Sunday, August 28, 2022

Uday Kotak warns of sharp correction in market after Jerome Powell#39;s #39;economic pain#39; caution

Uday Kotak warns of sharp correction in market after Jerome Powell#39;s #39;economic pain#39; caution “Federal Reserve Chairman Powell finally spoke firmly to fight inflation. Reminds us of Paul Volcker who broke the back of US inflation in 70s/80s. Watch out for Quantitative Tightening ( QT). US rules the financial world. Opiated markets will wake up and smell the coffee!” he said in a tweet.

from Moneycontrol Business News https://ift.tt/CRxtFED

No comments:

Post a Comment

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...