New York Federal Reserve President John Williams believes current monetary policy is well positioned for the economy this year, despite potential inflation risks. The Fed is cautious on rate changes and is monitoring incoming data. Richmond Fed President Thomas Barkin shares concerns over tariffs impacting prices and the job market. Economic uncertainty persists amid trade policy shifts.
Is Nifty expensive? Why judge today’s valuations through yesterday’s lens, asks Pankaj Pandey
ICICI Direct’s Pankaj Pandey believes India’s Nifty has structurally transformed, making historical valuation comparisons obsolete. He suggests current valuations, though seemingly rich at 20x FY27