US Fed official says interest rate cut unlikely in 'short term'
The U.S. Federal Reserve (Fed) may have finished raising interest rates to battle inflation but probably won't cut them 'in the short term,' a senior...
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The U.S. Federal Reserve (Fed) may have finished raising interest rates to battle inflation but probably won't cut them 'in the short term,' a senior...
The regulator is looking into whether the bank has sufficient controls in place to prevent rich foreign customers from laundering money, the Journal’s report added.
"I think one has to realise that ebbs and corrections will be part of every structural bull run and investors lifecycle. To make money in the markets, you have to stay the course. Frequent trading and churning should be avoided. Investing is also called “Going Long”, therefore, one has to stay invested for the long term."
Jerome Powell also says that the Federal Reserve expect GDP growth to be moderate in coming quarters, but it remains to be seen
Mid-cap and small-cap space will always be a stock pickers’ playground. This is because most of the exciting sectors where we expect high growth are represented only in the mid and small space, says Mihir Vora of TRUST Mutual Fund.