Fed chair Jerome Powell, who sounded more hawkish than anticipated, has increased the interest rate forecast to 4.4% by the end of 2022. The indication is that 125 bps more rate hikes can be expected in the remaining two policy meetings scheduled this year.
Stock market holiday today: Are NSE, BSE and MCX open or closed on May 1 for Maharashtra Day and Labour Day? Check now
NSE Holidays 2026: Domestic stock exchanges NSE and BSE will be shut for trading on Friday due to Maharashtra Day holiday. There will be no