Jerome Powell, Federal Reserve Chair, indicated a careful strategy for upcoming interest rate reductions. This contrasts with other Fed officials advocating for quicker action. Stephen Miran suggested a significant rate cut. Michelle Bowman also supported faster cuts due to cooling inflation and a weakening job market. Other Fed officials, like Austan Goolsbee, urged caution, citing inflation above the 2% target.
Sensex rises over 200 points, Nifty above 24,000; Maruti Suzuki shares jump 3%
Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a dip in the previous session. The Sensex surged over
June 30, 2026