James Knightley of ING suggests the Federal Reserve might reveal more about its interest rate strategy at the Jackson Hole Symposium. Despite expectations for a September rate cut, concerns over data quality persist, raising questions about economic growth. Markets anticipate a possible rate cut based on recent economic data revisions and global economic uncertainties.
Citi bullish on Indian equities, sees Nifty at 28,000 by end-2027
Citi Research projects that India’s benchmark Nifty 50 index could hit 28,000 points by the end of 2027. This forecast is based on strong earnings