On Friday, Indian stock exchanges experienced a downturn as investors opted to trim their portfolios ahead of the weekend break. Meanwhile, bullion markets thrived, with gold and silver prices hitting unprecedented levels, marking a continued upward trend. Global trading activity remained lukewarm, reflecting the seasonal slowdown due to year-end festivities.
US Federal Reserve chair Kevin Warsh says he will stick by 2% inflation target, vows to bring in real-time economic data for making interest rate decisions
Federal Reserve Chairman Kevin Warsh declared unwavering commitment to the 2% inflation target, signaling no monetary policy easing despite President Trump’s calls for rate cuts.