The US has reached peak inflation, and as a result, the Federal Reserve Bank has increased interest rates by 75 basis points to a range of 3.0-3.25%, the highest since 2008. The fed rate hike can have a critical impact on the Indian economy.
In November, the Federal Reserve Bank increased interest rates for the sixth time in order to combat inflation. What is the impact of increased Fed rates on the US economy? Learn here.
US Fed Rate Hike: Any hawkish commentary from the US central bank threatens to initiate a further rally in the dollar index, ending the party of FII flows into India and other emerging markets