Ten of the 14 states that are headed for elections over the next two years have inflation above the RBI’s upper tolerance limit of 6%. According to an ET analysis, inflation rates in nine of them are nearly twice what they were five years ago, when elections were last held there.
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