Recession To Hit America? RBI Governor Shaktikanta Das Clears The Air

BJP govt under Modi continues to harass people of this country..!!! What a shame !!!!!

Modi is friend with those who ran away with loans...!!!! What a shame...!!! Should not Modi resign???

Modi is busy in collecting funds via electoral bonds and PM CARE funds..!!!

Modi has proven that he is hand in gloves with bank loan mafias..!!!!

How much money is being swindled from BCCI ??

Most unawared RBI governor in Indian history

India is blessed with great minds and now they have great leader .. 👍

DIIs thanks to mutual fund SIPs and HNIs will take care of Indian market on dips. Some corrections are healthy and with growing GDP, earnings will keep ticking as well after difficult election heat wave Q1

World knows that data on US is manipulated and has been suppressed since they went off their Gold standard, RBI toeing USFed line speaks volumes of their independence, but obviously if US can borrow 1 trillion dollars every 90 days then their economy is doing very well. What BS.

Perpetual liars running rbi, do you seriously believe that India has a 4% inflation and USA has more than 4% for 3 years and still dollar continues to appreciate 😂😂😂😂

They don't want to state facts or should I say observe the facts.

Real Estate Prices very high in USA. Most consumers can't afford such high rent. But cost of repair or maintenance of a house is very high. Business have become greedy.

Same is the case in India. Do you honestly believe people make that much money to buy houses in India costing 1 or 2 crores . When both Governent US and India understate their inflation numbers are you doing service to the people, or are you just catering to top 2 percent. Everyone does not make that much money to hedge against against inflation by investing in the stock market.

Besides you in India don't know what is going in USA here. You have no clue. I live here.

So much Dollar Printing has created worldwide problems. I am suprised commodities are so low.

All CNBC anchors of the stock market coverage are so drama queens. They show that they have knowlege, sometimes, they die market reaction is surprising, sometimes show everything is so great etc. It's just a show or on for derivatives and confusing the viewers. If anyone wants to earn money in stock market, stay away from CNBC or any other media coverage of stock market

RBI MPC meetings has become a joke. Repo rates will be mirrored by US Fed everyone knows. If US cuts rate tomorrow, RBI will have special meeting day after tomorrow to cut rates. But rest of the financial news is good to hear.

now good time for INVESMENT and swing trading at nasdaq ,u30 , Nikki and indian market bcz it will break all time high as soon as

The lady way of thinking is cringe worthy. How much is our exports anyway. Why are all these people falling over themselves over US economy. When will Indian industry be India oriented??

All Central Bankers are the same. He's half-way around the World from the U.S. but Jerome Powell has control of the words that come out of his mouth.

Does Mr. Das know Sahm Rule?

Publish authentic and peer reviewed Indian data like the US.

Recession in America seems be under way. Spending power has gone. The jobless are not registering as Jobless, nor homeless, they are sleeping in tents on sidewalks of once great cities. Malls have closed e.g. San Fransisco. Hi-tech giants are laying off staff en-masse. But news will reach by Monday.

[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]

[Date]

Governor Shaktikanta Das
Reserve Bank of India
Central Office Building
Shahid Bhagat Singh Road
Mumbai, India – 400 001

Dear RBI Governor Shaktikanta Das,

I hope this letter finds you well. I am writing to express my appreciation for the insights you shared regarding the impact of recent US economic data on India during your recent discussion. Your analysis of the current economic outlook and the resilience of the Indian economy to external shocks is reassuring.

It is indeed heartening to hear that, despite the global economic weakness that may pose challenges for growth, India remains steadfast in the face of such uncertainties. Your reassurance that the anticipated rate cuts by the Fed are not an immediate cause for concern regarding a recession is both enlightening and comforting.

Furthermore, the positive projections for global trade and India's positioning in the global economy provide a sense of optimism for the future. Your leadership and expertise in navigating through these economic dynamics are truly commendable, and I have full confidence in the measures being taken to ensure India's economic stability and growth.

I am grateful for your dedication and commitment to steering our economy in the right direction, and I look forward to witnessing India's continued resilience and success under your guidance. Thank you for your invaluable contributions to our nation's financial well-being.

Please accept my best wishes for your ongoing efforts and the success of the Reserve Bank of India.

Warm regards,

[S.MITHUN MADESH]

Fed will cut rates and support economy... election year they won't make recession happen.. next if Trump wins he would push to cut rates even lower inflating the stocks...

As soon as US goes to recession indian rupee will be adjusted to 95 against dollar. Matter close..

What nonsense. Unemployment in the US is rising since last 6 months, and he is saying it is a one month data. 3.7 in January, 3.8 in March, 3.9 in April, 4 in May, 4.1 in June, 4.3 in July.

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As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. . I’ve been sitting on over $545K equity from a home sale and I’m not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?

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Diplomatic answer. The reality is very different.
There is a massive inflation based societal collapse and debt crisis that will bring USA to its knees is in making.

Now, Reghuram rajan has nothing to say anything negative about India's economy. RBI is doing its business quite satisfactorily.

bbc n cnn should be first banned in india ! shittiest group of media in the world

Raghuram rajan was the part of deep and fake state so now he don't have right to say on this topic. His theft from indian exchequer has been revealed to public. Jai hind😊😊😊

I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

Venkatesh is very intelligent anchor & has very good knowledge of banking sector & economics.