19Negative
Serious
Neutral
Optimistic
Positive
- Total News Sources
- 2
- Left
- 1
- Center
- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- just now
- Bias Distribution
- 50% Center
The recent 50 basis point rate cut by the US Federal Reserve is expected to have a limited impact on India, as much of the move was already anticipated by the markets. Chief Economic Advisor V. Anantha Nageswaran and Economic Affairs Secretary Ajay Seth both noted that the rate cut would not significantly affect foreign inflows into India. Despite broader market indices falling, benchmark indices like the S&P BSE Sensex and NSE Nifty50 hit fresh all-time highs following the announcement. Analysts suggest that while the rate cut is positive for emerging markets, ongoing geopolitical conflicts and a slowing global economy add uncertainty. The US Fed's decision to reduce rates aims to increase dollar liquidity and lower the cost of capital, benefiting countries affected by previous interest rate hikes. Domestic markets responded positively, with notable gains in sectors like banking and financial services.
- Total News Sources
- 2
- Left
- 1
- Center
- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- just now
- Bias Distribution
- 50% Center
19Negative
Serious
Neutral
Optimistic
Positive
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