Jerome Powell

US Federal Reserve 'prepared to raise rates further' to bring inflation down to 2%: Jerome Powell at Jackson Hole

“The Federal Reserve (Fed) has maintained a hawkish tone, signaling that it is committed to raising interest rates in order to combat inflation. As interest rates rise, FPIs may become more cautious about investing in riskier assets such as Indian stocks. However, the Indian market has been resilient in recent weeks with strong DII and retail participation offsetting the sell-offs by FPIs," said Trivesh D, COO, Tradejini.

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