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.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.