In the last few weeks, since Powell spoke at the Jackson Hole, there has been a shift in the undertone of the US monetary policy debate. It has shifted from whether the Fed will cut rates to how rapidly the Fed will cut rates. Powell himself has been a votary of a more calibrated approach to cutting the rates based on data inflows.
Open FlipKamdhenu Ventures Ltd share price hit record high after it announced new launch and capacity expansion plans. Kamdhenu Ventures share price opened at ₹48.89 on Tuesday on the BSE, slightly higher than previous close of ₹48.43. The Kamdhenu Ventures share price thereafter gained to hit record highs of ₹49.69 on Tuesday.
Open FlipNomura Holdings is eyeing stronger revenue growth in trading, which could increase by as much as 30% over the next three years, as it makes a renewed push to grow its business serving hedge funds, its head of global markets told Reuters .A jump in revenue from buying and selling government bonds and equities this year after improving risk controls and management.
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