The most-read strategy and economics research this week... Greed & fear The slightly better than anticipated July inflation data means that Fed easing expectations have picked up marginally. Still for a data-dependent Fed not willing to project forward, which is more or less where the Powell-led Fed has been of late, there is still an argument to stay on hold since the reality is that reported inflation is still well above the 2% YoY target. India Strategy The GST rate rationalization is expected 4QCY25. As ...