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.
Wipro shares crack 4% after Q4 results. What Goldman Sachs, 3 other brokerages are saying?
Wipro share price fell 4% after the company reported a 2% YoY decline in Q4 profit to ₹3,502 crore, despite announcing a ₹15,000 crore buyback.