Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
Why India's 7.8 Percent Growth Is a Double-Edged Sword
India's economy just grew 7.8% in the April-to-June quarter, beating every forecast. Lucas and Luna break down what that number really means — and why it's not the unalloyed good news it might seem. They dig into the composition of that growth, the role of government spending versus private investment, and why the Reserve Bank of India is in a tricky spot with inflation still above target. They also connect India's story to the global picture, from China's factory slowdown to the Fed's own balancing act. If you've been wondering how one emerging market's GDP…
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