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Powell Says Fed Can Wait To Cut Interest Rates
Mint Mumbai
|June 25, 2025
Trump Is Urging The Fed To Cut Rates To Save Money On Interest Payments Affixed To The Vast National Debt
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts.
"For the time being, we are well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance," Powell said in prepared remarks he will deliver Tuesday before the House Financial Services Committee.
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Mint Mumbai
Infosys may lose $150 mn a year from Daimler
Infosys Ltd risks losing over a third of its $400 annual revenue from Daimler, one of its three largest clients, as the German auto giant seeks a new vendor for software and equipment following execution delays, according to two people familiar with the details.
3 mins
January 12, 2026
Mint Mumbai
Market braces for turbulence as FPI shorts hit record
Indian markets could turn choppier early this week with foreign portfolio investors (FPIs) raising bearish index futures bets to a record high on Friday, ahead of the US Supreme Court decision this week on the validity of president Donald Trump's tariffs.
2 mins
January 12, 2026
Mint Mumbai
The extraordinary video grab has had a very short life
It would appear that we are still in the era of extraordinary mobile-phone videos.
4 mins
January 12, 2026
Mint Mumbai
Clean slate in IBC to be reality soon
Govt accepts panel suggestions, no retrospective application
2 mins
January 12, 2026
Mint Mumbai
Why waiting for a crash can cost you more than investing at highs
Data over the decades shows timing matters far less than staying invested, whether through SIPs or lump sums
4 mins
January 12, 2026
Mint Mumbai
The long tail of a blockbuster—Collections beyond the box-office
The box-office is no longer the only engine of value for a successful film.
3 mins
January 12, 2026
Mint Mumbai
Swiggy scales up Noice to expand private-label play
Swiggy’s Noice expanded its supplier base from 40 to nearly 70 contract manufacturers
2 mins
January 12, 2026
Mint Mumbai
Elon Musk relies on Gwynne Shotwell to make SpaceX soar
Gwynne Shotwell, the longtime president of SpaceX, confronted a delicate problem last June.
6 mins
January 12, 2026
Mint Mumbai
NSE’s unlisted shares in focus as IPO fog clears
The unlisted market could be in for a flurry of activity, with the National Stock Exchange (NSE) likely to get the market regulator’s approval to begin its listing process by the end of this month.
2 mins
January 12, 2026
Mint Mumbai
Hedge funds get ready for the 'Donroe Doctrine' trade
Call it the “Donroe trade.”
4 mins
January 12, 2026
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