Posts in category Economic Times
Largecaps in Nifty 50 and Nifty 100 have stable growth prospects: Deven Choksey (03-10-2024)
Deven Choksey, MD of DRChoksey FinServ, emphasizes careful investment with large-cap stocks in the Nifty 50 and Nifty 100 due to stable growth prospects. He advises caution with gold financiers due to potential interest rate impacts and expects robust growth in auto sales and metals, driven by several sector-specific factors.
Fed hawks and doves: what US central bankers are saying (03-10-2024)
U.S. central bankers reduced the interest rate target by half a percentage point in September. Federal Reserve Chair Jerome Powell stated that this significant reduction shows confidence in reaching the 2% inflation target, and it should not indicate future cut rates’ pace. Policymakers are divided between focusing on inflation risks and labor market concerns.