US Fed slashes rates but indicates no more cuts: What does it mean for India?
(WorldNews India)

As the US Federal Reserve expressed apprehensions on the need for rate cuts in the future, highlighting recent signs of strength in the economy, it may not be good news for emerging markets like India. The US central bank lowered the target range for its key interest rates by 25 basis points to between 1.75% and 2%, with Chairman Jerome Powell saying the `moderate` policy moves should be sufficient to sustain the US expansion. It also signalled a...