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RBI’s Rajan - Global demand held back by deleveraging

Reserve Bank of India’s (RBI) Rajan, while speaking at an event in Bali, said the global demand is being held back by deleveraging and that there is tremendous pressure on policy makers to do what it takes.

He added further that ‘we don’t fully understand the effect of aging population’.

Fed’s Dudley: If we grew much faster than 2.0% we would have to tighten monetary policy

Additional comments crossing the wires from the FOMC member Dudley, as he continues to respond during the Q & A session at an event in Bali. Key Quot
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GBP/USD deflates from 1.3270, despite risk-on

The GBP/USD pair stalled its recovery from 1.3200 levels near 1.3270 region, now pushing the prices back towards the mid-point of 1.32 handle. GBP/US
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