business π Fed speech vibes impact Indian markets & gold
Kevin Warsh's Jackson Hole speech sparked intense speculation regarding a potential US Fed interest rate hike. This development is expected to pressure global equities, causing the Indian stock market to potentially start negatively on Monday. Bets for a 25 bps hike at the September 2026 meeting jumped to a 55.7% probability following the speech. Market experts suggest investors avoid aggressive bets and focus on selective opportunities in the current environment. Consequently, gold and silver rates are also anticipated to face selling pressure amid this volatility.