US inflation likely edged up slightly in May, offering limited insight into tariff impacts. Jerome Powell will testify on Capitol Hill, reiterating the Fed’s cautious approach amid uncertainty about trade policy’s economic effects. While rate cuts remain possible, officials seek more clarity. The report will also provide insights into household spending, personal income, and consumer confidence.
Banking, consumption and healthcare to lead market gains: Shibani Sircar Kurian
Shibani Sircar Kurian of Kotak Mahindra AMC sees select growth pockets in banking, consumption, and healthcare. She highlights attractive valuations in PSU banks, stock-specific opportunities
October 22, 2025