India’s underperformance started in October 2022 once the pressure on global markets eased. The worst Asian markets of 2022 – China, Taiwan and South Korea — received maximum flows. Lower bond yields and dollar supported US treasuries, IG credit and Nasdaq stocks.
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