US stocks rise, yields sink after Fed indicates rate cuts are coming
The S&P 500 was 0.6% higher, up from virtually flat just before the Fed's announcement.
Source: moneycontrol.com
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US Fed keeps key interest rate unchanged, foresees three rate cuts in 2024
The Federal Reserve kept its benchmark rate at about 5.4%, its highest level in 22 years, a rate that has led to much higher costs for mortgages, auto loans, business borrowing and many other forms of credit.
Source: moneycontrol.com
Nifty, Sensex continue to fall after US Fed's decision; When will this stop?
Amid negative global cues, Indian markets opened lower on Thursday with the Nifty 50 and 30-share Sensex tumbling over half a percent.
Source: moneycontrol.com
Rupee opens marginally weaker against dollar on hawkish Fed
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
Source: moneycontrol.com
US Fed Keeps Interest Rates Unchanged; Will It Hike In Future? Read Full Statement
US Fed Interest Rate Decision: Will It Impact Indian Market? Experts say the Indian market's reaction on Thursday will be driven by the US Fed's commentary rather than the rate decision
Source: news18.com