“The terminal interest rate for the US Fed is anybody’s guess, but it cannot be the case that their monetary policy will be tightened endlessly,” Das said Wednesday in his monetary policy commentary. “When the tightening is over, the tide will surely turn. Capital flows to India will improve and external financing conditions will ease,” he said.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created