If there is a continued easing in the US labour market, then what Chairman Powell said at this central bankers meeting in Europe a couple of days ago would hold true, that the Fed is headed towards easing and the consensus seems to be thinking that it might happen by September, says Arvind Sanger.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction