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.
Know Your Fund Manager | Rohan Korde, Fund Manager – Equity, ITI Mutual Fund
Let’s start with your personal storyI’m a third generation Mumbaikar, and given this background my education has been with the State Board and Mumbai University.