After US Fed rate hike, what are the next big triggers for the market?
Updated: 16 Jun 2022, 04:26 PM IST
TL;DR.A 75 bps rate hike was the US Fed was on expected lines. In the early hours of trade, the market took comfort from the Fed chief's comments and guidance. However, aggressive rate hikes have stoked the fear of a recession which is keeping the market down.
Now the US FOMC is done and most factors are on the table for the market. The market is likely to react to geopolitical tensions, the progress of the monsoon and global updates in the near term. Photo: Unsplash