Strong jobs report shows growth
Digest more
U.S. employers add 172,000 jobs in May
Digest more
For the first time in three years, inflation is once again outpacing wage growth in the United States. Consumer prices rose 3.8% annually in April 2026, while average hourly earnings increased by just 3.
ET Now on MSN
Why is RBI courting foreign capital? Systematix says it reflects growing concerns over growth, inflation and rupee
Systematix argues that the RBI's latest measures to attract foreign capital reflect growing concerns over slowing growth, rising inflation, rupee weakness and pressure on India's external accounts.
India's central bank faces one of the toughest interest rate calls in recent memory this week, as the Middle East energy shock, a slumping currency and a weak monsoon risk both crimping growth and stoking inflation.
The European Central Bank will likely revise its inflation and growth forecasts next month reflecting the darkening outlook from the Middle East conflict, its chief economist
This morning’s GDP numbers were very disappointing, with only a 1.6% increase in the first quarter,” said Chris Zaccarelli of Northlight Asset Management.
The RBI has kept the repo rate unchanged at 5.25% and retained its neutral stance, signaling caution amid rising inflation risks and global uncertainty. While borrowing costs remain stable for now, the central bank has lowered growth forecasts,
Inflation jumped in April while the euro zone economy expanded a meager 0.1% in the first quarter of the year, data showed on Thursday.
RBI kept repo rates unchanged but raised inflation projections as oil prices, rupee pressures and global uncertainty intensified.
The United Nations has lowered its forecast for global economic growth and raised the prospects for inflation in response to Middle East crises and rising oil prices.