Rajesh Sharma CMD Money Matters Financial Services Ltd. said in the medium and longer term minimum austere medium-term fiscal targets need to be offset by higher nominal growth. As we noticed that structural reform can ease external rebalancing so are reforms required to boost nominal growth. Fiscal adjustment is key to almost all European region. […]
Commodities Outlook : Rajesh Sharma Money Matters
The flow of economic data over the past week sounded more positive than many who feared. US IP for April and European and Japanese 1Q GDP all surprised on the upside. One had to look just at the economic data and not focus on the risks emanating from Greece; it was clearly visible that growth […]
India CPI Flash – Rajesh Sharma Money Matters
“CPI April number Crosses 10%, It gets tougher for RBI on policy decision..”says Rajesh Sharma Money Matters CMD. New CPI gives jitters approximately increasing by 100 bps (A basis point (often denoted as bp, colloquially referred to in the plural as "bips", also known as a beep) is a unit equal to 1/100 of a percentage point) since the release […]
Global Money Matter FOMC Update – Rajesh Sharma Money Matters
The tone in the April FOMC meeting was almost the same as that of the March meeting and policy changes remained identical to that previously. The minutes of the meeting showed limited support for additional asset purchases in the near-term. However members collectively agreed that additional policy accommodation could be necessary "if the economic […]
OVERNIGHT MONEY MATTER HEADLINES – RAJESH SHARMA MONEY MATTERS
INTERNATIONAL MONEY MATTER The minutes of the April meeting of the Federal Open Market Committee (FOMC) showed that policy makers saw greater risks to their economic outlook than the previous meeting. The minutes showed that most members indicated that additional monetary policy accommodation could be necessary if the economic recovery falters any further. The ECB […]