U.S. central bankers reduced the interest rate target by half a percentage point in September. Federal Reserve Chair Jerome Powell stated that this significant reduction shows confidence in reaching the 2% inflation target, and it should not indicate future cut rates’ pace. Policymakers are divided between focusing on inflation risks and labor market concerns.
HCL Tech and Aurobindo Pharma among 9 stocks that can rally up to 21%. Time to buy?
These stocks belong to different sectors such as telecom, information technology, banking, and finance.