Federal Reserve Chair Jerome Powell said that the central bank will likely continue with quarter-percentage-point interest rate cuts and is not in a hurry to cut rates quickly. Powell emphasized confidence in ongoing economic growth and consumer spending. The Fed aims to maintain low unemployment and manage inflation towards its 2% target.
Is the trend of chasing themes in the market over? Shreyash Devalkar explains
Shreyash Devalkar of Axis Mutual Fund suggests a shift in investment strategy. Broad investment themes are less effective now. He recommends focusing on individual stock