Views on the US Fed outcome by Manish Jain, Director of the Institutional Business (Equity & FI) Division at Mirae Asset Capital Markets
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Views on the US Fed outcome by Manish Jain, Director of the Institutional Business (Equity & FI) Division at Mirae Asset Capital Markets
A practical approach taken by the Fed today by maintaining policy rates at 5.25-5.50%. If it sounds hawkish, then it is. Fed is trying to balance the economy with maximum employment, stable demand & supply. Fed still finds inflation rate too high and doesn’t want to ease too early and face the risk of inflation coming back. Until inflation sustainably moves towards 2%, we can’t expect any easing. At the most, we can expect only one cut during this year, not more. Fed will be totally data dependent until inflation is well anchored.
Above views are of the author and not of the website kindly read disclaimer
Top News
Gensol Engineering touches roof on getting nod to pick up majority stake in Gensol Electric ...
Tag News
Kharif Sowing Surges by 32% Amid Early Monsoon and High Crop Prices by Amit Gupta, Kedia Adv...
