Govt shutdown, rate cut—US policy paralysis has created an opportunity for India
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Govt shutdown, rate cut—US policy paralysis has created an opportunity for India
When the US Federal Reserve reduced its interest rate by a quarter percentage point last week, establishing the target range at 3.75-4 percent, it was not a bold stimulus but rather a cautious act of navigation. A prolonged government shutdown has left the Fed operating with limited information on inflation and jobs. For India, this development ...
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