Wednesday, December 4, 2024

RBI on tricky terrain of high inflation and slowing growth

RBI Governor Shaktikanta Das faces uncertainty about his future as his six-year term ends amid economic challenges. A slowing economy, persistent inflation, and controversies surrounding inflation calculations have fueled speculation about potential successors. Markets anxiously await the outcome of the MPC meeting and news of Das's possible extension.

from Economic Times https://ift.tt/awsUuWf

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...