Money Strategy: International & Local
The US Fed is struggling to reach its 2% CPI target. The strong US economy and Ukraine export concerns have made things even more complicated. It looks like there will be an increase of 50 basis points in rate hikes. In India, both the Fed and RBI have taken action to slow down post-Covid expansion. The RBI's strategy is working well.
became even more crucial. The Fed has been trying to control a big inflation problem since 2021. They raised the rate 10 times in the past year. Now the short rate is at 5 to 5.25 per cent. Russia invaded Ukraine in February 2021, adding more strain to the global economy. As a result, it's important to use inter-disciplinary thinking to understand how everything is connected.
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