[India] - Impact of US Fed rate cut might be muted in India: CEA Nageswaran

INSUBCONTINENT EXCLUSIVE:
Chief Economic Advisor V Anantha Nageswaran (Photo: PTI)2 min read Last Updated : Sep 19 2024 | 4:33 PM IST The impact of the US Federal
Thursday. Speaking on the issue, Economic Affairs Secretary Ajay Seth told reporters that the Fed rate cut would not have a significant
It is a 50 basis point cut from a high level
We have to see from where the US interest rates levels are
Summit 2024, the CEA said that the Indian stock market is already attracting investor interest and overall the rate cut is positive for
countries, will be relieved to see dollar liquidity since they have been affected by the tightening interest rates in the US between 2022
decision is based on what is good for the Indian economy