JPMorgan sees equity stress easing in second half https://ift.tt/P31StpX the Fed's so-called dot plot still suggests an aggressive pace of hikes, "if the Fed were to start delivering on expectations, rather than surprising on the upside, that could go a long way in stabilizing market sentiment," the strategists said.
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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