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.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,