The last time the US central bank chair spoke, he signaled that policymakers were likely to keep borrowing costs high for longer than previously anticipated, pointing to the lack of further progress on bringing inflation down.
Global crude oil prices may hit USD 120/barrel in short term, USD 150 if gulf war extends over a month: Kotak’s Chainwala
Crude oil prices may surge to USD 120 per barrel soon. Extended conflict in West Asia could push prices to USD 150. Supply disruptions in