Federal Reserve Chair Jerome Powell said that the central bank will likely continue with quarter-percentage-point interest rate cuts and is not in a hurry to cut rates quickly. Powell emphasized confidence in ongoing economic growth and consumer spending. The Fed aims to maintain low unemployment and manage inflation towards its 2% target.
RBI likely to hold rates in October, easing expected by year-end: Radhika Rao
We should also keep an eye on the commodity space, particularly minerals and metals that India imports. Price fluctuations in these areas could affect our