Market Quote : The Fed is expected to raise their rates by another 25bps Says Mr. Vinod Nair, Geojit Financial Services
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Below is on Market Quote 25 April 2023 By Vinod Nair, Head of Research at Geojit Financial Services
The domestic market succeeded in holding the gains, though multiple attempts were made by bears to reverse the trend considering the weak global market. Investors are highly nervous as they await the release of US GDP and PCE inflation data, which will guide the upcoming Fed action. The Fed is expected to raise their rates by another 25bps in its announcement on 3rd May.
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