The Federal Reserve, concerned about a weakening labor market and rising unemployment, especially among minority groups, has lowered interest rates by a quarter of a percentage point. Further rate cuts are anticipated, despite persistent inflation above the Fed’s target.
GIFT Nifty hits record open interest of $21.56 billion; contracts touch all-time high
GIFT Nifty has hit a record open interest of $21.56 billion, reflecting rising global investor participation in India’s offshore derivatives market. The milestone, achieved on