Finance Ministry: Reaction by Indian Stocks and Forex Markets to US Federal Reserve’s yesterday decision to raise the target range for the federal funds rate by 25 to 50 bps, underlines the strong macroeconomic fundamentals of the Indian Economy and the efforts made by the present Government to achieve macro stability over the last one and half years. https://www.taxtmi.com/news?id=15360 The statement treats the US Federal Reserve's rate increase as the start of monetary policy normalization, notes cautious future Fed actions, and records positive reactions in Indian equity and forex markets-indices rising and the rupee stable-attributing market resilience to stronger GDP growth, lower inflation, a reduced current account deficit, and ongoing fiscal consolidation. en-us Fri, 18 Dec 2015 10:27:33 +0530 Fri, 18 Dec 2015 10:27:33 +0530 TaxTMI RSS Generator Finance Ministry: Reaction by Indian Stocks and Forex Markets to US Federal Reserve’s yesterday decision to raise the target range for the federal funds rate by 25 to 50 bps, underlines the strong macroeconomic fundamentals of the Indian Economy and the efforts made by the present Government to achieve macro stability over the last one and half years. https://www.taxtmi.com/news?id=15360 The statement treats the US Federal Reserve's rate increase as the start of monetary policy normalization, notes cautious future Fed actions, and records positive reactions in Indian equity and forex markets-indices rising and the rupee stable-attributing market resilience to stronger GDP growth, lower inflation, a reduced current account deficit, and ongoing fiscal consolidation. News - Fri, 18 Dec 2015 10:27:33 +0530 https://www.taxtmi.com/news?id=15360