NEW DELHI, India — Indian equity markets enter the coming week with several domestic and global triggers in focus, including India’s July retail inflation data, Q1 corporate earnings, U.S. inflation figures, Foreign Institutional Investor (FII) activity and developments in U.S.-Iran peace negotiations. The NIFTY50 ended the previous week at 24,570 after gaining around 0.7%, while the SENSEX rose approximately 0.5% to 78,499.
टैग: Inflation
US Economy Slows to 1.5% Growth in Q2 as June Core Inflation Holds at 3.3%
The US economy grew at an annualized rate of 1.5% in the second quarter, falling short of economists’ expectations, while June core inflation remained well above the Federal Reserve’s 2% target, according to economic data released Thursday.
Fed Holds Interest Rates Steady as Warsh’s Inflation Message Leaves Markets Uncertain
The U.S. Federal Reserve kept its benchmark interest rate unchanged at 3.50%-3.75% on Wednesday, July 29, as a divided policy committee weighed persistent inflation pressures against a steady labour market. Fed Chair Kevin Warsh reiterated the central bank’s commitment to bringing inflation back to its 2% target, but offered few clues about whether rates could rise at the next meeting.