All Posts Tagged With: "Reserve Bank Of India"
BRICs Reel Under Rising Inflation
Editor’s Note: “Don’t look now… but the BRICs are falling,” says The Sovereign Soceity’s global investment expert Mike Burnick.
Mexico Joins the Global Battle Against Inflation with Surprise Rate Cut
Mexico’s central bank unexpectedly raised its benchmark interest rate by a quarter percentage point to 7.75% Friday, warning that the rate of inflation may exceed its previous forecast.
India and Other Emerging Economies Continue to Struggle With Inflation
India’s wholesale price index rose 7.82% for in the week ended May 10, the Ministry of Commerce and Industry reported. It marked the 13th straight week that the inflation rate has been above the central bank’s 5.5% target, highlighting the increased pressures many developing nations are under given soaring commodities prices.
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