Global Economy

06 -11 June, 2022

US Inflation at 8.6% in May 2022 Surges Past Four-decade High Record

Dr. Debesh Roy, Chairman, InsPIRE

The U.S. consumer inflation surged ahead to touch a more than four decades high of 8.6% annual rate in May 2022, due to spiraling energy and food prices

Read more

18 – 24 April, 2022

IMF Downgrades Global Growth Projections

Dr. Debesh Roy, Chairman, InsPIRE

The International Monetary Fund (IMF) in its April 2022 edition of the World Economic Outlook (WEO) has projected the global economy to slow down sharply from 6.1 percent in 2021 to 3.6 percent in 2022 and 2023

Read more

27 September – 02 October, 2021

Strong Global Recovery on the Cards: India Set to Regain its Numero Uno Position

Bijetri Roy, MD & CSO, InsPIRE

The OECD, in its interim report for September 2021, has projected a strong, but uneven global growth in the years 2021 and 2022 (Charts 1 and 2). Government and central bank support and progress in vaccination would lead to growth above the pre-pandemic level

Read more

20-25 September, 2021

US Federal Reserve Prepares to Taper in November

Dr Debesh Roy, Chairman, InsPIRE

The Federal Open Market Committee (FOMC) at its meeting held on 22 September 2021, unanimously decided to maintain the rate of interest paid on reserve balances at 0.15%…

Read more

13-18 September, 2021

United States Retail Inflation – August 2021

Bijetri Roy, MD & CSO, InsPIRE

The US consumer price inflation has eased marginally to 5.3% in August 2021, compared to 5.4% in the previous month,

Read more

Evergrande Crisis in China

Bijetri Roy, MD & CSO, InsPIRE

Crisis ridden Evergrande, one of China’s largest real estate developers and is also the most indebted. The crisis has raised alarm bells across the globe.

Read more