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Legal● Neutral for Indian equities
Fed watchdog finds renovation failures, but no grounds for criminal referral
The brief
- The inspector general found no reasonable grounds to believe federal criminal law was violated
- Fed’s preferred gauge showed core inflation at 3.0% in August, much lighter than expected
- Indian bond yields ease as oil cools, Fed rate hike bets tumble ahead of RBI policy
- Dollar Powers to Best Month Since June on Fed’s Inflation Fight
- Fed's Williams sees no urgency for next Fed rate hike
- Fed's Williams sees a possible rate hike later in 2026, with no rush to act