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There is a lot of global upheaval about the anticipation of the rate hike by the US Fed due to spiral inflationary worries. However, in the last two years, most of the inflation is not on account of the excessive money supply – which remains in the economy because of dovish monetary stance and undue …
(Written by Sukhveer Singh, an IAS of 1997 batch, Madhya Pradesh Cadre) These days many countries are facing an economic crisis. Sri Lankan economy is one of them where the prospects of civil war are building up, and the economy is crumbling day by day. The island nation of Sri Lanka is facing a shortage …
(by Sukhveer Singh, an IAS officer, 27th April, 2022) Fed’s response to inflationary concerns: On April 21, 2022, Fed chair Powell said, “a half-point interest rate increase ‘will be on the table’ when the Federal Reserve meets on May 3-4 to approve the next in what is expected to be a series of rate increases …