By Ashley Coutinho Indian equities are likely to remain volatile after the US Federal Reserve delivered a hawkish commentary at the Jackson Hole Economic Policy Symposium 2022 on Friday, belying market expectations that interest rate hikes would taper off over the next few quarters amid the possibility of a peaking of inflation. “While higher interest rates, slower growth, and softer labour market conditions will bring down inflation, they will also bring some pain to households and businesses. These are the unfortunate costs of reducing inflation. But a failure to restore price stability would mean far greater pain,” Powell said in …
