Those remarks align her with Fed Chair Jerome Powell, who said last week that he and his policy making colleagues at the central bank are “strongly committed” to taming inflation, which remains near a 40-year high. His words caused investors to increase expectations for a third straight hike of three-quarters of a percentage point at the Fed’s September 20-21 policy meeting.
Extended summer may lift AC sales, but growth likely to fall short of expectations: Praveen Sahay
India’s room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative dealer inventory stocking. While
June 18, 2026