Economic TimesLean R·
Explained: What US Fed’s first 25 bps rate hike in 3 years means for Indian stock market
The US Federal Reserve has raised interest rates for the first time since 2023, taking the benchmark rate to 3.75%-4.00% as stubborn inflation limits its room to ease policy. The move could have implications for Indian markets, affecting the rupee, bond yields and foreign flows. With inflation still elevated, markets are also weighing the possibility of further rate hikes this year.
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