Today news
About the same in other media
Global economy getting weaker, India, US among bright spots, says World Bank chief economist
Reading now: 164
Moneycontrol reported Gill as saying. The good news, however, “basically ends there", he quipped.
Further explaining his position, Gill noted that growth is slowing down significantly due to the high interest rates. The point of major concern is that the growth is dampening to a much lower extent as seen before the current round of crisis, he reportedly added.
Pointing towards the US Federal Reserve's rate tightening cycle, Gill suggested that it may pinch a number of economies in the longer-run. The Fed has raised the key lending rate by 500 basis points since March last year, in a bid to combat the high inflation triggered by the surge in global commodity prices due to the Russia-Ukraine war.
Read more on livemint.comAbout this in other media
View: India’s sell-side researchers should say what they mean economictimes.indiatimes.com /1 year ago
ICC World Cup 2023: 'Beasts' India favourites to win at home, says former New Zealand batter Ross Taylor economictimes.indiatimes.com /1 year ago
India vs New Zealand Live Score Updates, World Cup 2023: Injury troubles mount for IND; Surya-Ishan in focus livemint.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
