Powell, Das & their special interests

Central bankers in the US and India have differing views on interest rate cuts. US Federal Reserve chair Jerome Powell sees an opening for rate cuts, while RBI governor Shaktikanta Das believes it's too early to discuss them. The US sees risks of undershooting leading to inflation revival and overshooting jeopardising growth as evenly balanced. Indian RBI governor Shaktikanta Das is cautious about supply-side factors affecting inflation.