So we have tried to be careful in terms of factoring in some of the risks which we are seeing across sectors in terms of slowdown in discretionary space, let us say weaker NIMs in the case of banks, etc. But let us say, the wild card is clearly the state of the global economy linked to interest rates.
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
October 1, 2026