Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, emphasizing labor market vulnerabilities amidst accelerating inflation. He suggested a cautious approach, citing a shifting balance of risks and a slowdown in job growth. While acknowledging inflation concerns, Powell downplayed the long-term impact of tariffs, signaling a measured path toward easing monetary policy.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of