scorecardresearchUS Federal Reserve’s Uncommon Hike: Five Pressure Points to Watch in Asia; Good news for India?

US Federal Reserve’s Uncommon Hike: Five Pressure Points to Watch in Asia; Good news for India?

Updated: 16 Jun 2022, 08:21 AM IST
TL;DR.
Asia traders are waking up to a relief rally across the Pacific after Federal Reserve Chair Jerome Powell promised the biggest rate hike since 1994 won’t be the rule.
US Federal Reserve Chair Jerome Powell speaks during a news conference on interest rates, the economy and monetary policy actions, at the Federal Reserve Building in Washington, DC, June 15, 2022. (Photo by Olivier DOULIERY / AFP)

US Federal Reserve Chair Jerome Powell speaks during a news conference on interest rates, the economy and monetary policy actions, at the Federal Reserve Building in Washington, DC, June 15, 2022. (Photo by Olivier DOULIERY / AFP)