India’s headline inflation dropped to 4.31% in January, marking the lowest level since August 2024 and below expectations of 4.6%. Food price inflation also decreased significantly, with vegetable prices showing the biggest decline. The easing inflation could pave the way for another rate cut by the Reserve Bank of India, following its recent reduction to 6.25% to support the slowing economy.
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Trump visits US Federal Reserve HQ amid feud with Chairman Powell | Donald Trump News
President Trump visited the Federal Reserve's headquarters to criticize the $2.5bn renovation of its buildings, calling it excessively costly, while also pressuring Fed Chairman Jerome Powell to lower interest rates. Amid rising tensions over the Fed's monetary policy and renovations, Trump claimed the project's costs were inflated, leading to accusations of mismanagement from the White House. Want More Context? 🔎
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