Recent rhetoric has continued to be hawkish overall, with Boston Fed President Susan Collins saying overnight that bringing inflation back down to 2% is the Fed’s Job One, while Fed Vice Chair Lael Brainard commented that tight monetary policy will continue “for as long as it takes to get inflation down.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,