Despite RBI’s unchanged rates, lenders raised deposit rates by 96 bps in FY24 due to rising credit demand. Liquidity tightened with incremental cash reserve ratio, leading to a multi-year high liquidity deficit.
Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectory
Investors await crucial inflation data next week which may decide the Fed’s interest rate move. The S&P 500 index is nearing its record high while