Ashish Kashyap, the Founder & CEO of INDmoney, recently discussed the uncertainties surrounding earnings growth and inflation. He advised investors to adopt a wait-and-watch approach in the coming quarters, closely monitoring both local and global economic developments.

Kashyap expects the Reserve Bank of India (RBI) to maintain its current interest rates due to elevated inflation, prioritizing stability before considering any rate cuts. He also mentioned that the US Federal Reserve's recent reduction in the funds rate may lead to a more cautious approach, allowing time to assess the economic response before implementing further cuts. Market expectations for a potential December rate cut by the Fed have become more measured.