Rupee Performance and Influencing Factors - The Indian Rupee (INR) experienced weakness, becoming one of the worst-performing currencies this year, despite interventions [5] - Capital outflows, weak capital inflows (the weakest since the global financial crisis), and the absence of an India-U S trade deal are key factors driving Rupee weakness [4][5][6] - The Reserve Bank of India (RBI) intervened by buying bonds with 500 billion Rupees to calm the markets, which provided short-term relief [2] - Increased tolerance by the RBI for a weaker Rupee level is aimed at attracting capital inflows [7] Rupee Forecast and RBI Strategy - Forecasts suggest the Rupee could weaken to between 93 and 95 levels in the first part of 2026 [4][5] - The RBI is expected to shift its strategy to smoothing the Rupee's movements rather than defending a specific level in 2026 [9] - The RBI will likely use opportunities to rebuild its foreign exchange reserves [8] Economic Impact and Policy Implications - A weakening Rupee can act as a shock absorber, allowing monetary and fiscal policy to focus on growth and jobs [13][14] - While a weaker Rupee provides incremental support for exporters, Indian exporters are primarily price takers [15][16] - Low global commodity prices should limit the negative impact of a weaker Rupee on imports [17][18] - The government should focus on domestic levers of growth, such as consumption, and consider further tax cuts [20] - The government should focus on structural issues like ease of doing business and tax consistency to attract investments [23]

With the skepticism surrounding the inflation data, what should you do with your money. Do you go all in on stocks. Do you proceed with some more caution.Let's ask Rebecca Patterson, independent director at Vanguard and the former chief investment strategist at Bridgewwater. Great to see you first of all. >> Good to see you.>> Do do you I hate to put it quite this way. Do you care about the the vagaries of whether this report is reliable or not. Can you can you wait it out.Do you look to the market reaction ...

Mexico’s central bank lowered its benchmark interest rate by a quarter point, the latest in a series of cuts aimed at sparking economic growth despite worries over stubborn inflation https://t.co/BymDAqxY7f ...

Inflation & Pricing - Gradual pass-through of tariff costs onto CPI inflation and consumer prices, with core goods prices rising at a 14% clip annually [2] - Services less energy are showing disinflation, rising at a 3% pace, driven by shelter cost disinflation, but this may be overstated [3][4] - Alleviating tariff cost pressures is a key lever to reduce pressures on businesses and potentially lower prices for consumers [9] - Since 2019, inflation has accumulated to approximately 25% [10] Economic Outlook & Growth - The US economy is supported by three "Apillars" of growth: affluent consumers, AI investment, and asset price appreciation (stock market gains) [11] - These pillars create a virtuous cycle but also represent a narrow and fragile foundation, with risks of an AI-related bubble and stock market correction [12][13][14] - Expects US growth of 19% next year, roughly on par with this year, supported by this narrow foundation [14] - Consumer spending is expected to grow at a moderate 15% pace [15] - Greater investment in AI-connected areas is anticipated [16] Economic Polarization - Expects greater polarization within and between economies, with the well-offs and AI-focused businesses driving most of the spending and investment [16][17]

Ukraine has agreed with the holders of its warrants to convert the economic growth-linked securities into bonds, pushing through a restructuring to help shore up its war-torn finances https://t.co/2PVgydXdDT ...

The governing council today decided to keep the three key ECB interest rates unchanged. Our updated assessment reconfirms that inflation should stabilize at our 2% target in the medium-term. The new Euro system staff projections show headline inflation averaging 2.1% in 25, 1.9% in 26, 1.8% 8% in 28, sorry, 1.8% in 27 and 2% in 28. For inflation, excluding energy and food, staff project an average of 2.4% in 25, 2.2% in 26, 1.9% in 27, and 2% in 28.Inflation has been revised up for 2026, mainly because staf ...

Economic Concerns & Impact - Voters are concerned about the impact of AI on jobs and jobs more broadly [2] - Inflation has significantly increased since 2020, impacting people's perception of prices even if inflation stabilizes [3] - Sustained strong economic growth with wages rising faster than inflation is needed to address the problem of perceived high prices [4] Healthcare Policy - The president touched on healthcare, alluding to ACA subsidies without directly addressing them [4] - Republicans lack a concrete plan to replace ACA subsidies, creating uncertainty about healthcare costs [6][7] - Republicans still don't have a real solution on healthcare [8] Corporate Perspective - The president still favors tariffs, creating uncertainty for companies [10] - Companies desire certainty on tariffs, national security, and AI regulation [10][11][12] - Emerging blockade in South America creates uncertainty on the national security front [11] Other Policy Areas - Housing is primarily a local issue with limited federal government influence [8] - Building more energy capacity requires presidential and congressional cooperation but will take time [8]

FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday for the fourth meeting in a row as the economy in the 20 countries that use the euro increasingly looks strong enough to get by without the stimulus of lower borrowing costs for businesses and consumers. Bank President Christine Lagarde said that while the economy had remained “resilient,” there was too much uncertainty over trade and international conflicts to give any hints about future moves. “We reconfirmed th ...

Australia’s debt manager has cut its bond issuance plans for the fiscal year ending June 2026 more than expected, after the government forecasted stronger revenue from improved economic growth https://t.co/SdfwD56gJp ...

You know, obviously there's there's been a volatile element that has come into the AI sentiment here. >> Absolutely. >> A lot of it is centered around Oracle and sort of funding of these projects, private credit and its involvement in all of this.Like what are your thoughts on this. Yeah, I mean we've definitely seen um you know some concern building you know kind of within the markets you know just in terms of the amount of capex that is being committed you know kind of Oracle and the open AI kind of side ...