The Federal Reserve’s “Beige Book” reported slight economic expansion, subdued employment growth, and modestly rising inflation. Businesses remain optimistic about future demand. The Fed is considering further interest rate cuts, despite persistent inflation, with a decision expected in two weeks. A key inflation measure remains above the Fed’s target, but policymakers believe it is declining.
Metal stocks rise up to 17% after 5 monthly declines. But trend sustainability will have to pass through Trump tariff test
Metal stocks have surged up to 17% in a month, outperforming Nifty, driven by a weaker dollar and Chinese stimulus. However, US tariffs on steel