US Federal Reserve officials anticipated potential economic challenges. Rising inflation and unemployment were concerns discussed in their last meeting. Staff projections indicated increased recession risks. These risks were tied to proposed tariffs. The Fed decided to hold steady the benchmark policy rate. The central bank awaits clarity on the Trump administration’s tariff plans.
IPO Calendar: Primary market cools after Jio frenzy, but 13 listings lined up
India’s IPO market is set for a quiet week, with just one fresh issue worth Rs 56.68 crore opening for subscription and no mainboard launches.