The finance minister may announce a new five-year mission and create a competition fund to incentivise urban reforms. States will be able to tap into the fund if they achieve certain benchmarks like covering 20% of expenditure through collection of user charges.
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