Raghuram Rajan on U.S. Recession Fears, Market Volatility, and Impact on India | CNBC TV18

In this special edition of Indianomics, we dive into the recent volatility in global markets. August began with a significant downturn as the U.S. seemed dangerously close to a recession, and the Fed was expected to make six rate cuts over two years. However, just weeks later, stock indexes are nearing all-time highs, the economy appears strong, and the Fed is now expected to cut rates much more slowly. Amid all this uncertainty, what's the real state of the U.S. and global economy, and how does it affect India? Joining us to shed light on these issues is former RBI Governor and Professor of Finance at Booth School, Raghuram Rajan.

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