Recently America’s Federal Open Market Committee (FOMC) has decided to raise policy rates by 25 basis points. This fed rate hike is the first such move since December 2015 and the second in a decade. The decision of fed rate hike have multiple impacts on Indian economy like inflation, outflow of FIIs etc.
Fed rate hike and its impact on India: Discuss the impact on India economy due to America�s Federal policy rates hike.
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