The Federal Reserve is expected to pause its interest-rate-cutting cycle this week, as a more stable jobs market eases divisions within the central bank. Officials believe current rates are appropriately positioned to support employment while keeping inflation in check. This decision aims to refocus on the Fed’s core mandate, though it may intensify criticism from President Trump.
Axis Bank shares surge over 4% as Q3 PAT rises 3% YoY. Should you buy now?
Axis Bank shares saw a significant jump on Tuesday. The bank reported a 3% year-on-year rise in its standalone net profit for the December quarter.