Yubi Daily Wrap

Macro Updates

Federal Reserve Bank of New York President John Williams said that while inflation has showed some signs of slowing, a tight labor market and other factors are likely to keep price pressures elevated and warrant high interest rates for some time.

Cumulative advance tax collection of India during April-December FY23, comprising both corporation and personal, has surged 12.8% to INR 5.21tn against INR 4.62tn during the same period of last year.

December 19, 2022

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