Market expert Vikas Khemani anticipates a consolidation phase for Indian equities rather than a sharp breakout, citing persistent global macro uncertainty and sticky energy prices. While corporate earnings have held steady, the full impact of global disruptions is yet to be felt, suggesting a prolonged drag rather than a major fall.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend