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.
Syngene zooms 17% despite 19% YoY drop in Q4 profit
Syngene shares surged despite a 19% YoY decline in Q4FY26 net profit to Rs 148 crore, as earnings rebounded sharply from Rs 15 crore in