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Why are the aggressive rate hikes by the US Fed a problem for India? The Nifty, rupee and bonds have all been falling in the wake of the ultra-hawkish tone adopted by the US Federal Reserve. 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!
#ratehike #rupee #moneycontrol #rupeevsdollar #fed #rbi #rbimonetarypolicy
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