Jerome Powell’s speech at Jackson Hole boosted market confidence. Investors are now betting on a September rate cut. This has led to gains in stocks and a drop in Treasury yields. However, concerns remain about stagflation and the Fed’s independence. Donald Trump’s pressure on the Fed is also causing unease. The dollar weakened due to expectations of lower interest rates.
Sebi proposes changes to simplify nomination rules
Sebi has proposed simplifying nomination rules for demat accounts and mutual fund folios, making it the default option for new investors. This change aims to