The updated projections see the Fed funds target rate edging down to 5.1% by the end of next year, and to 3.9% by the end of 2025. Since the Fed began tightening in March, core inflation has cooled. But its slow descent toward the central bank’s 2% target has been slow and uneven. The SEP forecasts inflation to drop to 3.3% by year-end, and to approach the central bank’s average annual 2% target.
GR Infraprojects shares zoom 7% on bagging Rs 4,263 crore project from NHAI
Shares of GR Infraprojects rose by 6.9% as the company was selected for a Rs 4,263 crore project from NHAI, involving the construction and enhancement
March 17, 2025