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Impact of US FED Rate Hike on Indian Economy
Pankaj Tibrewal, Senior EVP & Fund Manager (Equity), Kotak Mahindra Mutual Fund
The US Federal Reserve, in its June Federal Open Market Committee (FOMC) meeting, decided to increase interest rates by 75 basis points. This is the most aggressive rate hike since 1994, to tame the highest rate of inflation in the United States since the early 1980s.
Moreover, these rate hikes impact not only the US economy but markets and economies across the globe. There are different ways the US Fed rate hike will impact India.
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#USFedrate#ratehike#Indianeconomy#RBI#MPC#KotakMutualFunds#PankajTibrewal#commonpeople#currency#stockmarket#investors
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US Fed rate is likely to be rise more than once in 2017 as Trump presidency due to measures which is expected to rise inflation. Read to find more
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