📈 Stocks & Economy🇮🇳 India
US Fed Holds Rates Steady but Opens Door to a Hike Later This Year
CNBC·Thursday, 18 June 2026
The US Federal Reserve kept interest rates unchanged at its June meeting but removed its previous signal that it was leaning toward cuts. The median projection now calls for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range. New Fed Chair Kevin Warsh drastically rewrote the Fed's official statement.
Why It Matters
US rate decisions ripple into Indian markets — they affect the rupee, foreign investment flows into India, and borrowing costs globally.
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