The US central bank just published minutes of its July policy meeting, and the record showed that, at the time, most Fed officials saw significant upside risk to inflation, which in turn may require even more tightening.
KPIT Tech plunges 24% in 3 months as auto demand weakens
KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company’s net profit has notably decreased,