The Indian rupee is expected to remain supported in the near term after strong intervention by the Reserve Bank of India (RBI), even as bond markets closely monitor the central bank’s liquidity actions and offshore investment flows. The coordinated moves by the RBI have helped arrest a sharp depreciation trend…
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Fed Cuts Rates Again, Powell Hints No December Easing
The US Federal Reserve has approved its second consecutive interest rate cut, lowering the benchmark federal funds rate to a range between 3.75% and 4%. However, Fed Chair Jerome Powell has signaled uncertainty over whether another reduction will follow in December, dampening market optimism. Rate Cut Aimed at Supporting Slowing…