With US interest rates hovering around 5%, current-home sales are down more than 14% over the…
Tag: cheap credit
Superstar firms benefit more than others from cheap credit
Low real interest rates and the rise of so-called superstar firms have been two key features…
Time for RBI to start unwinding its easy-money pandemic policy
In a meeting last week, the Monetary Policy Committee (MPC) of the Reserve Bank of India…