The U.S. dollar rose broadly on Thursday after the Federal Reserve’s significant interest rate cut. Despite initial volatility, the dollar rebounded from a one-year low against a basket of currencies. The Fed’s move was aimed at sustaining low unemployment amid easing inflation, with further rate cuts expected in the coming years.
ET Poll: 3 sectors investors should focus on in 2025
Within local equities, poll participants recommend a bigger exposure to large-cap stocks in 2025. Among sectors, most participants prefer banks, IT and pharma.
January 1, 2025