As a result, the risk-on strategy will come in. In other words, we anticipate increased FII investment in India and expect the rupee to appreciate. We would not be surprised if the rupee were to fall below the 80 levels in 2023.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed