The widely anticipated rate cut bonanza has been put on ice. Contrary to expectations of sharp rate cuts at the beginning of this year, market watchers now seem resigned to a delayed and shallower softening. This has implications for investments in the bond markets. The US Federal Reserve poured cold water on investors’ rate cut hopes in its recent monetary policy review.
Inflows into largecap MFs up 731% in a yr, sectoral funds see 289% growth
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