Beyond macroeconomic factors, market stability has been another critical catalyst. The Federal Reserve’s decision to keep interest rates unchanged provided relief to investors, while a sharp decline in India VIX signaled reduced uncertainty, encouraging fresh inflows.
Chicago Fed President Goolsbee rejects calls for Fed rate cuts to ease US debt burden
Chicago Fed President Austan Goolsbee rejected calls for interest-rate cuts to ease the US government’s debt burden, warning that such a move could fuel inflation