India’s battle against inflation isn’t over yet, according to a report by the Reserve Bank of India. An uptick in food prices during June, led by tomatoes, was attributed to the onset of the monsoon season and corroborates the monetary policy committee’s decision not to abandon inflation fighting measures. India needs to focus on supply side management to contain overall inflation volatility, the report noted.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend