The Federal Reserve decides to maintain interest rates, signaling fewer rate cuts than previously expected due to increased inflation forecasts and economic resilience.
U.S. stocks rose after a surprisingly encouraging update on inflation and a reassurance that the Federal Reserve still sees a cut to interest rates as likely this year
The Indian rupee will take
cues from equity-related flows this week, while domestic and
U.S. inflation data, and the Federal Reserve s monetary policy
decision will be major factors for the currency. -June 09, 2024 at 09:30 pm EDT
- MarketScreener