Here's your summary from Rajan Expects One or Two Rate Cuts This Year (https://www.youtube.com/watch?v=jvcEOcxQqmo) on the Bloomberg Television channel:
**TLDR:** Rajan expects one or two rate cuts this year, citing factors such as immigration, productivity growth, and fiscal boosts contributing to the strong US economy.
1. Rajan predicts a decrease in interest rates by one or two cuts this year due to various factors supporting the US economy.
2. The US economy has outperformed expectations, with strong balance sheets and confidence in spending.
3. India faces important choices in its economy, with a focus on services exports as a potential alternative to becoming a manufacturing giant like China.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro