The Fed is gaining confidence that inflation is moving toward its 2% target and will carefully evaluate economic data to inform its future decisions. Projections indicate a cumulative 100 basis points cut in 2025 and 50 basis points in 2026.
The impact of the jobs report on U.S. rate cut prospects also raised the stakes for consumer price figures on Wednesday where any rise in
Tata Group’s non-banking arm Tata Capital ($300 million), Prem Watsa-backed IIFL Finance ($300 million) and Anil Agarwal’s Vedanta Resources ($500 million) are ready to hit
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