The Fed issued new projections showing rates peaking at 4.6% next year with no cuts until 2024. It raised its target interest rate range by another 75 basis points overnight to 3.00%- 3.25%, as was widely expected.
Short-term volatility may persist, but financials still the go-to sector: Rohit Srivastava
Rohit Srivastava suggests navigating short-term market noise and viewing dips as buying opportunities, particularly within the outperforming financials sector, including insurance companies and NBFCs. Nifty
April 16, 2025