Gold loses for a second week as Fed continues with hawkish stance https://ift.tt/9DKCe0t Fed Chairman reaffirmed the need for continuing with the rate hikes to get inflation under control. Powell said that the economy needs tight policy for some time before inflation is under control.
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.
Comments
Post a Comment