Economic TimesLean R·
US Fed’s dual challenge: Will rising inflation and soaring bond yields force Warsh into first rate hike in 3 years?
The US Federal Reserve is expected to raise interest rates by 25 basis points, with markets pricing in a high probability of a hike after inflation remained elevated and oil prices stayed above $100 a barrel. The move could push Treasury yields higher, pressure global equity valuations and weigh on foreign flows into emerging markets such as India.
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