US Treasury Secretary Scott Bessent has expressed a need to examine the performance of the Federal Reserve, which has maintained a cautious stance on lowering interest rates.

The focus on growth will continue to remain strong, and thus the inclination toward rate cuts will continue to remain high, said Naveen Kulkarni of Axis Securities PMS.

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

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Verizon's post-earnings gain made it the best Dow Jones stock today. All in all, the blue chip Dow Jones Industrial Average swung lower into the close, shedding 0.04% to end at 44,323. Meanwhile, the ...

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The European Central Bank is set to hold interest rates for the first time in almost a year when policymakers meet this week, ...

Bangladesh should maintain its policy rate at 10 percent until the middle of fiscal year 2025-26, the International Monetary Fund (IMF) has said, citing the inflationary pressures of a weaker currency ...