Federal Reserve’s decisions, especially on interest rates, have a profound impact on global markets, including India. Chair Jerome Powell, could chalk out a future trajectory, without any rate cuts this year, or bring it down from the three rate cuts the other Fed officials were projecting. Young retail Indian investors can mistakenly treat these macroeconomic developments lightly, believing instead that it won’t have an impact on the Indian markets. But that would be a costly blunder.
StanC keen to break with local banks, play wealth manager
As the global head of wealth and retail banking, Hsu oversees assets of $367 billion which grew 35% year-on-year in 2024, according to a presentation
March 11, 2025