India’s structural growth outlook remains positive, with 80% of GDP growth driven by domestic factors. The market is poised for growth in the next 5-10 years, despite short-term challenges. Diversification into global markets and well-diversified portfolios are recommended to mitigate risks.
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