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.
FIIs sold about Rs 11,000 crore worth Indian stocks in 2 days of US-Iran war
Foreign investors sold nearly Rs 11,000 crore in two March sessions amid escalating West Asia tensions, surging crude prices and currency volatility. DIIs offered support,