Federal Reserve Governor Christopher Waller opposes a rate cut at the upcoming policy meeting. He suggests future cuts are possible if inflation pressures decrease. Waller wants more data, especially on inflation and tariffs, before making a decision. Financial markets expect a possible rate cut by June amid rising concerns over the economic outlook.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an
August 27, 2026