India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases

• Inflation will slow this year, allowing Fed to cut rates further, says former St. Louis Fed chief

  Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank to continue to lower interest rates.
  
  MarketWatch - 2d

• ECB decision: Interest rates cut to nearly 2-year low — and more easing likely

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• 

  European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy

  The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a ...
  
  ABC News - 6d

• India’s Modi faces budget challenge as economy slows

  Finance minister under pressure to revive growth while maintaining fiscal discipline
  
  Financial Times - Jan. 30
• 

  India, China to Resume Direct Flights After Nearly Five Years

  It was the latest thaw in relations between the two countries, whose troops were involved in deadly skirmishes high in the Himalayas in 2020.
  
  The New York Times - Jan. 28
• 

  China and India agree to resume direct commercial flights for first time in five years

  Yahoo News - Jan. 28
• 

  India and China agree to resume direct flights for first time in five years

  The development is the latest sign of thaw in diplomatic relations between the world’s two most populous nations. India and China have agreed in principle to resume direct flights between the two ...
  
  The Guardian - Jan. 28

• India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

  The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.
  
  CNBC - Jan. 13

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