Asian equities experienced a dip following Jerome Powell’s inflation outlook. The Fed held rates steady, signaling two potential cuts this year, but tariff-driven uncertainty complicates policy easing. Powell highlighted that tariffs are likely to boost prices, impacting consumers. Markets await further details on the global economy and geopolitical tensions.
ICICI Bank adds most credit cards in April amid rising competition
Axis Bank added 63,446 cards in April, less than half its February tally. Kotak Mahindra Bank remained steady at 33,038 additions. “We are focused on
May 27, 2026