FOMC meet: What does US Fed rate cut mean for Indian stock markets? Explained – The Times of India
India’s fundamental growth story remains strong, but the stock market volatility has been particularly significant this year. (AI image) The US Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) cut rates by 25 basis points on Wednesday. The rate cut was on expected lines, and came amidst rising pressure from US President Donald…