Those remarks align her with Fed Chair Jerome Powell, who said last week that he and his policy making colleagues at the central bank are “strongly committed” to taming inflation, which remains near a 40-year high. His words caused investors to increase expectations for a third straight hike of three-quarters of a percentage point at the Fed’s September 20-21 policy meeting.
Liquidity abundant, but regulatory curbs holding back NBFC growth ambitions: Shweta Daptardar
Going forward the larger, the bigger picture is while the liquidity has been strong in the system, and we are in a downward interest rate