Both the Fed and the U.S. economy are approaching a crossroads. Inflation has come down sharply since its 2022 peak of 9.1%, with the year-over-year increase in the consumer price index falling to 2.9% in July. Given the progress, the critical question facing Fed officials is no longer how much economic damage it will take to wrestle price increases back under control. It is whether they can finish the job without inflicting much damage at all.
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.