Global recovery has been swift and uneven this year. However, that rebound has been accompanied by rising inflation, which is pushing global central banks to normalise their accommodative monetary policies deployed to counter the after-effects of the COVID-19 pandemic.
Some advanced economies and the emerging markets - particularly those that follow inflation targeting - have already started to raise interest rates. To be sure, the two systemically important central banks - the U.S. Federal Reserve and the European Central Bank - have emphasised the transitory nature of inflation, and communicated a very gradual pace of policy normalisation. But what if they surprise?
This webinar will discuss:
- Path for normalisation of the monetary policy in the U.S. and Europe in the evolving growth and inflation scenario
- India's vulnerability to external shocks, especially from the Fed tapering
- Global influences on local growth-inflation dynamics
- Impact on the domestic market
Joining the webinar will be Ms. Beth Ann Bovino and Mr. Sylvain Broyer, Chief Economists for U.S. and EMEA respectively, from S&P Global Ratings and Dr. Subbarao, Ex-Governor, Reserve Bank of India and Mr. B Prasanna, Head - Global Markets & Proprietary Trading Group, ICICI Bank.
Date: Wednesday, October 13, 2021 | 16:30 - 18:00 IST
