Rate hikes

GST rate hikes and chaos of clarifications

The fact that Finance Minister Nirmala Sitharaman had to step in with a series of 14 tweets to clear the picture illustrates the state of drafting and explanatory communication.

published on : 24th July 2022

Ongoing rate hikes won’t lower headline inflation, which will remain elevated throughout FY23

Empirical evidence shows that inflation above 6% is unambiguously harmful for growth, so RBI will remain hawkish. But how much more tightening is in store? 

published on : 26th June 2022

Gearing up for rate hikes and spillover effects

The year 2022 makes one recall the 2008 crisis when policymakers across the world got together with their staff to discuss responses to a major financial challenge.

published on : 2nd May 2022