Page 29 - Latest Updates on Inflation
A question of compliance
Data limitations should not be an escape clause for not honouring obligations under the inflation targeting regime
 "A question of compliance")
Gold ticks up on weaker dollar, tamer than expected inflation data
Gold prices inched higher on Monday, as the dollar eased and tamer-than-expected US inflation data allayed fears of an early monetary policy tightening by the Federal Reserve
 "Gold ticks up on weaker dollar, tamer than expected inflation data")
Bank of England maintains interest rate despite rising inflation
The Bank of England (BoE) has announced an unchanged interest rate at 0.1 per cent, despite prediction of inflation being temporarily above its 2 per cent target in the months ahead
 "Bank of England maintains interest rate despite rising inflation")
Congress to launch 10-day nationwide protest against price rise
The Congress Party will launch a 10-day nationwide agitation against inflation from July 7.
 "Congress to launch 10-day nationwide protest against price rise")
US Federal Reserve's mixed messages on inflation unsettle investors
Investors have been struggling to interpret signals from the Federal Reserve about how hot it is willing to let inflation run before it begins unwinding pandemic-era monetary stimulus
 "US Federal Reserve's mixed messages on inflation unsettle investors")
Asian shares tread water, markets eye US Fed's inflation statements
Asian shares marked time on June 24, with China nudging lower, while the United States dollar held below an 11-week high as investors reassessed US Federal Reserve statements on inflation
 "Asian shares tread water, markets eye US Fed's inflation statements")
The limits of central banking 'toolkit'
The change in the Fed's forecast and a possible shift in policy is perhaps a good time to review how central banks - including the RBI - responded to the crisis, and debate future possibilities
Only savvy investors should enter into floating-rate funds: Analysts
Select a debt fund whose average duration is lower than the investment horizon
 "Only savvy investors should enter into floating-rate funds: Analysts")
Fed will not raise rates on inflation fears alone, says Jerome Powell
Fed will watch broad set of labor market data, says Powell
 "Fed will not raise rates on inflation fears alone, says Jerome Powell")
Best of BS Opinion: Mobility is not enough, upsurge in GST revenue & more
Here are the top BS Opinion pieces of the day
 "Best of BS Opinion: Mobility is not enough, upsurge in GST revenue & more")
Caution on inflation
RBI's primary mandate should remain inflation targeting
 "Caution on inflation")
Inflation risk going forward? Even a top economist says it's complicated
Two months of sharply rising prices have raised concerns that record-high government financial aid and the Federal Reserve's ultra-low interest rate policies have elevated the risk of inflation
 "Inflation risk going forward? Even a top economist says it's complicated")
Statsguru: 6 charts explain why inflation risk is growing for the economy
Bloomberg's commodity index is also trending 46 per cent higher
 "Statsguru: 6 charts explain why inflation risk is growing for the economy")
The RBI as outlier on inflation
As the threat of inflation returns, the Fed and others adjust their messages - why not the RBI?
 "The RBI as outlier on inflation")
Best of BS Opinion: 30 years after 1991, NDA's Bermuda Triangle & more
Here are the best of Business Standard's opinion pieces for Saturday
 "Best of BS Opinion: 30 years after 1991, NDA's Bermuda Triangle & more")
NDA's Bermuda Triangle
The government has to generate a huge amount of employment without giving an upward push to inflation, while keeping subsistence spending intact
RBI will stick to pushing economic growth at this stage: Deputy guv MK Jain
"The inflation concerns are valid but we have to prioritise growth at this stage", deputy governor MK Jain said at a webinar
 "RBI will stick to pushing economic growth at this stage: Deputy guv MK Jain")
MPC chose loose policy to nurse growth, felt inflation wasn't demand-driven
Loss in momentum of activity could be temporary and restricted to the first quarter of FY22, RBI governor Shaktikanta Das is quoted to have said in minutes of MPC meetings
 "MPC chose loose policy to nurse growth, felt inflation wasn't demand-driven")
MPC: Support from all sides needed to nurture economic recovery, says Das
RBI governor said pace of vaccination and the speed with which the second Covid wave can be brought under control will have considerable bearing on the inflation trajectory, show MPC minutes
 "MPC: Support from all sides needed to nurture economic recovery, says Das")
All you wanted to know about Chris Wood's investing strategies
Investors should stick with the pro-cyclical commodity trade, particularly energy, Wood said
 "All you wanted to know about Chris Wood's investing strategies")
