The US Federal Reserve monetary policy meeting this week has turned from a snooze fest into a test of the institution’s control of the narrative it sought to promote in markets: that the current spike in inflation in transitory.
How the Fed responds has implications not only for its policy credibility but also for President Joe Biden’s economic reforms and global financial stability.
Developments on the ground have pinned the Fed into a corner of its own making as a...
Moneycontrol Pro Panorama | Tech sneezes, Indian market catches a cold
Jul 28, 2021 / 03:52 PM IST
In today’s edition of Moneycontrol Pro Panorama: The brewing tech trouble, Fed’s roll of dice, the Byju interview, IndiGo on growth runway, Rolex Rings IPO, China’s steel headache, US’ liquidity issue, and more