The US economy’s surprising resilience challenges recession fears, as a report showed the biggest job gains in six months. This sparked market reversals and rethought interest rate bets. Small-cap companies and tech stocks led gains. Continued strong US activity data and expected rate cuts suggest a positive outlook for risk assets, despite inflation concerns.
Arvind Sanger on how Fed policy could shape India’s market inflows
Global stock markets are rising after the US Federal Reserve’s latest policy decision. Investors see the move as less aggressive than expected. This could lead