Diabytes
Fed hike News
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Japanese stocks posted their biggest decline in more than a month on Monday after comments by U.S. Federal Reserve officials sparked fears of a rate hike as soon as next week, weighing on shares and other risk assets globally.
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A weak trend continued for a third straight session as market benchmark Sensex fell 98 points to 25,301.90 in choppy trade on Friday on sustained foreign fund outflows and selling by domestic investors after regulator Sebi tightened guidelines to check any misuse of P-Notes.
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US consumer spending rose marginally in February and overall inflation retreated, suggesting the Federal Reserve could take its time in raising interest rates this year despite a tightening labor market
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Gold edged up on Friday with the market on track to end the week on a firmer note as the dollar hovered near its lowest in five months, pressured by the Federal Reserve`s plan to make fewer-than-expected interest rate hikes
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Impact of Fed hike on India should be minimal - chief economic adviser
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Expecting a 25 bps hike in the US Fed rate post-September 17 meeting, American brokerage Bank of America-Merril Lynch Friday said delayed Fed action will only harm India as a postponement will stall portfolio inflows and prolong volatility.
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