The US Fed s signal of another 2023 hike and smaller-than-expected interest rate cut in 2024 is concerning for Asian markets as it tightens monetary conditions and can restrict foreign capital inflow into the region
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
As the Euro-US-centric world faces the double trouble of stagflation, it should teach the teachers not to compromise with the principles they preach to the world
Global markets: Key indices of Wall Street witnessed sharp buying in late Tuesday session after US Fed Chairman Jerome Powell indicated less hawkish stance on interest rate hike