substantial d
When he won the election in a landslide, his popularity was off the charts; like a fool, even I believed that since his clear dream was to be remembered as India’s greatest leader, he would have to do only the right things.
A couple of weeks ago, when there was a press story that the commerce minister was meeting with the finance minister to discuss devaluation of the rupee, my instinctive reaction was “Nonsense!” I was referring to the fact
The volatility of the rupee has been subdued for some time now, with its long-term average hovering at a 10-year low of around 5%. Governor Rajan has made it clear that he believes keeping volatility low will...