As far as the budget is concerned, for the last 3-4 years budget has remained non-event for the market, and most of the policy decision has been announced separately. We don’t expect any pre-budget rally.
NY Fed’s John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed