Uday Kotak’s warning! Brace for global turbulence, China imploding & why he believes interest rates will remain higher for some time
Friday, 12 April 2024 () Billionaire banker Uday Kotak predicts a bumpy road ahead for the global economy. He cautions about the impact of higher US inflation on delaying rate cuts, keeping interest rates high globally. Kotak has also raised concerns over China's economic challenges.
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to seek safe havens like gold and bonds.
CNN reports that United States stocks dropped on
April 12 amid...
Interest rates are currently at an all-time high as central banks such as the Bank of England, the US Federal Reserve, and the European Central Bank aim to bring inflation down to their..
IMF Warns of Broad Global Impact, Due to Conflict in the Middle East.
According to 'The Guardian,' the International Monetary
Fund recently highlighted the risks of escalating
conflict in the Middle..
Credit: Wibbitz Top Stories Duration: 01:31Published
The Bank of England has voted to keep interest rates unchanged, but showed what was perhaps the clearest sign in years that cuts could come in the months ahead. Bank governor Andrew Bailey said the..
Friday, 12 April 2024 ()
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