Indian shares look set to open on a positive note Monday after two consecutive sessions of losses.
Amid uncertainty surrounding the U.S. economy and fresh market volatility due to the Trump administration's aggressive trade stance, the likelihood of a rate cut by the U.S. Federal Reserve in September has increased.
Fed's Williams said in an interview that he'll have "very much an open mind" on September meeting rate cut.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.