Federal Reserve officials are expressing concerns about the potential inflationary impact of tariffs. Governor Kugler anticipates larger price increases due to President Trump’s tariffs in 2025, supporting steady interest rates if inflation risks persist. Presidents Schmid and Harker also highlighted the unsettling economic outlook and potential for tariff-driven price pressures.
Bajaj Housing Finance shares rally 5% as Q1 AUM climbs 24% YoY
Bajaj Housing Finance shares rose sharply on Friday after the company reported a 24% year-on-year rise in assets under management (AUM) to Rs 1.5 lakh