El-Erian said the Fed may well tolerate higher inflation instead of pushing the economy into recession to hit its 2% target. But he also said investors are over-reacting by pricing in sharp rate cuts. Market prices have swung wildly in recent days as traders bet on a drop in borrowing costs amid signs that inflation is falling and comments from Fed Chair Jerome Powell that the actions taken so far have pushed policy “well into restrictive territory.”
Will NSE be allowed to trade on NSE? Stock exchange may seek Sebi’s nod after listing
NSE may seek Sebi’s approval to allow its shares to trade on its own platform after its IPO, despite being formally listed only on BSE.