Will US Fed cut rates? How important is it for Indian market?

Money Control | Sep 18, 2019 at 10:02 AM
  • All eyes are set on the underway meeting of the Federal Open Markets Committee (FOMC) of the US Federal Reserve which concludes on September 18.
  • Some analysts believe the recent drone attacks on Saudi Arabia oil facilities can work as a catalyst for the US central bank to go for a rate cut.
  • Analysts highlight that, even though the Fed rate cut is important for the market, domestic factors will remain the main trigger that will decide the course of the foreign fund flow.