Market Quote : Investor caution is evident globally, as concerns about potential rate hikes Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 25 August 2023 By Vinod Nair, Head of Research at Geojit Financial Services
"Investor caution is evident globally, as concerns about potential rate hikes dominate the prevailing sentiment ahead of the Jackson Hole meeting. Furthermore, the minutes from the RBI MPC meeting reiterated their dedication to managing inflation within the target range, given the elevated domestic inflation levels. However, the expectation of a rate hike remains subdued, as the current high inflation is perceived as transitory."
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