Jerome Powell’s speech at Jackson Hole boosted market confidence. Investors are now betting on a September rate cut. This has led to gains in stocks and a drop in Treasury yields. However, concerns remain about stagflation and the Fed’s independence. Donald Trump’s pressure on the Fed is also causing unease. The dollar weakened due to expectations of lower interest rates.
360 ONE WAM shares rise over 2% after appointing Jefferies India Head and MD as new CEO
360 ONE WAM appoints Jefferies India Country Head Aashish Agarwal as Group CEO, with founders Karan Bhagat and Yatin Shah taking focused leadership roles across