Bond market splits from Fed again by betting on 2024 rate cuts

June 13, 2024

Bond traders increased bets on interest-rate cuts despite Federal Reserve pushback. Inflation cooling signaled potential rate cuts. Powell emphasized no rush to shift policy, waiting for more evidence against inflation.

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Probal Sen flags muted quarter for Reliance as O2C weakness weighs

Reliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numbers. While retail and telecom offer stability, energy business

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Sandip Sabharwal sees strength in financials, warns of IT sector headwinds

India’s top IT firms reported mixed earnings, grappling with near-term pressures and AI-driven structural shifts, leading to subdued growth forecasts. While IT valuations have become

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