Donald Trump called Jerome Powell a ‘numbskull’ for keeping interest rates high. Trump believes Powell’s policies hurt the housing market. He also suggested Powell might be politically motivated. Treasury Secretary Scott Bessent criticized the Fed’s spending on building renovations. Bessent wants the Fed to focus on its core monetary policy duties.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs
October 24, 2026