“Even if inflation is at 5.1%, food inflation is at 30%. For someone spending 50% of their income on food, that 30% food inflation is hitting them significantly harder despite government programmes like PM Gareeb Kalyan Yojana providing some relief,” Basu said at a Delhi School of Economics event to mark its 75 years of existence.
Ed Yardeni expects 25 basis point Fed rate cut this week
Economist Ed Yardeni anticipates ongoing US trade tensions under President Trump, viewing tariffs as a negotiation tool. He notes the US economy’s resilience with strong
December 9, 2025