Federal Reserve Chairman Jerome Powell said the U.S. central bank is ready to raise interest rates further if needed and intends to keep borrowing costs high until inflation follows a convincing path. to the Fed’s 2% target. “Although inflation has fallen from its peak — a welcome development — it remains too high,” Powell said …
Jerome Powell signals Fed will raise rates if needed, keep them high Read More »
India attracted the highest level of foreign investment in August compared to developed and emerging markets, even after major stock indexes fell eight times in the past 14 trading sessions. Foreign investors have poured 1.11 billion USD into domestic securities since August, while withdrawing investment money from other markets. Taiwan recorded the highest capital outflow …
August inflows: India defies market volatility with strong foreign investment Read More »
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