Now the market is betting that this will be enough for the economy to see significant slowdown and that shall prompt the Fed to cut rates soon. Also, I think disinflation is already on the way unless we have another oil price shock or something like that. We will see significant disinflation over the next year.
Explained: How BSE traded fewer contracts after CAS but premiums rose 75% in first week
BSE’s derivatives activity fell sharply in the first week of the Closing Auction Session, but higher premiums more than offset the decline in contracts. Premium