Wednesday, December 7, 2022

Daily Voice | Its an aggressive stance by RBI but not a hawkish, expect terminal rate at 6.75-7% in February, says this investment professional

Daily Voice | Its an aggressive stance by RBI but not a hawkish, expect terminal rate at 6.75-7% in February, says this investment professional In the second half of 2023, there could be an interest rate cut in the US that could take place giving room to RBI for interest rate cut in India as well.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-itsaggressive-stance-by-rbinothawkish-expect-terminal-rate-at-675-7february-says-this-investment-professional_16768261.html

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...