A long waiting period was over. The tight monetary policy stance pursued by the world’s largest economy the United States (US) for about four years was reversed on 19 September 2024. The US consumer price index (CPI) based inflation, known as retail or headline inflation, was seen steadily s...
The conclusion of World War II in 1945 marked the dawn of a new global order, with the United States emerging as a dominant power and the US dollar as the global reserve currency. Bank of America, which had risen to prominence during these years, continues to serve over 68 million customers worldwid...
The Economic Advisory Council to the Prime Minister (EAC-PM) recently released a working paper titled “Relative Economic Performance of Indian States: 1960-61 to 2023-24”. The paper analyzes the relative economic performance of Indian states using two key indicators: (1) Share in India’s GDP a...
As the U.S. presidential elections draw closer, the economic performance of President Joe Biden and his predecessor, Donald Trump, has come under scrutiny. Both leaders have faced unprecedented challenges that have significantly impacted their economic policies and outcomes.In a world still recoveri...
