Fed's Barkin sees slower rate hikes, for longer, maybe higher https://ift.tt/GNkAKtb said he believes the Fed needs to make sure not to stop raising rates too soon, and should save any talk of potentially loosening policy until it is sure 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.
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