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Fed Holds Rates Steady โ€” Here's Why Indian Markets Are Watching Closely

NPR Topics: NewsยทThursday, 30 July 2026
Fed Holds Rates Steady โ€” Here's Why Indian Markets Are Watching Closely

The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday. Policymakers said they remain committed to fighting stubborn inflation. The decision came amid a divided Fed board.

Why It Matters

When the US Fed holds rates high, foreign investors often pull money out of emerging markets like India, putting pressure on the rupee and Indian stocks.

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