Friday, August 28
Washington DC: US President Donald Trump on Friday (local time) played down the significance of recently surfaced photographs showing him alongside convicted sex offender Jeffrey Epstein, calling the matter "no big deal."Upon being asked by the media about the newly released images by the Oversight Committee that featured Trump, Bill Clinton and Steve Bannon, the US President said, "I haven't seen them, but I mean, everybody knew this man. He was all over Palm Beach."Speaking to reporters from the Oval Office, Trump added, "He (Epstein) has photos with everybody. I mean, almost there are hundreds and hundreds of people that have photos with him. So that's no big deal. I know nothing about him".The reaction by Trump came after the Democratic members of the US House Oversight Committee on Fr
India’s bond market remained steady through the month, with the 10-year benchmark government bond yield easing by four basis points to close at 6.49%, according to the Fixed Income Review by Axis Mutual Fund.The tone in global markets was also supportive, as US Treasury yields drifted lower on rising expectations that the US Federal Reserve would announce a rate cut in its December policy meeting. The US 10-year yield ended the month at 4.01%, signalling a softening rate environment abroad.The RBI’s December policy turned out to be the most consequential event for domestic fixed income. The Monetary Policy Committee lowered the repo rate by 25 basis points to 5.25% while retaining a neutral stance.Axis Mutual Fund attributes this decision to a rare “goldilocks” combination of stron
