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US

The turncoat’s day

The General Elections, slated to begin shortly, have begun to resemble a roadside circus, if not theatre of the absurd. Ignoring pressing problems facing the country like poverty, unemployment, inflation and climate change, politicians incessantly talk of issues long buried in history, and worse still, caste, creed and religion.

Fed’s challenge

The latest US jobs report has set the stage for a recalibration of expectations at a time each economic indicator carries weighty expectations. The resounding message: uncertainty looms, and the Federal Reserve finds itself at a pivotal crossroads.