Global Financial Markets Eye US Monetary Policy Next Week For Fresh Cues
Investors across financial markets, including in India, will look for fresh cues from the outcomes of the upcoming US monetary policy review meeting next week, particularly the extent of interest rate cut, if any. The US Federal Reserve's next meeting is scheduled for September 17-18, 2024. US Federal Reserve Chair Jerome Powell recently indicated that it was time for the US central bank to reduce interest rates as inflation rates aligned with its target.
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