US Federal Reserve: In yesterday’s meeting of the US Federal Reserve, Fed Chairman Jerome Powell did not make any changes in interest rates and has decided to keep them stable. This is the fifth consecutive time that the US Federal Reserve has kept interest rates stable without making any changes. However, the Federal Reserve Chairman has said in his commentary that interest rates in America will be cut three times in the coming time. Now that there has been no change in the interest rates, they remain in the range of 5.25-5.50 percent.
Federal Reserve gives further hints of three rate cuts
Many big signals have emerged from the meeting of the Federal Reserve Open Committee i.e. FOMC on March 20. Interest rates in America are at the highest level in the last 23 years and inflation has still not been brought down to the fixed target of 2 percent, due to which no consensus could be reached in the Federal Reserve meeting to bring down the interest rates. However, the Federal Reserve has made it clear that it expects to cut interest rates three times in the coming quarters.
Fed Chairman Jerome Powell has clearly said that interest rates have been kept in the range of 5.25-5.50 percent so that it will help policymakers to properly assess the risk reward, incoming data and outlook. h3 style=”text-align: justify;”>What impact will be seen on Indian markets
Today good signals are emerging from the American markets. While Dow Jones futures are trading with a rise of 0.17 percent in the morning, apart from this, there has been a huge rise in Dow Jones, Nasdaq and S&P 500 index last night. There was no cut in interest rates after the Fed meeting, after which good sentiment was seen in the US market and on the basis of this the markets also rose. Today, after the positive signals from the American markets, Indian markets are also expected to open on the rise.
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