Mutual funds significantly increased their investments in smallcap IPOs during the March quarter, with a focus on newly listed companies. Amagi Media Labs and Fractal Analytics emerged as top holdings, followed by Sedemac Mechatronics and Shadowfax Technologies.
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