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Policy▼ Bearish for Indian equities
Warsh's regime change at the Fed pushes ahead – and meets resistance
The brief
- Kevin Warsh is driving rapid change at the Fed
- His emerging policy framework suggests further rate hikes remain possible
- Further US rate hikes could weigh on Indian equities through foreign flows and borrowing costs
- Trump cancels nearly $1bn in US spending using rare ‘pocket rescission’ power: What is it?
- Soaring bond yields ‘not even close’ to cooling red-hot US economy, investors say
- AI-driven US growth holds up despite higher rates, unsettling Treasury investors
- Why the economy can handle surging bond yields—for now
- US long-term borrowing costs touch highest level since 2004