Free stock tips - The US Fed Reserve kept interest rates unchanged at its two-day rate-setting review that ended on yesterday, but hinted at a potential rate increase in the end of year.
Most analysts expect the US Fed Reserve to start hiking interest rate by next year. But, a December timeline comes as a surprise. Reacting to the news, most of the growing markets slipped.Click Here Free stock tips
Most market participants were forecasting a 35 per-cent probability of a Fed rate increase in December month, but now that probability went up substantially after Wednesday's statement. It is near to 50-50 or may be even little higher, said by experts. Bihar election can be a near-term trigger that one can watch for determining the trend of FII flows. Moreover, even though there could be periods of temporary selling by FIIs, overall India will continue to receive net inflows on a longer-term basis in a large way as India's growth potential is one of the best as compared with most of its global peers," he told.
Most analysts expect the US Fed Reserve to start hiking interest rate by next year. But, a December timeline comes as a surprise. Reacting to the news, most of the growing markets slipped.Click Here Free stock tips
Most market participants were forecasting a 35 per-cent probability of a Fed rate increase in December month, but now that probability went up substantially after Wednesday's statement. It is near to 50-50 or may be even little higher, said by experts. Bihar election can be a near-term trigger that one can watch for determining the trend of FII flows. Moreover, even though there could be periods of temporary selling by FIIs, overall India will continue to receive net inflows on a longer-term basis in a large way as India's growth potential is one of the best as compared with most of its global peers," he told.
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