Probability Of Fed Rate Cut In 2024 India

Probability Of Fed Rate Cut In 2024 India. Powell indicates rate cuts in 2024. The market after the fed announcement believes that there's a higher probability (about 70 per cent) that the fed will start cutting interest rates during its june.


Probability Of Fed Rate Cut In 2024 India

All three major indices on wall street closed at new records after fed unanimously decided to hold its key lending rate between 5.25 per cent and 5.50 per cent. The biggest impact for india can be softening of the dollar and strengthening of the rupee which would mean lower import bill for india.

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