Sunday, March 16, 2025 | 08:49 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

With US interest rates heading upwards, how will India fare?

The committee now projects the federal funds rate at 0.9 per cent by the end of 2016, perking up to 1.6 per cent by 2017

Janet Yellen
Premium

Janet Yellen

Ishan Bakshi New Delhi
On Wednesday, the US Federal Reserve chose to keep the federal funds rate unchanged. But the forward guidance provided by the committee suggests that the Fed is on course to raise interest rates during the course of the year. The committee now projects the federal funds rate at 0.9 per cent by the end of 2016, perking up to 1.6 per cent by 2017.

With higher interest rates in the US all but a certainty, will it lead to an exodus of portfolio money from emerging markets, especially India? Will the rupee succumb under pressure as risk-averse investors pull

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in