Global markets face a volatile week as Middle East tensions escalate, driving oil prices up. Central banks, including the U.S. Federal Reserve, are set to make crucial interest rate decisions. Investors await clarity on the Fed’s stance amid inflation concerns. The Bank of Japan’s policy meeting is also keenly anticipated.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,