Why are the aggressive rate hikes by the United States Federal Reserve a problem for India? The Nifty, Rupee and bonds have all been falling in the wake of the ultra-hawkish tone adopted by the Fed. However, most believe that this time it could be a developed economy problem, especially since India’s inflation is not as much off-target as compared to US. So should we really worry about rising interest rates in the US or even a recession in Europe and America? Latha Venkatesh explains!
first published: Sep 28, 2022 12:25 pm
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