Dear All, *Here's the key highlights from Liquidity Monitor* 🎯 The yield on the 10-year U.S. Treasury remained range-bound this week, as investors weighed rising geopolitical tensions and an uncertain economic outlook. 🎯 U.S. Federal Reserve kept interest rates unchanged and reiterated its forecast of two rate cuts this year. However, it lowered its growth projections while raising inflation expectations — reflecting concerns around a potential stagflation scenario. 🎯 Amid global trade uncertainties, Bank of England held its benchmark rate steady at 4.25%. Bank of Japan also kept its policy rate unchanged at 0.5% and signaled a gradual reduction in government bond purchases starting next year. Click below to read the full report. https://www.kotakmf.com/documents/Liquidity_Monitor_20June2025 MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY. Thanks & Regards, Team Kotak MF