India in a a lot better place to deal with taper now than 2013: Former RBI governor D Subbarao

India in a a lot better place to deal with taper now than 2013: Former RBI governor D Subbarao

[ad_1] India is best positioned now to face any tapering of bond purchases by the Federal Reserve resulting in a monetary market gyrations than it was in 2013 when he was the governor of the Reserve Financial institution of India, stated D Subbarao. Apart from a a lot better present account and monetary deficit place … Read more

Fed more likely to open bond-buying ‘taper’ door, however hedge on outlook

Fed more likely to open bond-buying 'taper' door, however hedge on outlook

[ad_1] WASHINGTON: The Federal Reserve is predicted to clear the way in which on Wednesday for reductions to its month-to-month asset purchases later this yr and present in up to date projections whether or not higher-than-expected inflation or a resurgent coronavirus pandemic is weighing extra on the financial outlook. Fed policymakers, who’re wrapping up their … Read more