US inflation slows in March but remains above Fed target https://ift.tt/c9p6NXm greeted by President Joe Biden as a sign of progress, several commentators noted that the inflation rate remains far above the Fed's two percent target, adding that inflation remained elevated when food and energy costs are stripped out
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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