FED Rate Hike Impact: Will Less Hawkish Stance Soothe Nerves?
2023 • 25min • News • Business
Published On: May 04, 2023 - Federal Reserve reinforced its fight against high inflation Wednesday by raising its key interest rate by a quarter-point to the highest level in 16 years. But the Fed also signalled that it may now pause its streak of 10 rate hikes, which have made borrowing for consumers and businesses steadily more expensive. Shweta Kothari joins Subhomoy Bhattacharjee, Consulting Editor, Business Standard, Amit Kumar Gupta, founder, Fintrekk Capital and Kartik Malhotra of News9 to discuss how the Federal Reserve's latest rate hike will have an impact on emerging markets and whether its less hawkish stance will help boost sentiments.