The tide is turning | Expert Views - Best Freelancing Services

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Business BS opinion, monetary policy committee, MPC, RBI bestfreelancingservices.in 5 August 2024 0 Comments

The tide is turning | Expert Views

3 min read Last Updated : Aug 05 2024 | 8:23 PM IST

Six important developments have occurred since the Reserve Bank of India (RBI’s) June Monetary Policy Committee (MPC) meeting.

First, the global backdrop. We are now in the midst of a more broad-based global policy easing. The US Fed has moved back from a single inflation mandate to its dual mandate. The weak US July employment report has re-ignited the US soft landing/hard landing debate. US yields have tumbled, financial conditions are tightening, and the question now is how soon the Fed will move. “Higher for longer” has now become a thing of the past.

Second, commodity prices are easing.

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

First Published: Aug 05 2024 | 8:23 PM IST

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Hi, I'm Sneha Raithatha, the founder of Best Freelancing Services—a dynamic platform where creativity meets strategy. With years of hands-on experience in digital marketing, content creation, book publishing, and press release distribution, I’ve helped 1000+ clients turn their ideas into impactful digital realities. From writing compelling articles and ghostwriting books to designing brand identities and building SEO-optimized websites, I bring a blend of creativity, precision, and purpose to everything I do. I’ve also assisted over 20+ authors in publishing and marketing their books successfully, ensuring their voices reach the right readers. Driven by a deep love for storytelling and strategic thinking, I believe in delivering quality work that not only meets but exceeds client expectations. My work has been featured on platforms like USA Today TV, Times of India, Midday, Outlook, Deccan Herald, and many more. When I’m not working on client projects, you’ll find me experimenting with YouTube content, mentoring budding freelancers, or exploring how tech and creativity intersect to build powerful digital brands.