JM Financial anticipates a pro-growth monetary policy under the new Reserve Bank of India Governor, Malhotra. The firm expects the central bank to potentially lower interest rates by 50 basis points during this cycle, citing stable inflation levels. Additionally, it highlighted the government’s Rs 11.2 trillion capital expenditure plan for FY26 as a significant driver of economic growth.
Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollar
The yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, responding to
October 30, 2026