After the US Federal Reserve s rate-setting panel meeting, Jerome Powell has left the Nifty bulls confused with his dovish and hawkish tones. Although a pause in Fed s 500 bps rate hiking cycle was expected, Powell s hints of future rate hikes have spooked investors. However, the short-term impact may see more foreign investors attracted to Indian markets. Interest rates remaining high for longer may impact global growth with negative implications for equities.
US Fed pauses rate hikes after 10 straight increases: How will it impact India and RBI s rate cut decision financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Unchanged repo rate as was expected, lowering of inflation projection, and retention of previously forecasted GDP numbers for 2023-24 were some of the key highl
New Delhi: According to data released by the National Statistical Office (NSO) on Wednesday, India's economy grew 6.1 percent in January-March (Q4) 2023.