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.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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