International mutual funds have outperformed domestic equity mutual funds in the current year, driven by shifts of Foreign Institutional Investors (FIIs) to markets like China and the US. Experts suggest investors remain focused on the Indian equity market, which shows growth potential and support from Domestic Institutional Investors (DIIs).
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation