scorecardresearchUS Fed Rate Action: India is vulnerable to higher US interest rates, which could lead to capital outflow, analysts say

US Fed Rate Action: India is vulnerable to higher US interest rates, which could lead to capital outflow, analysts say

Updated: 28 Jul 2022, 08:03 AM IST
TL;DR.
Strategists were taking stock of their best trade ideas after Federal Reserve Chair Jerome Powell gave officials more flexibility on future rate hikes amid signs of an economic slowdown.
Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. - The US Federal Reserve on July 27 again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing American families. (Photo by MANDEL NGAN / AFP)

Federal Reserve Board Chairman Jerome Powell speaks during a news conference in Washington, DC, on July 27, 2022. - The US Federal Reserve on July 27 again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing American families. (Photo by MANDEL NGAN / AFP)