

Why the US Fed’s Rate Cut Outlook Has Rattled Global Markets and Indian Equities

Pravesh Gour

Online

December 23, 2024
The market sentiment was shaken after the US Federal Reserve updated its outlook, indicating only two rate cuts in 2025, down from the previously anticipated four. This shift in policy, revealed by Fed Chair Jerome Powell, dampened global investor confidence. "The Indian equity market experienced its sharpest weekly drop since June 2022," stated Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, as reported by PTI.
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