The US Federal Reserve begins a crucial two-day meeting to decide on interest rate cuts. Investors are keenly watching whether Jerome Powell will opt for a 25 or 50 basis point cut. The outcome will significantly impact stock prices, depending on Powell’s motivations and the economic outlook.
Indian equity indices surge 1% amid SBI profit boost and Trump-Putin meeting optimism
Indian equity indices rebounded strongly, recovering last week’s losses, fueled by SBI’s impressive Q1 results and optimism surrounding the upcoming Trump-Putin meeting. Short covering was